AppsBuilder Raises $1.5M to Accelerate Growth in Key Markets
Turnkey mobile app development platform AppsBuilder has secured a $1.5 million investment from United Ventures, bringing its total funding to $3.5 million. This latest round builds on previous investments from Annapurna Ventures, Zernike Meta Ventures, and angel investors.
Strategic Expansion Plans
The fresh capital will be used to:
- Strengthen market presence in the U.S. and UK, which currently account for over 50% of the company’s business
- Further develop its no-code app-building platform
- Enhance multilingual support to cater to a global user base
Competitive Landscape
AppsBuilder operates in a competitive space alongside platforms like:
- Mobile Roadie
- iBuildApp ($1.3M raised)
- BiznessApps (seed-funded)
Impressive Growth Metrics
The company reports:
- 40% revenue growth in the last six months
- Nearly 1 million users across 70 countries
- 8,000 apps created monthly through its platform
Global Reach
AppsBuilder supports six languages:
- English
- German
- French
- Spanish
- Italian
- Portuguese
Its largest markets after the US and UK include Brazil and Italy, demonstrating strong international adoption of its app development solutions.
Image credit: Shutterstock
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