Enterprise software firm Locofy.ai has secured $3 million in a funding round from Accel, January Capital, Golden Gate Ventures, Boldcap, the company said.
The company that offers solutions to accelerate developers and designers with its low-code platform that converts designs to production-ready code, will use the funding to scale the engineering and data science teams, it said.
Angel investor and tech founders from companies such as Ola, Hasura, Holistics, Wego, GajiGesa, 1Bstories, Ohmyhome, CyberSierra, Wekan, and Canva’s ex-Head of Growth also participated in the round.
Founded in 2021 by Honey Mittal and Sohaib Muhammad, Locofy.ai aims to take away the menial work of engineers without adding complexity i.e. automating 50% or more of the current workflow starting with frontend code, allowing teams to convert their designs to code and an interactive and responsive live prototype (that runs on code), without writing a single line of code.
Locofy.ai has recently opened its beta program globally and already automated more than two million lines of code.
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