When was Draftbit founded?

Draftbit was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Draftbit located?

Draftbit is headquartered in Chicago, United States.

How many employees does Draftbit have?

As of Aug 31, 2026, the latest employee count at Draftbit is 16.

Is Draftbit a funded company?

Draftbit is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 20, 2019.

How much is Draftbit worth?

The latest valuation of Draftbit is $***** as of Aug 20, 2019. This marks a decline of 1% from its peak valuation of $2.14M in Aug, 2019. This marks a decline of 1% from its peak valuation of $2.14M in Aug, 2019.

When was the latest funding round of Draftbit?

Draftbit's latest funding was a $***** Seed round on Aug 20, 2019, with participation from 1 investor. Its primary sector is Application Development Tools. In United States, the Application Development Tools sector has seen $2.6B in funding in 2026 to date.

Where does Draftbit rank among its competitors?

Draftbit ranks 83rd amongst 1834 active competitors, of which 211 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Temporal, which secured $550M in Sep, 2026.

Who are the top competitors of Draftbit?

Draftbit's top competitors include Netlify, Vercel and Gitlab. Among them, Temporal secured the most recent funding round in September, 2026.

Draftbit - 2026 Company Profile, Team, Funding & Competitors

Company Details

Draftbit is a mobile application development tool. It helps to visually develop iOS and Android applications, and then output reusable documented code and libraries. It also helps designers and product managers to turn design systems into code components for delivering front end code. The company provides solutions for launching the developed app on the App Store as well.

Website: draftbit.com
Social
Email ID: *****@draftbit.com

Key Metrics

Founded Year

2017

Location

Chicago, United States

Stage

Seed

Total Funding

$150K in 1 round

Latest Funding Round

Seed, Aug 20, 2019, $*****

Post Money Valuation

$***** as on Aug 20, 2019

Investors

Y Combinator & 7 more

Ranked

83^rd among 1834 active competitors

Employee Count

16 as on Aug 31, 2026

Similar Companies

Vercel & 1596 more

View Draftbit's full profile

Draftbit has raised a total funding of $150K over 1 round. Its latest funding round was a Seed round on Aug 20, 2019 for $*****. 1 investor participated in its latest round. Draftbit has 8 institutional investors.

Here is the list of recent funding rounds of Draftbit:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 20, 2019	9825814	Seed	9727491	3140941	7935529	9030990

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View details of Draftbit's funding rounds and investors

The founders of Draftbit are Donald Hruska and Brian Luerssen.

Here are the details of Draftbit's key team members:

Donald Hruska: Co-Founder of Draftbit.
Brian Luerssen: Co-Founder & CEO of Draftbit.
Contact Info: 1 email address

View details of Draftbit's Founder profiles and Board Members

Draftbit's employee count trend

Draftbit has 16 employees as of Aug 26. Here is Draftbit's employee count trend over the years:

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Top competitors of Draftbit include Netlify, Vercel and Gitlab. Here is the list of Top 10 competitors of Draftbit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Netlify 2013, San Francisco (United States), Series D	Provider of a platform for web application development and deployment	$212M	EQT, Kleiner Perkins & 21 others	84/100
2nd	Vercel 2015, Covina (United States), Series F	Provider of cloud infrastructure and developer tools for web applications	$863M	Accel, GIC & 30 others	82/100
3rd	Gitlab 2011, San Francisco (United States), Public	Provider of a platform for software development, security, and delivery	$435M	Khosla Ventures, Iconiq Capital & 51 others	81/100
4th	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Access Technology Ventures ... & 47 others	80/100
5th	Appian 1999, Reston (United States), Public	Cloud based low code application development and automation platform	$47.5M	New Enterprise Associates, Scheuermann Investment ... & 3 others	76/100
6th	Bubble 2012, New York City (United States), Series A	Cloud based no code web application development tool	$106M	SignalFire, Insight Partners & 12 others	74/100
7th	Heroku 2007, San Francisco (United States), Acquired	Saas based provider of integrated platform as a service solutions	$17M	Harrison Metal, Ignition Partners & 16 others	73/100
8th	Temporal 2019, Seattle (United States), Series E	Platform offering integrated cloud application development solution	$1.2B	Wellington, Amplify Partners & 15 others	70/100
9th	Cortex 2019, San Francisco (United States), Series C	Developer of an internal developer portal using AI technology	$112M	Sequoia Capital, IVP & 23 others	69/100
10th	OutSystems 2001, Linda A Velha (Portugal), Series F	Developer of a low-code platform with AI-powered application development capabilities	$803M	KKR, Tiger Global Management & 13 others	68/100
83rd	Draftbit 2017, Chicago (United States), Seed	Visual mobile app development tool	$150K	Floodgate, New Stack Ventures & 6 others	46/100