Low-code development platforms have experienced significant growth in recent years due to their ability to shorten the typically lengthy app development cycle. According to data from analytics firm GlobalData, VC funding into low-code development platforms increased fivefold from 2021 to 2022.
While demand has shifted towards AI, particularly generative AI, low-code development remains a strong player in the industry. This is highlighted by the recent financing round of low-code development startup FlutterFlow.
FlutterFlow, which is focused on building a low-code platform for mobile app developers, announced that it closed a $25.5 million Series A funding led by key players in the industry, bringing their total raised to date to $30 million. The investment will be used to scale enterprise efforts and increase investment in AI, according to CEO and co-founder Abel Mengistu.
FlutterFlow aims to address the challenge of delivering high-quality digital experiences by providing low-code tools to simplify app development for iOS, Android, and desktop operating systems. Leveraging Flutter, Google’s open source UI creation toolkit, FlutterFlow generates clean and maintainable app source code.
Image Credits: FlutterFlow
FlutterFlow differentiates itself with an open development approach, enabling customers to deploy apps without dependencies on its platform, and a fully centralized governance pipeline. The company has also launched an AI-powered code assistant to generate code based on desired functionality.
With approximately 10,000 self-service paying customers and around 1 million users, FlutterFlow’s strategy is yielding positive results. The company also has a handful of enterprise customers, indicating its growing presence in the market.
As low-code platforms continue to present opportunities for accelerated timelines and increased productivity, FlutterFlow remains focused on providing value for its customers, positioning itself as a valuable tool in the app development landscape.
