Appsmith
Appsmith is a technology company.
Financial History
Appsmith has raised $49.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Appsmith raised?
Appsmith has raised $49.0M in total across 2 funding rounds.
Appsmith is a technology company.
Appsmith has raised $49.0M across 2 funding rounds.
Appsmith has raised $49.0M in total across 2 funding rounds.
Appsmith has raised $49.0M in total across 2 funding rounds.
Appsmith's investors include Accel, AirAngels, Alt Capital, Amasia, Canaan Partners, Curie.Bio, First Round Capital, General Catalyst, Insight Partners, Mango Capital, Maverick Capital, Not Boring Capital.
Appsmith is an open-source low-code platform that enables developers to rapidly build custom internal applications, such as admin panels, dashboards, and workflow tools, by connecting to databases, APIs, and SaaS services.[1][2][3][5] It serves engineering, IT, and business teams at startups and enterprises, solving the problem of repetitive, time-consuming development of internal tools that drain developer productivity—allowing teams to create robust apps up to 10x faster than traditional frameworks like React or Angular while retaining full code control via JavaScript.[2][3][4][5] With around 100 employees, a Bangalore base, and $51 million raised (including a $41 million Series B in 2022), Appsmith shows strong growth momentum through enterprise adoption, AI integrations, and expansions like workflow automation.[4][5][6]
Appsmith was founded in 2019 by Abhishek Nayak, Arpit Mohan, and Nikhil Nandagopal in Bangalore, India, with a straightforward mission: help engineers avoid the monotony of repeatedly building internal apps like admin panels and dashboards from scratch.[1][2][3][4] The co-founders, experienced developers frustrated by inefficient workflows, launched the platform to empower teams to focus on high-value innovation rather than boilerplate code.[1][3] Early traction came from its open-source model and developer-friendly design, quickly positioning it as a leader in internal tool development amid rising demand for low-code solutions.[3][4]
Appsmith stands out in the low-code space through its developer-first approach, blending speed with transparency and control:
Unlike broader competitors (e.g., Retool, Outsystems), Appsmith prioritizes developer workflows over no-code simplicity, emphasizing transparency under the hood.[4][9]
Appsmith rides the low-code/no-code wave accelerated by developer shortages, AI-driven automation, and the need for rapid internal tooling amid digital transformation.[5][6] Its timing aligns with enterprises modernizing legacy systems and automating processes—e.g., GSK patching 3,500 servers in one sprint or Block speeding customer apps by 50%—capitalizing on market forces like rising SaaS complexity and GitOps adoption.[5] By open-sourcing a lightweight, extensible platform, Appsmith influences the ecosystem as a "builder for builders," reducing seat licenses (e.g., F22 Labs saved $1,200/month) and enabling custom AI apps, thus democratizing enterprise app development beyond proprietary tools.[1][5][6]
Appsmith is poised to expand as the leader in developer-centric low-code, with workflows and AI features unlocking complex, hybrid human-machine automations at enterprise scale.[5][6] Trends like multimodal AI agents, Git-native DevOps, and zero-trust security will propel its growth, potentially closing the gap with funded rivals through community momentum and self-hosted options.[4][5] Its influence may evolve toward orchestrating full business processes, making custom software as routine as SaaS—empowering developers to build without repetition, just as its founders envisioned.[1][2]
Appsmith has raised $49.0M across 2 funding rounds. Most recently, it raised $41.0M Series B in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $41.0M Series B | Accel, AirAngels, Alt Capital, Amasia, Canaan Partners, Curie.Bio, First Round Capital, General Catalyst, Insight Partners, Mango Capital, Maverick Capital, Not Boring Capital, Operator Partners, Outcast Ventures, Redpoint Ventures, Rock Health, Tiger Global Management, TMV, Town Hall Ventures, Adam Blitzer, Akshay Kothari, Allison Pickens (Allison Pickens Ventures), Barr Moses, Christina Cacioppo, Gaetan Japy, Halle Tecco, Max Mullen, Preetha Parthasarathy, Ron Pragides, Scott Belsky, Vivek Garipalli | |
| Oct 1, 2021 | $8.0M Series A | Canaan Partners, Mango Capital, Preetha Parthasarathy |