About Draftbit
Draftbit is a company based in Chicago (United States) founded in 2017. It operates as a SaaS (Software-as-a-Service) and Professional Services. Draftbit has raised $150 thousand across 1 funding round from investors including Y Combinator. Draftbit offers products and services including Draftbit App Builder. Draftbit operates in a competitive market with competitors including Odoo, Progress, Kony, OutSystems and DigitalOcean, among others.
- Headquarter Chicago, United States
- SectorsTechnology
- Email••••••••
- Website draftbit.com
- Social LinkedIn X Facebook
- Legal Name Draftbit, Inc.
- Total Equity Funding$150K (USD)
in 1 rounds
- Latest Funding Round$150K (USD), Seed
Aug 2019
- Investors
Products & Services of Draftbit
Draftbit offers a comprehensive portfolio of products and services, including Draftbit App Builder.
A platform for building mobile apps visually.
Funding Insights of Draftbit
Draftbit has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in August 2019. 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 $150,000
- Total Rounds 1
- Last Round Seed — $150,000
- First Round $150,000
(Aug 2019)
- Investors Count 1
All 1 funding rounds of Draftbit 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 |
|---|---|---|---|---|---|
| Aug 2019 | $150,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Draftbit
Draftbit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for Draftbit
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 Draftbit
2 people are tracked at Draftbit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Brian Luerssen | CEO | Leadership |
Allen Nelson | Head, Engineering | Leadership |
Complete people profiles for Draftbit
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 Draftbit
2 dated milestones of Draftbit across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Draftbit is founded.
- Funding First funding round of $150K.
Competitors of Draftbit
Draftbit 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, Progress, Kony, OutSystems and DigitalOcean, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| odoo.com | 2005 | Louvain-la-neuve, Belgium | $482.62M | 1 | Open-source business management software is developed with integrated modules. | |
| progress.com | 1981 | Bedford, United States | – | 450 | IDE-based software is provided for application development and management. | |
| kony.com | 2007 | Austin, United States | $107.67M | 222 | Cloud-based platform for field operations and digital banking is provided. | |
| outsystems.com | 2001 | Linda A Velha, Portugal | $802.95M | – | Low-code platform enables application development and deployment without coding. | |
| digitalocean.com | 2011 | New York, United States | $173.73M | 591 | Cloud based integrated application development platform | |
| skytap.com | 2006 | Seattle, United States | $127.51M | 138 | Cloud-based environments are delivered for application development and testing. | |
| carto.com | 2012 | New York, United States | $123M | – | Cloud based integrated solutons for software development | |
| skuid.com | 2013 | Chattanooga, United States | $29M | 114 | Codeless platform for application development and data integration is provided. | |
| platform.sh | 2010 | Paris, France | $187.3M | – | Continuous deployment platform for cloud-based web applications is provided. | |
| temporal.io | 2019 | Seattle, United States | $349.5M | 51 | Integrated platform for cloud application development and orchestration is provided. |
Detailed competitors of Draftbit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Draftbit
The website of Draftbit (draftbit.com) receives about 137.6K visits a month.
- Monthly visits137.6K
▲ 37.5% vs previous month
Websites whose visitors overlap most with Draftbit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flutterflow.io | 100% | 1.5M | #19,579 | View details | |
| quickbase.com | 94% | 3.1M | #11,338 | View details | |
| hivebrite.io | 89% | 27.9K | #1,130,059 | View details | |
| techslang.com | 89% | – | #984,208 | View details | |
themindstudios.com | themindstudios.com | 89% | – | #883,382 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Draftbit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Draftbit
10 companies that operate in the same segment as Draftbit (PaaS & SaaS Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 586.72 M | USD 2.46 B | 5,560 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 202.25 M | – | – | |
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 1,210 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | – | |
AI-powered database service is provided for enterprise data management. | 2009 | Mountain View, California, United States | USD 251 M | USD 209.47 M | 792 | |
Cloud based database platform for enterprises | 2010 | Santa Clara, California, United States | USD 305 M | – | 422 | |
Saas based provider of integrated platform as a service solutions | 2007 | San Francisco, California, United States | USD 17 M | – | – | |
Cloud based open-source application backend development platform | 2020 | Singapore, Singapore | USD 1.15 B | – | – | |
Open-source business management software is developed with integrated modules. | 2005 | Louvain-la-neuve, Walloon Brabant, Belgium | USD 482.62 M | – | – |
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Frequently Asked Questions about Draftbit
Draftbit was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Draftbit is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Draftbit is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Aug 2019.
Draftbit is established as a leading platform for mobile app development, enabling teams to visually design, build, and launch native mobile apps efficiently. The platform is utilized across various sectors for its no-code and low-code capabilities, offering solutions like AI assistance, expert support, and full code export. Apps are developed with seamless integrations, responsive design, and app store publishing support, catering to startups and businesses aiming for rapid deployment.
Draftbit's top competitors include DigitalOcean, Odoo and OutSystems.
Draftbit offers Draftbit App Builder.
Draftbit has 1 investor. Key investors include Y Combinator.
Draftbit operates through Draftbit, Inc..
The website of Draftbit receives about 138 thousand visits a month.