About Budibase
Budibase is a company based in Belfast (United Kingdom) founded in 2019 by Mike Shanks, Martin Mckeaveney, and Joe Johnston. It operates as a SaaS (Software-as-a-Service), and Freemium. Budibase has raised $7 million across 1 funding round from investors including SignalFire, Angular Ventures and Techstart Ventures. The company has 10 employees as of July 31, 2021. Budibase offers products and services including Budibase Platform, Workflow Automation, and App Templates. Budibase operates in a competitive market with competitors including Odoo, VTEX, OutSystems, DigitalOcean and Heroku, among others.
- Headquarter Belfast, United Kingdom
- Employees 10 as on 31 Jul, 2021
- Founders Mike Shanks, Martin Mckeaveney, Joe Johnston
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Budibase
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Annual Revenue
$46.62 K (USD)17as on Sep 30, 2024
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Net Profit
$-31.7 (USD)-102as on Sep 30, 2024
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EBITDA
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Seed
Sep 07, 2022
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Investors
SignalFire
& 2 more
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Employee Count
10
as on Jul 31, 2021
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Products & Services of Budibase
Budibase offers a comprehensive portfolio of products and services, including Budibase Platform, Workflow Automation, and App Templates. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for building internal tools quickly.
Tools for automating workflows with minimal effort.
Pre-built templates for various business applications.
Unlock access to complete
Funding Insights of Budibase
Budibase has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $7.0M
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First Round
First Round
(07 Sep 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Budibase | Valuation | SignalFire |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Budibase
Budibase has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include SignalFire, Angular Ventures and Techstart Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early-stage startups are funded by SignalFire.
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Founded Year | Domain | Location | |
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Venture capital firm focused on deep tech startups
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Techstart Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Budibase
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Budibase
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Budibase Comparisons
Competitors of Budibase
Budibase 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 Odoo, VTEX, OutSystems, DigitalOcean and Heroku, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Open-source business management software is developed with integrated modules.
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| domain | founded_year | HQ Location |
SaaS-based collaborative commerce solutions are provided for brands and retailers.
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| domain | founded_year | HQ Location |
Low-code platform enables application development and deployment without coding.
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| domain | founded_year | HQ Location |
Cloud based integrated application development platform
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| domain | founded_year | HQ Location |
Saas based provider of integrated platform as a service solutions
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| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Budibase
Frequently Asked Questions about Budibase
When was Budibase founded?
Budibase was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Budibase located?
Budibase is headquartered in Belfast, United Kingdom. It is registered at Belfast, Northern Ireland, United Kingdom.
Who is the current CEO of Budibase?
Mike Shanks is the current CEO of Budibase. They have also founded this company.
Is Budibase a funded company?
Budibase is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Seed of $7M, raised on Sep 07, 2022.
How many employees does Budibase have?
As of Jul 31, 2021, the latest employee count at Budibase is 10.
What is the annual revenue of Budibase?
Annual revenue of Budibase is $46.62K as on Sep 30, 2024.
What does Budibase do?
Budibase is utilized as an open-source workflow platform designed to save time for engineers by enabling the rapid development of internal tools and apps. These tools can integrate with various data sources to streamline processes across sectors like logistics, manufacturing, healthcare, professional services, and IT operations. Solutions offered include management apps, portals, approval flows, forms, and admin panels, all deployable with professional-grade security and scalability features.
Who are the top competitors of Budibase?
Budibase's top competitors include DigitalOcean, VTEX and Heroku.
What products or services does Budibase offer?
Budibase offers Budibase Platform, Workflow Automation, and App Templates.
Who are Budibase's investors?
Budibase has 3 investors. Key investors include SignalFire, Angular Ventures, and Techstart Ventures.