# Softr Platforms UG

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/softr-platforms

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.softr.io
- Total disclosed funding: $16M
- Latest round: Series A (Dec 16, 2021)
- Investors on record: 9

## About

Softr Platforms UG provides a no-code app building platform, enabling users to create customized applications effortlessly, catering to diverse business needs across various industries in North America and Europe.Founded in 2019, Softr Platforms UG is based in Berlin, Germany. The company specializes in a no-code app builder that empowers users to develop customized web applications. Co-founded by Artur Mkrtchyan and Mariam Hakobyan, the latter also serves as CEO. Softr raised USD 13.5 mn in Series A funding on December 16, 2021, led by FirstMark Capital, with participation from investors including Discovery Ventures and Remote First Capital. The company has completed a total of 2 deals to date, promoting its growth and expansion.Softr's primary offering is its no-code app builder, designed to empower users to create applications without any programming knowledge. This platform enables businesses to develop customized web applications and portals using various prebuilt blocks that cater to diverse functional needs such as inventory management, CRM systems, employee portals, and client-facing dashboards. Softr's tools integrate seamlessly with over 14 data sources and REST APIs, making it possible for users to leverage existing data from platforms like Airtable, Google Sheets, and SQL databases. This flexibility allows companies to streamline their operations by consolidating data and processes into a single, user-friendly hub. The target clientele includes both small and medium-sized enterprises (SMEs) and larger organizations across various industries, including education, non-profits, and business operations, primarily in North America and Europe.Softr operates on a subscription-based revenue model, where clients pay for access to the platform's various features and capabilities. The company offers multiple pricing plans that enable users to choose a level of service that best fits their needs, including options for individual users and teams. Transactions typically occur through monthly or annual subscriptions, allowing customers to access Softr’s extensive library of templates and features designed to facilitate app development. The platform allows users to create applications that cater to specific workflows, enhancing efficiency while providing a scalable solution as businesses grow. As businesses engage with Softr, they benefit from the ability to deploy applications quickly and easily, fostering long-term relationships built on the value Softr provides through its customizable and user-friendly solutions.In December 2021, Softr Platforms UG raised USD 13.5 mn in Series A funding, which will be utilized to expand data source support and create a template marketplace. The company aims to enhance its platform by increasing integration capabilities and introducing new functionalities. Plans for future growth include expanding into new markets across Europe and North America, focusing on increasing brand visibility and user adoption by the end of 2023.

## Funding rounds

- Series A, Dec 16, 2021, $14M — FirstMark Capital, Atlantic Labs, Tiny Super Computer Investment Company, Reber Capital UG, Prototype Capital, s16VC, Discovery Ventures
- Seed, Dec 4, 2020, $2.2M — Neon Labs, Inc., Atlantic Labs, Tiny Super Computer Investment Company, SCNE, Discovery Ventures

## Investors

- Neon Labs, Inc. — Seed
- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed, Series A
- Tiny Super Computer Investment Company (https://capitalatlas.ai/funds/tiny-super-computer-investment-company) — Seed, Series A
- SCNE — Seed
- Discovery Ventures — Seed, Series A
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series A
- Reber Capital UG — Series A
- Prototype Capital — Series A
- s16VC (https://capitalatlas.ai/funds/s16vc) — Series A