Databutton Raises $5.1M in Seed Funding to Accelerate Development of AI-Assisted App Builder
Oslo, Norway – Databutton, an Oslo-based provider of an online app builder for innovators and entrepreneurs, today announced the closing of a $5.1 million seed funding round led by Skyfall Ventures and Maki.vc. The round also included participation from angel investors.
The funding will be used to accelerate the development of Databutton’s AI-assisted app builder, which is currently in beta. The company plans to use the funds to hire new employees, expand its marketing efforts, and improve its platform.
“We are excited to partner with Skyfall Ventures and Maki.vc to accelerate the development of our AI-assisted app builder,” said Trygve Karper, CEO of Databutton. “The demand for AI-powered apps is growing rapidly, and we are well-positioned to meet this demand with our platform.”
Databutton’s app builder allows users to build AI apps without any coding experience. The platform provides users with a drag-and-drop interface, as well as access to a library of pre-trained AI models. Users can also connect to their own data sources and create custom apps.
The early use cases for Databutton’s app builder include chatbots, AI assistants, and real-time trading apps. The company is also working on a number of other applications, such as an app that helps people with diabetes manage their condition and an app that helps businesses automate their marketing campaigns.
The AI app builder market is growing rapidly, with the global market size expected to reach $12.8 billion by 2028.
There are a number of other startups that are developing AI app builders. Some of the most notable include:
- Appsmith is a no-code app builder that allows users to build and deploy custom apps without any coding experience.
- BuildFire is another no-code app builder that offers a drag-and-drop interface and a library of pre-built templates.
- Bubble is a no-code app builder that allows users to build web and mobile apps using a visual editor.
Deal Table for Databutton
|Key People||Investors||Amount Invested||Sector||Funding Round|
|Trygve Karper, Martin Røed, Viral Shah||Skyfall Ventures, Maki.vc||$5.1 million||No-code AI app builder||Seed|