# SolveBot

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

- Industry: Software
- Headquarters: Seattle, US
- Website: www.appsheet.com
- Total disclosed funding: $17M
- Latest round: Series A (Apr 25, 2019)
- Investors on record: 2

## About

SolveBot, Inc. is a technology company that provides a robust no-code application development platform through Google AppSheet, enabling users to efficiently create custom applications tailored to their business needs without coding expertise.Founded in 2012 in Seattle, US, SolveBot, Inc. specializes in application development solutions. In January 2020, the company was acquired by Google Inc. for an undisclosed amount. The company was founded by Brian Sabino, known for his contributions to technology startups. The firm has conducted a total of 5 investment deals, with its most recent funding round being Series A, where it raised USD 15.00 mn led by Shasta Ventures and included investors such as New Enterprise Associates.Google AppSheet is a no-code application development platform that allows users to create powerful applications and automations effortlessly. Its offerings include a user-friendly app-building interface tailored to various business needs, including project management and HR. The platform utilizes AI through Gemini to enhance the app creation process and integrates seamlessly with cloud data providers like Google Drive and Salesforce, serving a diverse clientele across North America, Europe, and Asia.Revenue generation for Google AppSheet primarily occurs through subscription models. Users can create and share basic applications for free within small teams using Google Workspace accounts, while larger teams require paid subscriptions. AppSheet offers various licensing options, including AppSheet Core licenses, available in select Google Workspace Enterprise editions. The tiered pricing structure facilitates access to services ranging from basic app development to advanced automation features.Following its acquisition by Google, SolveBot, Inc. is focused on enhancing its AppSheet platform. The company plans to launch new features aimed at improving user experience and functionality, with specific release dates yet to be announced. Additionally, it seeks to expand its market presence in Europe and Asia by 2021. The recent funding from the Series A round will be utilized to support these initiatives, enhancing product development and market outreach.

## Funding rounds

- Series A, Apr 25, 2019, $15M — New Enterprise Associates, Shasta Ventures
- Seed, Oct 16, 2015, $1.5M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed, Series A
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A