How Much Did Appsmith Raise?
Funding & Key Investors

Appsmith, a prominent player in the low-code development sector, has successfully secured significant capital to accelerate its market expansion. The company has reached a cumulative valuation milestone represented by $10.5M, with its most recent financing round contributing $0 to its balance sheet. This influx of investment underscores the growing demand for developer-centric tools that streamline the creation of internal business applications. By leveraging an open-source model, Appsmith has positioned itself as a critical infrastructure provider for engineering teams looking to reduce technical debt and improve operational efficiency.

What is Appsmith?

Appsmith
SoftwareEngineering Software

Founded in 2019, Appsmith provides a robust low-code framework designed specifically for backend engineers. The platform enables organizations to build, deploy, and manage internal web applications with unprecedented speed. By abstracting complex UI development and database integration, Appsmith allows technical teams to focus on core business logic rather than repetitive frontend tasks. Its open-source architecture has fostered a vibrant community, ensuring that the software remains adaptable to diverse enterprise requirements while maintaining high standards of security and scalability. The company currently serves as a vital bridge between raw data sources and actionable internal dashboards.

How much funding has Appsmith raised?

Appsmith has raised a total of $10.5M across 2 funding rounds:

2021

Angel/Seed

$2.5M

Series A

$8M

Angel/Seed (2021): $2.5M with participation from Accel North America

Series A (2021): $8M led by Canaan Partners

Key Investors in Appsmith

Accel North America

Accel North America is an IT services firm focused on delivering strategic technology solutions, including IoT, managed services, and enterprise software integration.

Canaan Partners

Canaan Partners is a venture capital and private equity firm that specializes in supporting early-stage and growth-stage technology companies.

What's next for Appsmith?

With the support of major institutional backers, Appsmith is poised to transition into a more mature phase of enterprise-level scaling. The strategic roadmap likely involves deepening its integration ecosystem, enhancing enterprise-grade security features, and expanding its footprint in the global developer tools market. As the demand for rapid digital transformation continues to rise, Appsmith is well-positioned to capture additional market share by empowering organizations to build custom software solutions without the overhead of traditional development cycles. Future growth will likely focus on optimizing the developer experience and solidifying its role as a standard-bearer in the low-code landscape.

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Frequently Asked Questions Regarding Appsmith Financial Insights

What are the most recent funding rounds that Appsmith has completed, and what were the funding rounds?
Appsmith has recently completed 2 funding rounds: Angel/Seed on Oct 5, 2021, Series A on Oct 5, 2021.
What is the total amount of funding Appsmith has raised to date?
Appsmith has raised a total of $10.5M in funding to date.
How many funding rounds has Appsmith completed?
Appsmith has completed 2 funding rounds.
How much funding did Appsmith raise in its most recent funding round?
Appsmith raised $2.5M in its most recent funding round.
Who are the lead investors in Appsmith's latest funding round?
The lead investor in Appsmith's latest funding round was Accel North America. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Appsmith's history?
The largest funding round in Appsmith's history was $8M.
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