Bubble has successfully raised significant funding over multiple rounds, establishing itself as a key player in the no-code app development space. The platform empowers users to build full-stack applications without writing a single line of code.
Continue reading to delve into the details of Bubble's funding journey and the investors who believe in the potential of this innovative platform.
What Is Bubble?
Bubble, founded in 2012, is a full-stack no-code app builder that allows users to create applications without any coding knowledge. The company was established by Emmanuel Straschnov and Josh Haas in New York City. Today, Bubble boasts a team of over 100 employees dedicated to making app development accessible to everyone.
How Much Funding Has Bubble Raised?
- Seed Round
- Amount Raised: $6.25 million
- Date: June 19, 2019
- Lead Investors: SignalFire and Neo
- Motivation Behind the Round: To grow the engineering team, expand infrastructure, and spread awareness about Bubble.
- Series A Round
- Amount Raised: $100 million
- Date: July 27, 2021
- Lead Investors: Insight Partners
- Motivation Behind the Round: To bring no-code software development to the mainstream and build a sustainable, long-term business.
Bubble has raised a total of $106.25 million in funding. The most recent valuation is not specified.
Key Investors
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm founded in 1995. They focus on high-growth technology and software companies.
- Investment Focus Areas: Technology, software, internet.
- Notable Investments: Twitter, Shopify, DocuSign.
- SignalFire
- Details: SignalFire is a venture capital firm that leverages data and technology to support early-stage startups. They led Bubble's seed round.
- Investment Focus Areas: Technology, artificial intelligence, healthcare.
- Notable Investments: Grammarly, Ro, ClassDojo.
- Neo
- Details: Neo is a hybrid of a VC fund and a mentorship community, bringing together tech veterans, founders, and CTOs. They participated in Bubble's seed round.
- Investment Focus Areas: Technology, mentorship, early-stage startups.
- Notable Investments: Figma, Notion, Lambda School.
- Betaworks
- Details: Betaworks is an early-stage venture capital firm and startup studio based in New York. They participated in Bubble's Series A round.
- Investment Focus Areas: Internet, technology, media.
- Notable Investments: Giphy, Bitly, Medium.
- BoxGroup
- Details: BoxGroup is a New York-based investment firm that focuses on early-stage technology companies. They were part of Bubble's seed round.
- Investment Focus Areas: Technology, consumer products, healthcare.
- Notable Investments: Not explicitly mentioned.
What's Next for Bubble?
Bubble stands at the cusp of a transformative era in software development. With the no-code movement gaining momentum, the platform is poised to empower millions more to build businesses without needing programming skills. The potential to democratize software creation is vast, aiming for a future where 95% of software is written by non-engineers.
Future fundraising opportunities seem promising, especially given the success of their Series A round. As Bubble scales, additional funding rounds could support further growth and innovation. However, challenges lie ahead, including maintaining cutting-edge technology and competing with other no-code platforms. Balancing rapid growth with sustainable practices will be crucial for long-term success.
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