The Iranian founding team's journey, from developing data mining tools to building Formaloo, showcases their resourcefulness and determination. Now, armed with a €2 million seed funding round led by Change Ventures, Formaloo is set to expand its user base and enhance its presence in global markets. Let's dive into the story of this remarkable no-code platform.
Formaloo's platform offers seamless integrations and user-friendly interfaces, allowing users to effortlessly create databases and apps by simply dragging and dropping building blocks. Their community of citizen developers, consisting of over 25,000 active users, actively contributes to the platform's growth and evolution. Impressive client names, including Bolt, Meta, and McDonald's, testify to Formaloo's impact.
The start-up has already facilitated the creation of over 650,000 databases and business apps, serving clients across the United States, Germany, France, India, Australia, and South-East Asia. Now, with the fresh funding, Formaloo aims to amplify its marketing efforts in existing markets and expand its reach to the United Kingdom and Canada.
With a bright future ahead, Formaloo is poised to empower more professional teams and revolutionize the way businesses build apps. Stay tuned for their next breakthroughs in the rapidly growing no-code space.