
Adalo
No-code software for app creation.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
$8.0m | Series A | ||
Total Funding | 000k |
USD | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 500 % | 147 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Adalo, established in 2018 by co-founders David Adkin, Ben Haefele, and Jeremy Blalock, offers a platform that empowers individuals and businesses to create native mobile and web applications without writing a single line of code. The company emerged from the realization that while many possess brilliant app ideas, the technical expertise required to bring them to fruition presents a significant barrier. Adkin, with a background as a product designer and entrepreneur, experienced this frustration firsthand, which became a driving force behind Adalo's creation.
The platform operates on a no-code development model, providing a drag-and-drop interface where users can assemble their applications from pre-built components or design their own. This approach significantly reduces the development time and cost typically associated with custom app creation, targeting a diverse clientele ranging from non-technical founders and entrepreneurs to marketing teams and agencies looking to build functional prototypes or full-fledged applications. Adalo's business model is structured around a freemium and subscription-based service, offering different tiers of pricing that provide varying levels of features, app actions, and data storage to accommodate different user needs.
Functionally, Adalo enables the creation of applications with complex features such as user authentication, database collections, and integrations with external services through APIs. Users can design the front-end user interface and manage the back-end database and logic entirely within the platform. A key differentiator is its ability to publish apps directly to the Apple App Store and Google Play Store, providing a comprehensive solution from concept to launch. The platform's flexibility allows for the development of a wide array of applications, including internal business tools, online marketplaces, and social networking apps.
Keywords: no-code platform, app development, mobile applications, web applications, drag-and-drop builder, software as a service, application publishing, database management, API integration, visual programming