AppGyver

AppGyver

Provides innovative tools for quick and powerful app development.

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DateInvestorsAmountRound
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Acquisition
Total Funding000k

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Revenues, earnings & profits over time
EUR20202021202220232024
Revenues00000000000000000000
% growth-(56 %)(41 %)195 %170 %
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(204 %)(1054 %)(3391 %)(1053 %)(405 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about AppGyver
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Founded in Helsinki, Finland, in 2010 by Marko Lehtimäki and Henri Vahakainu, AppGyver emerged as a key player in the no-code development space. The founders, leveraging their deep technical skills in mobile app development, aimed to create a top-tier platform accessible to users without coding experience. A significant milestone was the 2021 acquisition by enterprise software giant SAP, which integrated AppGyver into its Business Technology Platform to bolster its no-code capabilities. Following the acquisition, AppGyver's core product has evolved into SAP Build Apps.

AppGyver provides a visual development platform that allows businesses and individual creators to build sophisticated, enterprise-grade applications for web and mobile without writing code. The platform serves a wide range of clients, from individual developers and small businesses to large enterprises like DHL. Its business model shifted after the SAP acquisition; what was once a tiered pricing structure became largely free for a comprehensive community edition, while the enterprise-focused SAP Build Apps is offered through SAP's commercial channels. This strategic move made powerful development tools accessible to a broader audience.

The core product, formerly known as Composer Pro and now integrated into SAP Build Apps, is a drag-and-drop tool for building cross-platform applications using React and React Native. Its features include a visual interface for designing user experiences and complex business logic, a vast library of pre-built components, and powerful REST API integration capabilities for connecting to any third-party backend. This allows for the creation of pixel-perfect, highly customized applications with native performance that can be deployed across iOS, Android, and web browsers from a single project. The platform is designed for scalability, enabling the development of applications that can grow with a business's needs.

Keywords: no-code development, low-code platform, visual programming, SAP Build Apps, mobile app development, web application builder, cross-platform apps, enterprise applications, drag-and-drop editor, API integration, business process automation, citizen developer, SAP Business Technology Platform, Marko Lehtimäki, Henri Vahakainu, React Native, UI/UX design, application logic, data integration, workflow automation, digital transformation, rapid application development

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Investments by AppGyver

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AppArchitect
ACQUISITION by AppGyver Dec 2014