# Servoy

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

- Industry: Internet
- Headquarters: Amersfoort, Netherlands
- Website: www.servoy.com
- Latest round: Series A (Jan 8, 2006)
- Investors on record: 1

## About

Servoy is a software company specializing in low-code application development platforms, enabling enterprises to create, deploy, and manage applications efficiently across various systems and databases.Servoy provides a low-code application development platform that allows enterprises to build and manage sophisticated applications. The company is headquartered in Amersfoort, Netherlands. Ron Burg serves as the CEO. In January 2006, Servoy raised an undisclosed amount in a Series A funding round from Newion Investments, marking a significant milestone in their business operations.Servoy primarily offers a powerful low-code application development platform designed to enable enterprises to build, deploy, and manage sophisticated applications without the constraints typically associated with traditional software development. The platform empowers users to create applications that seamlessly integrate with various databases and systems, thus addressing a wide range of business needs from enterprise resource planning (ERP) systems to customer relationship management (CRM) tools. By leveraging Servoy's integrated scripting engine, clients can implement complex business logic and automate processes, enhancing productivity and operational efficiency. The primary clientele includes businesses seeking to modernize legacy systems, develop new software solutions, and enhance their operational capabilities through web, mobile, and SaaS applications. Servoy's products are utilized across various industries, with strong demand in North America, Europe, and Asia-Pacific markets, where organizations prioritize digital transformation and agile software development.Servoy operates on a subscription-based revenue model, where clients pay for access to the platform and associated services. Typically, these transactions occur in a B2B environment, where companies partner with Servoy to develop customized applications tailored to their specific operational needs. The pricing structure is designed to accommodate various client requirements, offering different tiers based on the level of service and functionality required. Flagship services include the core low-code platform, which facilitates rapid application development and deployment, and ongoing support through dedicated Servoy-certified developers. This model enables businesses to invest in their application development capabilities without the need for extensive in-house resources, thereby driving a consistent revenue stream for Servoy as clients expand their use of the platform.Servoy plans to enhance its platform by launching new features focused on integration capabilities and user experience, with anticipated releases in 2024. The company aims to expand its presence in the Asia-Pacific and North American markets by 2025, targeting increasing demand for digital transformation solutions. The funding from the Series A round in January 2006 will be strategically allocated to support these product enhancements and market expansions.

## Funding rounds

- Series A, Jan 8, 2006 — Newion Investments

## Investors

- Newion Investments (https://capitalatlas.ai/funds/newion-investments) — Series A