How Much Did Bubble Raise? Funding & Key Investors

Bubble has successfully raised funding over three rounds, with the latest being a Series A round. The platform is backed by 23 investors, including notable names like Insight Partners, Betaworks, and Third Kind Venture Capital.

Keep reading to explore the intricacies of Bubble's fundraising journey and the investors backing this innovative no-code development platform.

What Is Bubble?

Bubble is a no-code development platform that allows users to create customized web and mobile applications. The company operates within the software development and web development industries, focusing on generative AI and developer platforms.

Founded in New York, New York, Bubble has grown to employ between 101 and 250 people. The platform is designed to enable AI app development through a visual, no-code editor, making it accessible for users without coding experience.

How Much Funding Has Bubble Raised?

1. Seed Round
   • Amount Raised: USD 6,250,000
   • Date: June 2019
   • Lead Investors: SignalFire
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To secure initial funding to expand and develop the product after seven years of bootstrapping.
2. Series Unknown
   • Date: October 2020
   • Investor Count: 1
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: Likely aimed at scaling the platform and enhancing product offerings.
3. Series A
   • Amount Raised: USD 100,000,000
   • Date: July 2021
   • Lead Investors: Insight Partners
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To capitalize on the growing no-code movement, expand market presence, and enhance platform scalability.

Total Amount Raised: USD 106,250,000. Current Valuation: Not publicly disclosed.

Key Investors

• Insight Partners
  • Details: Insight Partners is a global private equity and venture capital firm investing in high-growth technology and software companies. Ryan Hinkle, Managing Director at Insight Partners, will join Bubble’s Board of Directors.
  • Investment Focus Areas: High-growth technology, software companies, SaaS.
  • Notable Investments: Twitter, Shopify, DocuSign.
• SignalFire
  • Details: SignalFire is a venture capital firm that uses data and technology to support its portfolio companies. They led Bubble's seed round in June 2019.
  • Investment Focus Areas: Technology-driven companies, data, AI.
  • Notable Investments: Grammarly, Frame.io, Ro.
• Neo
  • Details: Neo is a venture capital firm that invests in early-stage technology companies. They participated in Bubble's Series A funding round.
  • Investment Focus Areas: Early-stage technology companies.
  • Notable Investments: Figma, Notion, Lambda School.
• BoxGroup
  • Details: BoxGroup is an early-stage investment fund based in New York City. They participated in Bubble's Series A funding round.
  • Investment Focus Areas: Early-stage startups across various sectors.
  • Notable Investments: Warby Parker, Glossier, ClassPass.
• Third Kind Venture Capital
  • Details: Third Kind is a venture capital firm that invests in early-stage technology companies. They participated in Bubble's Series A funding round.
  • Investment Focus Areas: Early-stage technology companies.
  • Notable Investments: Lyft, Kickstarter, Blue Apron.

What's Next for Bubble?

Bubble stands at the forefront of the no-code movement, poised to democratize software development. With the potential to expand the software engineering market by 100 times, the platform offers a significant opportunity for non-technical users to build applications. This growing ecosystem, supported by educators, agencies, and entrepreneurs, indicates a vast untapped market.

Future fundraising opportunities seem promising, given the substantial Series A funding and the involvement of high-profile investors. As Bubble continues to scale, it may attract further investment to enhance its platform and expand its educational initiatives. However, challenges such as maintaining user accessibility and competing with other no-code platforms remain.

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