Latest round

Series A

Last raised

Apr 2016

Total raised

$12M

Investors

5

About Ionic

Founded in 2012 in Madison, US, Ionic enables enterprises to build scalable applications. The company was co-founded by Ben Sperry, Erick Pastor, and Max Lynch, with Max Lynch currently serving as the CEO. In November 2022, Ionic was acquired by OutSystems, with terms of the deal undisclosed.Ionic offers a comprehensive enterprise app development platform that includes a cross-platform mobile SDK, mobile CI/CD solutions, and micro frontend capabilities. Their core product offerings enable businesses to build, secure, and deliver modern applications efficiently across multiple platforms, including iOS, Android, and the Web. The platform focuses on enhancing developer productivity by allowing them to write code once and deploy it anywhere, catering to the increasing demand for mobile applications across various industries. Customers include major enterprises such as Burger King and H&R Block, which utilize Ionic to accelerate development timelines and improve operational agility.Ionic generates revenue primarily through subscription-based models and partnerships with enterprise clients. The pricing structure accommodates varying needs, offering different levels of access to Ionic's platform and services. This subscription model facilitates ongoing revenue as clients engage consistently with the platform to access updates and new features. The company is also looking to expand its presence in new markets, particularly targeting Europe and Asia-Pacific, to meet the growing demand for mobile solutions. Ionic is focused on launching new products designed to improve app development processes, although specific release dates have not been publicly disclosed.

Who invested in Ionic

5 investors across 4 rounds

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Funding rounds

  1. Series A

    Apr 28, 2016

    Amount

    $8.5M

    Investors

    Locked

  2. Seed

    Mar 30, 2015

    Amount

    $2.6M

    Investors

    Locked

  3. Seed

    Mar 10, 2014

    Amount

    $1M

    Investors

    Locked

  4. Seed

    Jan 1, 2013

    Amount

    $0.1M

    Investors

    Locked

Questions about Ionic

Who invested in Ionic?

Ionic has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ionic raised?

Ionic has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Ionic last raise money?

Ionic's most recent round on record is a Series A, in Apr 2016.

What does Ionic do?

Founded in 2012 in Madison, US, Ionic enables enterprises to build scalable applications.

Where is Ionic headquartered?

Ionic is headquartered in Madison, US.

Which VCs invest in companies like Ionic?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Ionic's stage. Their profiles are linked below.

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