Fundz

Sachin Dev Duggal Will Use $250 Mn Funding Upgrading Natasha “Ai Product Manager”

PRIVATEJun 15, 2023

Amount Raised

$250 Million

Round Type

Funding Round

SoftwareData And AnalyticsArtificial Intelligence

Description

The AI-powered composable software platform Builder.ai, which was created by serial entrepreneur Sachin Dev Duggal to make it easy and accessible for regular people and enterprises to convert their ideas into software, announced a Series D financial commitment of more than $250 million. With the latest investment, headed by Qatar Investment Authority (QIA), the firm has now raised more than $450 million, increasing its worth by up to 1.8 times. The series D funding led by QIA opens new door of possibilities for Builder.ai that is going to be used, according to Sachin Duggal, for research and the development of its composable app/software platform and Natasha, their “AI Product Manager,” which handles many of the things a human product manager would otherwise do like mapping features to when a customer is talking about their ideas. With the use of the startup's tools, customers should be able to create software with little to no coding experience

Who else raised in Data And Analytics and Software around the same time

Companies in the same sectors as Builder.ai that raised within 45 days of this round, from Fundz verified event records.

  • Cohere raised an undisclosed amount (Funding Round) on July 20, 2023.
  • Celestial AI raised $100M (Funding Round) on June 29, 2023.
  • Blackbird.AI raised $20M (Series B) on June 15, 2023.
  • Inworld AI raised $36M on June 12, 2023.
  • Cohere raised $270M (Series C) on June 8, 2023.
  • Predibase raised $12M (Funding Round) on May 31, 2023.

Who to call at Builder.ai, and when

A new round usually means Builder.ai is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Builder.ai raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Builder.ai, from your own LinkedIn network

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Company Information

Company

Builder.ai

About

We’ve created a new category between low-code and custom software to provide flexible, bespoke apps at the speed and cost of an off-the-shelf product.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Builder.ai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Builder.ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.