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 Jul 31, 2026, the latest employee count at Draftbit is 17.

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.

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.

Where does Draftbit rank among its competitors?

Draftbit ranks 67th amongst 1499 active competitors, of which 175 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Temporal, which secured $300M in Feb, 2026.

Who are the top competitors of Draftbit?

Draftbit's top competitors include Vercel, DigitalOcean and Appian. Among them, Temporal secured the most recent funding round in February, 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, $*****

Investors

Y Combinator & 7 more

Ranked

67^th among 1499 active competitors

Employee Count

17 as on Jul 31, 2026

Similar Companies

Vercel & 1496 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	1031847	Seed	6484524	1388453	6588772	6468817

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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 17 employees as of Jul 26. Here is Draftbit's employee count trend over the years:

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Top competitors of Draftbit include Vercel, DigitalOcean and Appian. 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	Vercel 2015, Covina (United States), Series F	Provider of cloud infrastructure and developer tools for web applications	$863M	Accel, GIC & 31 others	81/100
2nd	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Andreessen Horowitz & 46 others	80/100
3rd	Appian 1999, Reston (United States), Public	Cloud based low code application development and automation platform	$47.5M	New Enterprise Associates, Saints Capital ... & 3 others	75/100
4th	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
5th	Heroku 2007, San Francisco (United States), Acquired	Saas based provider of integrated platform as a service solutions	$17M	Harrison Metal, Ignition Partners & 16 others	74/100
6th	Cortex 2019, San Francisco (United States), Series C	Developer of an internal developer portal using AI technology	$112M	Sequoia Capital, Scale Venture Partners & 23 others	69/100
7th	Temporal 2019, Seattle (United States), Series D	Platform offering integrated cloud application development solution	$650M	Tiger Global Management, Greenoaks & 11 others	65/100
8th	Progress 1981, Bedford (United States), Public	Platform offering IDE based application development software	-	August Capital, Accelerator Ventures & 6 others	68/100
9th	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
10th	WSO2 2005, Santa Clara (United States), Acquired	Provider of open-source platform for API management, integration, and identity	$130M	Toba Capital, Goldman Sachs Asset Management ... & 6 others	66/100
67th	Draftbit 2017, Chicago (United States), Seed	Visual mobile app development tool	$150K	Floodgate, Nameless Ventures & 6 others	46/100