# Amplication

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/amplication

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.amplication.com
- Total disclosed funding: $6.6M
- Latest round: Seed (Feb 9, 2022)
- Investors on record: 6

## About

Based in Tel Aviv, Israel, and founded in 2020 by CEO Yuval Hazaz, Amplication LTD operates as a developer of an open-source app development kit that helps individuals to develop node.js applications. In February 2022, Amplication LTD raised USD 6.6 million in seed funding co-led by Norwest Venture Partners and Vertex Ventures Israel, with participation from BridgeCrew, Inc., Entree Capital, Epsagon Ltd., and Velocity Ventures.

Amplication LTD provides an open-source application development platform that offers a role-based authorization mechanism, which allows clients to create roles needed, as well as a production-ready, self-documenting GraphQL API for all data models.

The company generates revenue through subscription of its product packages, which include pro (USD 40 per month), business (USD 199 per month), and enterprise. 

The company plans to use its proceeds from February 2022 funding to expand its open-source community, introduce an enterprise version of the platform, and support product development.

## Funding rounds

- Seed, Feb 9, 2022, $6.6M — Vertex Ventures Israel, Norwest Venture Partners, Entree Capital, Epsagon Ltd., BridgeCrew, Inc., Velocity Ventures

## Investors

- Vertex Ventures Israel (https://capitalatlas.ai/funds/vertex-ventures-israel) — Seed
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Seed
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Seed
- Epsagon Ltd. — Seed
- BridgeCrew, Inc. — Seed
- Velocity Ventures (https://capitalatlas.ai/funds/velocity-ventures) — Seed