2 years ago
Builder.ai Raises $250M in Series D Funding Led by Qatar Investment Authority
London-based automated software development platform Builder.ai has raised $250 million in a Series D funding round led by Qatar's sovereign wealth fund, QIA
The round also saw participation from Iconiq Capital, Jungle Ventures, and Insight Partners
Builder.ai plans to use the funding to further develop its platform and expand its reach in the rapidly growing AI market.
ProblemTechnology
"Building software is time-consuming, expensive, and often requires technical expertise."
Solution
"Provides an AI-powered platform that enables businesses to build software quickly and efficiently, without needing extensive coding knowledge."