Builder.ai raises $250m in Series D funding
ECONOMY & POLICY

Builder.ai raises $250m in Series D funding

Builder.ai, an artificial intelligence (AI)-powered composable software firm, has raised $250m in a Series D funding round. The round was led by Qatar Investment Authority (QIA) and included participation from existing investors Iconiq Capital, Jungle Ventures and Insight Partners.

The funding will be used to fuel the company's growth and innovation, including the development of new AI-powered tools and features. Builder.ai will also use the funds to expand its team and open new offices around the world.

"We are excited to partner with QIA and our other investors to accelerate our growth and mission to empower everyone to build software," said Sachin Dev Duggal, CEO and founder of Builder.ai. "This funding will allow us to continue to invest in our AI-powered platform and make it even easier for businesses to build the software they need to succeed."

Builder.ai's AI-powered platform allows businesses to build software without the need for coding expertise. The platform uses AI to automate tasks such as design, development and testing, which can significantly reduce the time and cost of software development.

The company has seen strong growth in recent years, with revenue growing by 2.3x in the last year. Builder.ai has also expanded its customer base to include businesses of all sizes, from startups to Fortune 500 companies.

"We are confident that Builder.ai is well-positioned for continued growth," said Ahmed Ali Al-Hammadi, CIO for Europe, Türkiye and Russia at QIA. "The company's AI-powered platform has the potential to revolutionize the way software is built, and we are excited to support its growth."

Builder.ai was founded in 2016 and is headquartered in London. The company has offices in the US, UAE, Singapore and France.

Also Read
Noida Metro to Connect Sector 52 with Greater Noida Extension
Raja Bhoj Airport Implements Sustainable Waste Management

Builder.ai, an artificial intelligence (AI)-powered composable software firm, has raised $250m in a Series D funding round. The round was led by Qatar Investment Authority (QIA) and included participation from existing investors Iconiq Capital, Jungle Ventures and Insight Partners. The funding will be used to fuel the company's growth and innovation, including the development of new AI-powered tools and features. Builder.ai will also use the funds to expand its team and open new offices around the world. We are excited to partner with QIA and our other investors to accelerate our growth and mission to empower everyone to build software, said Sachin Dev Duggal, CEO and founder of Builder.ai. This funding will allow us to continue to invest in our AI-powered platform and make it even easier for businesses to build the software they need to succeed. Builder.ai's AI-powered platform allows businesses to build software without the need for coding expertise. The platform uses AI to automate tasks such as design, development and testing, which can significantly reduce the time and cost of software development. The company has seen strong growth in recent years, with revenue growing by 2.3x in the last year. Builder.ai has also expanded its customer base to include businesses of all sizes, from startups to Fortune 500 companies. We are confident that Builder.ai is well-positioned for continued growth, said Ahmed Ali Al-Hammadi, CIO for Europe, Türkiye and Russia at QIA. The company's AI-powered platform has the potential to revolutionize the way software is built, and we are excited to support its growth. Builder.ai was founded in 2016 and is headquartered in London. The company has offices in the US, UAE, Singapore and France. Also Read Noida Metro to Connect Sector 52 with Greater Noida Extension Raja Bhoj Airport Implements Sustainable Waste Management

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?