About Appfarm As
Appfarm As is a Technology company based in Oslo (Norway) founded in 2017 by Marius Tuft, Hans Magnus Wold, Kristian Mella, Simon Larsen, and Ole Johnny Borgersen. Low-code platform for web and mobile app development is offered. Appfarm As has raised $5.77 million across 1 funding round from investors including Idékapital, Arkwright X and Eviny Ventures. The company has 15 employees. Its chief executive, as recorded, is Marius Tuft. Its website appfarm.io draws about 19 thousand monthly visits. Appfarm As offers products and services including No-code Platform and AI Solution Starters. Its focus areas include Enterprise Infrastructure, PaaS, Platform & Dev Tools and Integrated.
Company details
Appfarm AS was founded in 2017 in Oslo, Norway, as a provider of a low-code platform in the software development sector. Web and mobile applications are developed through the platform without traditional coding, utilizing drag-and-drop interfaces and live previews. New app versions are deployed efficiently, with multi-user collaboration supported and integrations enabled for external applications and business data systems.
- Headquarters Oslo, Norway
- Employees 15
- Founders Marius Tuft, Hans Magnus Wold, Kristian Mella, Simon Larsen, Ole Johnny Borgersen
- SectorsTechnology
- Email••••••••
- Website appfarm.io
- Social LinkedIn
- Annual Revenue$2.6 M (USD)99as on Dec 31, 2021
- Net Profit$774.15 K (USD)122as on Dec 31, 2021
- EBITDA$966.93 K (USD)127as on Dec 31, 2021
- Total Equity Funding$5.77M (USD)
in 1 rounds
- Latest Funding Round$5.77M (USD), Seed
Mar 2023
- InvestorsIdékapital
& 2 more
- Employee Count15
Products & Services of Appfarm As
Appfarm As offers a comprehensive portfolio of products and services, including No-code Platform and AI Solution Starters.
Enables building custom enterprise apps without coding quickly.
Integrates AI for automating business processes and workflows.
Funding Insights of Appfarm As
Appfarm As has successfully raised a total of $5.77M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.77 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.77M
- Total Rounds 1
- Last Round Seed — $5.77M
- First Round $5.77M
(Mar 2023)
- Investors Count 3
All 1 funding rounds of Appfarm As with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $5.77M | Seed | – | Idekapital |
3 investors in total: 3 institutional.
Investors in Appfarm As
Appfarm As has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Idékapital, Arkwright X and Eviny Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to Norwegian tech companies. | idek.no | Oslo, Norway | ||
Arkwright X is engaged in early-stage venture capital investments. | arkwrightx.no | Oslo, Norway | ||
| evinyventures.tcc.mode |
Investor details for Appfarm As
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Appfarm As
23 people are tracked at Appfarm As (14 in leadership, 9 in team); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Marius Tuft | Co-Founder & CEO | Leadership |
Hans Magnus Wold | Co-Founder & Chief Revenue Officer | Leadership |
Kristian Mella | Co-Founder & CIO | Leadership |
Simon Larsen | Co-Founder & CPO | Leadership |
Ole Johnny Borgersen | Co-Founder & CTO | Leadership |
Vidar Melstveit | Head Of Sales Enablement | Leadership |
Fie Løvold | Head Of Partner Success | Leadership |
Inge Ketele | Head of Operations | Leadership |
Julie Remen | Head Of Marketing | Leadership |
Aaron Beaton | Head Of Product Marketing | Leadership |
Steinar Lauritzen | CFO | Leadership |
Thomas Hesselberg | Head Of Sales Engineering | Leadership |
Nejra Brcaninovic | Partner Success Manager - Technical Lead | Leadership |
Eirik Klevstad | Head Of Developer Success | Leadership |
Magnus Lauvli Andersen | Account Executive | Team |
Øyvind Håbrekke | Senior Solution Engineer / Product Success Manager | Team |
Shahitha Sothinathan | Senior Solutions Engineer | Team |
Tonje Holm | Senior Solution Engineer | Team |
Ida Nedregård | Solution / Platform Engineer | Team |
Simona Capaul | Senior Solution Engineer | Team |
3 more people are available in the full profile.
Complete people profiles for Appfarm As
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Appfarm As
2 dated milestones of Appfarm As across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Appfarm As is founded.
- Funding First funding round of $5.8M.
Web traffic of Appfarm As
The website of Appfarm As (appfarm.io) receives about 19.4K visits a month.
- Monthly visits19.4K
▲ 19.8% vs previous month
Websites whose visitors overlap most with Appfarm As. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| catenda.com | 100% | 138K | #274,368 | View details | |
decode.agency | decode.agency | 89% | #532,932 | – | |
openit.com | openit.com | 88% | #822,686 | – | |
| mikulskibartosz.name | 87% | #2,401,274 | View details | ||
| lime-technologies.com | 85% | 90.2K | #418,289 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Appfarm As
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Appfarm As
Appfarm As was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Appfarm As is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Marius Tuft is the CEO of Appfarm As, as recorded in our data. They have also founded this company.
Appfarm As is a funded company, having raised a total of $5.77M across 1 funding round to date. The company's 1st funding round was a Seed of $5.77M, raised on Mar 2023.
Appfarm As has 15 employees.
Annual revenue of Appfarm As is $2.6M as on Dec 31, 2021.
Appfarm AS was founded in 2017 in Oslo, Norway, as a provider of a low-code platform in the software development sector. Web and mobile applications are developed through the platform without traditional coding, utilizing drag-and-drop interfaces and live previews. New app versions are deployed efficiently, with multi-user collaboration supported and integrations enabled for external applications and business data systems.
Appfarm As offers No-code Platform and AI Solution Starters.
Appfarm As has 3 investors. Key investors include Idékapital, Arkwright X, and Eviny Ventures.