No code

Step forward, citizen developers

Last updated: 23 Jun 2022

Market 101

Gone are the days when you needed to hire developers to get your startup off the ground, or take up IT teams’ precious time to launch new projects. Using “no code tools”, even the non-techies among us can now build websites, spreadsheets, forms and much more through templates, drag and drop or logical sequencing. While this is not exactly a new phenomenon — Excel is in many ways the OG no code tool — there has been a sharp uptick both in supply and demand, with increasingly sophisticated tools emerging to address a persisting shortage of technical talent.

That’s not to say that no code is a cure-all. Whether they’re targeting nontechnical workers (“no code”) or developers themselves (“low code”), no code solutions largely address internal workflows rather than enabling customerfacing applications. To further spur adoption, no code startups need to demonstrate their value in freeing up developers’ time for tasks beyond security and maintenance, and prove that sufficient governance can be built into their products. Beyond the initial hype, they’ve still got a long road ahead of them.

Early stage market map

Early stage market map

Key facts

$14bn

global no code market size1

70

% of new applications that will use low code or no code tech by 2025 (up from <25% in 2020)2

87

% of companies with a skill shortage or expecting one in the near future3

Startups tracked by Sifted

Sifted take

Perhaps unsurprisingly, startups have been the earliest and most fervent adopters of no code solutions to date. But the sector’s biggest opportunity — and challenge — will lie in capturing the not-so-scrappy and experimental enterprise market, where cultural barriers to adoption will likely be much higher.

Rising stars

Passionfroot

Subscriptions & commerce (incl. web3)

Total funding

€3m

Berlin, Germany
2021

Cofounded by a former management consultant, VC and a software developer who’s worked for the likes of Airbnb and Shopify, Passionfroot helps creators keep track of projects, clients and cashflow. Its pre-seed round was led by Creandum.

Round

Pre-seed


Date

2021

Size

€3m

Kinetix

Developer & design tools

Total funding

€11m

Paris, France
2020

Cofounded by two Entrepreneur First (EF) alumni, Kinetix is backed by several angels including Xavier Niel and Voodoo’s Alexandre Yazdi, as well as notable virtual worlds developers. It offers a no code platform to create and upgrade 3D animations.

Round

Seed


Date

2022

Size

€10.5m

Graphy

Low code analytics

Total funding

€9.2m

London, United Kingdom
2019

Backed by the likes of Northzone and Coatue, Graphy provides a collaborative platform for data visualisation used by agencies and publishers.

Round

Seed

Valuation

€36.4m


Date

2019

Size

€7.3m

Early stage startups to watch

Actable AI

London, United Kingdom
2020
Pre-seed

1m

1m

-

Arengu

A Coruña, Spain
2018
Seed

500k

500k

-

Axiom.ai

Berlin, Germany
2018
Seed

-

-

-

Bitskout

Tallinn, Estonia
2020
Pre-seed

500k

500k

-

Blobr

Paris, France
2020
Seed

1.2m

1.2m

-

Bravo Studio

Barcelona, Spain
2019
Angel

3.4m

750k

-

Budibase

Belfast, United Kingdom
2019
Pre-seed

2.1m

1.7m

8.5m

Canaree

London, United Kingdom
2019
Angel

-

600k

-

ClpHub

Tbilisi, Georgia
2019
Pre-seed

60k

60k

1.5m

Complish

France
2020
Seed

730k

730k

-

Contract Mill

Helsinki, Finland
2016
Seed

1m

1m

-

CRANQ Ltd.

London, United Kingdom
2021
Pre-seed

1.3m

1.3m

-

Datrics

Kiev, Ukraine
2019
Seed

1.5m

1m

-

Decipad

London, United Kingdom
2020
Seed

-

4.5m

-

Drafter AI

Riga, Latvia
2019
Pre-seed

40k

40k

-

EqualTo

Berlin, Germany
2020
Seed

4.5m

3.5m

-

Fibery

Nicosia, Cyprus
2017
Seed

2.8m

2.8m

-

Firedrop

Geldermalsen, Netherlands
0
Angel

-

-

-

Flooz

Berlin, Germany
2020
Pre-seed

2.5m

2.5m

-

Graphy

London, United Kingdom
2019
Seed

9.2m

7.3m

36.4m

Heyflow

Hamburg, Germany
2020
Seed

6m

5.3m

-

Hunit Ltd

London, United Kingdom
2018
Seed

1.3m

780k

8.5m

Involve.me

Vienna, Austria
2018
Seed

-

150k

-

Kertos

Munich, Germany
2021
Pre-seed

1m

1m

5m

Kinetix

Paris, France
2020
Seed

11m

10.5m

-

Kleap

Renens, Switzerland
2021
Angel

200k

500k

-

Levity

Berlin, Germany
2018
Seed

1.6m

1.6m

-

Microweber

Sofia, Bulgaria
2012
Angel

1m

1m

100m

Noodl

Malmo, Sweden
2020
Pre-seed

1.5m

1.5m

10m

Nuclicore

Frankfurt, Germany
2021
Bootstrapped

-

-

-

Opvia

Westminster, United Kingdom
2019
Seed

150k

150k

-

Phantombuster

Paris, France
2016
Seed

670k

600k

-

Polar Analytics

Paris, France
2020
Pre-seed

1.6m

1.2m

-

Purchasely

Paris, France
2020
Seed

1.8m

1.8m

8.8m

Radius Analytics

London, United Kingdom
2018
Bootstrapped

950k

210k

-

Sheetgo

Valencia, Spain
2016
Seed

1.5m

1m

9m

Silico

London, United Kingdom
2019
Seed

5.2m

4.1m

20.4m

Superdocu

Paris, France
2020
Bootstrapped

-

-

-

Tally

Ghent, Belgium
2020
Bootstrapped

-

-

-

Tocabot

United Kingdom
2018
Seed

4.1m

2.4m

-

Vespucci

Brussels, Belgium
2021
Pre-seed

800k

800k

-

WeWeb

Paris, France
2018
Seed

-

1.8m

-

WhenThen

Dublin, Ireland
2021
Seed

5m

5m

-

Zaptic

Manchester, United Kingdom
2015
Seed

7m

4m

20m

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