Since the pandemic, the low-code and no-code tools sectors have seen steady growth due to their effectiveness in addressing complex business challenges - particularly the need to digitise workflows, automate processes and improve business efficiencies. According to Gartner, 70% of new applications developed by organisations will use low code or no-code technologies by 2025.
Betting big on the segment, the Dutch startup Baserow has raised €5 million in its seed round to launch its paid premium and enterprise versions in Q3 2022 and build open-source, all-in-one, no-code toolchain.
The seed round was led by Amsterdam-based early-stage investor Inkef. firstminute capital, Seedcamp and Frontline and angel investors such as Job van der Voort from Remote, Martin Henk from Pipedrive and Shannon Williams from Rancher Labs also participated.
Founded in 2021, the platform offers customers the choice of SaaS or self-hosting solutions, freeing users from vendor lock-in. It also allows users to customise the platform with personalised plug-ins and gives customers complete freedom to own and manage the applications they develop.
According to the company, it witnessed over a thousand sign-ups in June. It has secured hundreds of sign-ups for its Premium version, which is due to go live in July 2022.
Bram Wiepjes, co-founder and CEO of Baserow said: “As we launch our commercial offering, we will focus on the needs of our users who want to leverage our platform to manage their business-critical processes, but are limited by data governance, scalability and security constraints that make existing SaaS only tools difficult to adopt.”
“Baserow has found that businesses in the private and public sector space want to leverage no-code tools to create applications, manage data and automate processes for greater productivity, improve citizen services, drive faster time to market metrics and lower costs,” added Olivier Maes, co-founder and CRO of Baserow.
“No-code adoption in the enterprise is really still in its infancy with predominantly point solutions and no real winners yet,” Frank Lansink, partner at Inkef concluded.
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