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FlutterFlow attracts cash for its low-code mobile app dev platform | TechCrunch

Jan 11, 2024 - techcrunch.com
FlutterFlow, a low-code platform for mobile app developers, has raised $25.5 million in a Series A funding round led by GV, Gradient Ventures, Xoogler Ventures, and Y Combinator, among others. This brings the startup's total funding to $30 million and values it at around $170 million. The funds will be used to scale FlutterFlow’s enterprise efforts and increase its investment in AI, according to CEO and co-founder Abel Mengistu.

Despite the competition in the low-code app development platform market, FlutterFlow differentiates itself with an open development approach and a fully centralized governance pipeline. The company also recently launched an AI-powered code assistant. FlutterFlow claims to have around 10,000 self-service paying customers, approximately 1 million users, and a handful of enterprise customers.

Key takeaways:

  • FlutterFlow, a low-code platform for mobile app developers, has closed a $25.5 million Series A funding round led by GV, Gradient Ventures, Xoogler Ventures and Y Combinator, among others, at a $170 million valuation.
  • The funding will be used to scale FlutterFlow’s enterprise efforts and significantly increase its investment in AI, according to CEO and co-founder Abel Mengistu.
  • FlutterFlow differentiates itself through an open dev approach, allowing customers to deploy apps without any dependencies on its platform, and a fully centralized governance pipeline.
  • The company claims to have around 10,000 self-service paying customers, approximately 1 million users and between 10 and 20 enterprise customers.
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