Appsmith

Appsmith

The first open-source low code tool that helps developers build dashboards and admin panels very quickly.

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DateInvestorsAmountRound
-investor

€0.0

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€0.0

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investor investor investor investor investor

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$41.0m

Series B
Total Funding000k

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-314 %111 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about Appsmith
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Appsmith, founded in 2019 by Abhishek Nayak, Arpit Mohan, and Nikhil Nandagopal, provides an open-source, low-code platform designed for developers to build custom internal applications. The company's inception was driven by the founders' own experiences as engineers, repeatedly building tedious admin panels and internal tools from scratch. Co-founder and CTO Arpit Mohan, a backend engineer with extensive startup experience, conceived the initial idea to build user interfaces faster than with traditional HTML/CSS, but with more flexibility than existing admin frameworks. This idea resonated with CEO Abhishek Nayak and CPO Nikhil Nandagopal, both of whom are serial entrepreneurs with backgrounds in product management and engineering, leading to their third venture together.

The platform targets a developer-centric audience, offering a distinct alternative to traditional low-code/no-code tools aimed at non-technical users. Appsmith empowers engineering teams in mid-to-large enterprises to create a wide array of internal applications, including dashboards, database GUIs, admin panels, CRUD apps, and customer support tools. Its core functionality allows users to build user interfaces with a drag-and-drop system of pre-built widgets, connect to various data sources like databases (e.g., PostgreSQL, MongoDB) and APIs (REST, GraphQL), and write business logic using JavaScript directly within the platform. A key differentiator is its open-source nature, allowing for self-hosting on private servers or cloud environments, which provides greater control, security, and the ability to audit the code. The platform also integrates with Git for version control, facilitating collaborative development and CI/CD processes.

Appsmith operates on an open-core business model. A robust, free Community Edition is available, while revenue is generated through paid tiers—Business and Enterprise—which offer advanced features. These paid plans include features such as unlimited users, custom branding, granular role-based access controls, audit logs, SAML/OIDC SSO, and dedicated support. The company has successfully raised a total of over $49 million in funding through Series A and B rounds, with lead investors including Insight Partners, Accel, and Canaan Partners, to fuel its growth and platform development.

Keywords: open source, low-code, internal tools, developer tools, application development, admin panels, dashboards, database GUI, JavaScript, self-hosted

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