Locofy
Provides a service that converts designs into code.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
* | $4.3m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Locofy.ai, founded by Honey Mittal and Sohaib Muhammad, is a Singapore-based technology company that is accelerating the front-end development process. The company has developed a platform that uses artificial intelligence to convert designs from popular tools like Figma and Adobe XD into production-ready code for a variety of frameworks, including React, React Native, HTML-CSS, Flutter, Next.js, and more.
The company's solution is aimed at helping engineering and design teams launch their products significantly faster, with a claimed 5-10x increase in speed. By automating a large portion of the front-end coding workflow, Locofy.ai allows developers to focus on more complex tasks and business logic, rather than on the manual and often tedious process of translating designs into code.
The business model is centered around its low-code platform, which is offered as a service to software developers and designers. The company has shown significant traction in the market, having raised $7.3 million in funding over two rounds from a pool of 11 investors. This includes a notable seed round of $4.25 million, which will be used to further develop the platform and expand its capabilities.
Keywords: front-end development, design to code, low-code platform, AI development, developer tools, UI/UX, React, React Native, Figma, Adobe XD