A startup behind a no-code app development platform has raised pre-seed funding.
Hypi, based in London, has secured £150,000 from SFC Capital.
The funding will support the growth of Hypi platform and push its SaaS solution out to users who want a more visual way of developing and launching an app.
It says the platform allows non-technical people to create professional web and mobile apps in minutes. By describing their idea, design inspirations and target customers, Hypi designs a tailored template for them which can then be edited before publication on the Android and Apple app marketplaces.
It is currently being used by non-enterprise clients in the accounting, agriculture, hospitality and health sectors. During the COVID-19 lockdown, Hypi worked with hospitals to prevent staff from getting infected from touching infected paperwork by replacing the paper process with an app.
“We’re excited to be partnering with such a renowned institution as SFC Capital in our efforts to make app development accessible to everyone,” said Courtney Robinson (pictured), Hypi co-founder and CEO.
“The day when my non-technical mum can design and launch her own tech startup without a technical co-founder is coming – and this helps put us one step closer to that.”
Edward Stevenson, investment manager at SFC Capital, added: “The rapid rise of digitisation and technology is evident for all to see. However, with this comes increasing pressure on finding and employing technical talent.
“Hypi are solving this problem through their software by bringing low/no-code to the masses and, in doing so, rapidly reducing the time and cost it takes to bring new technology-focused products and services to market.
“Given this our decision to invest was a simple one and we are extremely excited to see what the future holds for Hypi and the team.”