ToolJet, a San Francisco, CA-based open-source low-code application development platform for building and deploying business applications, raised $4.6m in a pre-Series A round of funding.
The round was led by Nexus Venture Partners with participation from January Capital, Ratio Ventures, Better Capital and angel investors such as Nicolas Dessaigne ( Co-founder at Algolia & group partner at YC ), Rohith Salim ( Co-founder of Spotdraft ) and others.
The company intends to use the funds to expand the team and further its product development efforts.
ToolJet provides a platform that allows companies to create custom internal business applications, such as admin panels or order tracking systems, by connecting to data sources such as Postgres, MySQL or Airtable — with almost no coding required. The company recently shipped features such as realtime multiplayer editing, installable datasource plugins, multi-page apps, support for Python, in-built no-code database (ToolJet DB), dozens of new integrations, added localisation support, and more. ToolJet has in-built connectors for databases such as PostgreSQL, MongoDB, Firestore, Redis and more. Built-in widgets include tables, forms, rich text editors, etc. ToolJet can also connect to services such as Stripe, Slack, Google sheets, etc.
FinSMEs
04/02/2023