About Appsmith
Appsmith is a company based in Bengaluru (India) founded in 2019 by Nikhil Nandagopal, Arpit Mohan, and Abhishek Nayak. Appsmith has raised $49 million across 2 funding rounds from investors including Bessemer Venture Partners, Accel and Canaan. The company has 89 employees as of April 03, 2024. Appsmith offers products and services including Appsmith Platform and AI Agents. Appsmith operates in a competitive market with competitors including Airtable, Retool, Kissflow, DronaHQ and Stacker, among others.
- Headquarter Bengaluru, India
- Employees 89 as on 03 Apr, 2024
- Founders Nikhil Nandagopal, Arpit Mohan, Abhishek Nayak
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Appsmith Software Private Limited
- Date of Incorporation 03 Sep, 2019
- Jurisdiction Challaghatta, Karnataka, India
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Annual Revenue
$4.64 M (USD)145.03as on Mar 31, 2023
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Net Profit
$316.99 K (USD)77.48as on Mar 31, 2023
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EBITDA
$498.32 K (USD)75.87as on Mar 31, 2023
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Total Equity Funding
$49 M (USD)
in 2 rounds
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Latest Funding Round
$41 M (USD), Series B
Jun 22, 2022
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Investors
Bessemer Venture Partners
& 7 more
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Employee Count
89
as on Apr 03, 2024
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Products & Services of Appsmith
Appsmith offers a comprehensive portfolio of products and services, including Appsmith Platform and AI Agents.
Tool for building custom apps with AI and database integrations.
Features for creating and deploying secure AI-powered agents for enterprises.
People of Appsmith
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Funding Insights of Appsmith
Appsmith has successfully raised a total of $49M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $41 million completed in June 2022. 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.
Investors in Appsmith
Appsmith has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Accel and Canaan.
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Investment firm scaling software and technology companies from early to late stages.
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Accel is recognized as a leading venture capital firm.
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Canaan is recognized as an early-stage venture capital firm.
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Investor details for Appsmith
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Investments & Acquisitions by Appsmith
Investment portfolio details for Appsmith
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Financial Statements - Appsmith
Detailed financials for Appsmith
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Appsmith Comparisons
Peer comparison for Appsmith
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Competitors of Appsmith
Appsmith operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airtable, Retool, Kissflow, DronaHQ and Stacker, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud and AI based low code workflow and app development platform
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Development of internal tools is enabled by a low-code platform.
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Cloud-based low-code platform enables enterprise application building.
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Internal tools are developed via a cloud-based low-code platform.
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Online platform to convert spreadsheet data to enterprise applications
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Detailed competitors of Appsmith
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Latest news on Appsmith
Complete news archive for Appsmith
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Frequently Asked Questions about Appsmith
Appsmith was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Appsmith is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Abhishek Nayak is the current CEO of Appsmith. They have also founded this company.
Appsmith is a funded company, having raised a total of $49M across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Appsmith is 89.
Annual revenue of Appsmith is $4.64M as on Mar 31, 2023.
Appsmith was founded in 2019 in Bengaluru, India, as a developer of an open-source low-code application platform. Custom applications are enabled through broad data source connectivity, drag-and-drop UI construction, and full JavaScript customization. Git integration supports CICD processes for version control and deployments. Enterprise security is ensured via SAML and OIDC SSO, role-based access controls, and SCIM user provisioning. Self-hosting capabilities are offered for greater control.
Appsmith offers Appsmith Platform and AI Agents.
Appsmith has 8 investors. Key investors include Bessemer Venture Partners, Accel, Canaan, Insight Partners, and OSS Capital.