Builder.ai, a London-based AI-powered software platform developed by entrepreneur Sachin Dev Duggal, has successfully raised over $250 million in a series D fundraising round led by the Qatar Investment Authority (QIA). With the latest funds, the company’s total amount raised has reached over $450 million since its initial fundraise in 2018 and has increased its valuation to 1.8 times what it was when it raised $100 million in series C in March 2022. Builder.ai’s platform provides a low-code no-code solution, enabling users to construct software using artificial intelligence technology, making it accessible to non-programmers. Builder.ai’s staff has almost quadrupled since January 2022, and the company has expanded four new offices around the world, which includes the US, the UAE, Singapore, and France. With Builder.ai’s creative pipeline and its success, it is expected to bring significant growth and change the software development sector.
QIA Leads $250 Million Series D Funding Round for Sachin Dev Duggal’s Unicorn Startup
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