Raises $250 Million in Series D Funding for Modular App-Building Platform

Date:, a modular app building platform, recently secured $250 million in a Series D funding round led by the Qatar Investment Authority (QIA). Other investors in the round include Iconiq Capital, Jungle Ventures, and Insight Partners. This brings the total amount of funding for the company to over $450 million and shows a 2.3X growth in revenue.

With these funds, plans to use human conversations to constantly build and improve the apps on its platform. This stands in contrast to the traditional white canvas app building system which was advised by experts. The startup currently operates out of the United Kingdom, United States, United Arab Emirates, Singapore, and France.

Sachin Dev Duggal, CEO and Founder of, spoke about their new funding and the changing landscape of building software: “We are entering an incredible time in history where the very notion of software is changing; from something that had a shelf life of years to what will eventually have a shelf life of a conversation and the volume of what is being created is only going to grow exponentially.”

The successful series D funding round comes on the heels of a recent strategic collaboration with Microsoft. Builder’s AI, “Natasha”, is soon to be made available to Teams users.

About was founded in 2016 and offers businesses the opportunity to build web and native mobile apps in a modular format. The company is well-known for its collaborations with many top-level technology and financial enterprises, including JP Morgan & Chase and Etisalat UAE. was included in the 2023 Fast Company list of Most Innovative Companies and was winner of the 2022 Europas “Scale Up of the Year” award.

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About Sachin Dev Duggal
Sachin Dev Duggal is the CEO and Founder of He has an MBA from Imperial College Business School and his career focuses on technology and the digital industry. Born and raised in London, Sachin has years of experience in digital transformation consultancy and the development of mobile and progressive web apps. He is passionate about bringing cutting-edge technology to transforming businesses and society in general.

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