The funding round was led by GV and will be used to expand the company assurance platform and launch insurance products.
"At a time of ongoing uncertainty, our goal is to provide confidence in a sector notorious for struggling to stick to deadlines or budgets. By using some of the most powerful machine learning capabilities in the world to analyse what worked and what didn’t in past projects, we can help our customers work out what’s going to derail their own initiatives, and stop problems happening before they even appear."
Accel led the Series B round with participation from GV, Salesforce Ventures, and existing investors.
"Over the past few years, we’ve seen the low-code revolution sweep multiple industries but in financial markets, legacy vendors and generalist low-code providers still dominate. Many firms are missing out on the benefits of low-code programming – agility, value and flexibility – at a time in which they’ve never needed it more. We knew there had to be a better way to build software in financial markets and enterprises more broadly. Our low-code application platform is a game changer, democratising product design and helping firms deliver digital innovation quicker and with less code. We are excited to have Accel on board who has a long track record in supporting category-leading companies in low-code and enterprise automation."
The financing round was co-led by Accel and Tiger Global to support the company's global expansion.
"This latest investment allows us to accelerate our growth at every level – doubling down on our successful product led growth strategy, adding to our customer roster, recruiting talent to our team worldwide and expanding geographically."
