Locofy - About the company
Locofy is a seed company based in Singapore (Singapore), founded in 2021 by Honey Mittal. It operates as a Platform offering low code web application development software. Locofy has raised $7.3M in funding from Northstar Ventures. The company has 94 active competitors, including 17 funded and 3 that have exited. Its top competitors include companies like Qt Group, Anima and DhiWise.
Company Details
Platform offering low code web application development software. The platform helps to convert the design into front end code. It provides production ready code for mobile and web applications and thereby helps to focus on complex problems. It offers pre built drag and drop components to build mobile and web applications. It helps to feed real data into the application as it supports spreadsheets, tables, databases. It provides a prototype that runs on code without the need to write a code.
- Website
- www.locofy.ai/
- Email ID
- *****@locofy.ai
- Registered Address
- CIRCULAR ROAD, Singapore, 49426
Key Metrics
Founded Year
2021
Location
Singapore, Singapore
Stage
Seed
Total Funding
$7.3M in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 94 active competitors
Employee Count
22 as on Sep 30, 2026
Legal entities associated with Locofy
Locofy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOCOFY PTE. LTD. UEN: 202106674K , Singapore, Active | Feb 24, 2021 | - | - |
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Locofy's funding and investors
Locofy has raised a total funding of $7.3M over 2 rounds. Its first funding round was on Mar 22, 2022. Its latest funding round was a Seed round on May 15, 2023 for $*****. 9 investors participated in its latest round. Locofy has 9 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Locofy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2023 | 9671364 | Seed | 6019321 | 1662492 | 1685302 | 7546697 |
Mar 22, 2022 | 1121981 | Seed | 3680068 | 7221264 | 1746981 |
View details of Locofy's funding rounds and investors
Locofy's founders and board of directors
Founder? Claim ProfileThe founders of Locofy is Honey Mittal. Honey Mittal is the CEO of Locofy.
Here are the details of Locofy's key team members:
- Honey Mittal: Co-Founder & CEO of Locofy. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
Locofy's Board of Directors
Locofy's board has 2 active members. Honey Mittal and Sohaib Muhammad are part of team.Here is the list of Locofy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 5m | |
Team | - | Current | 5y 1m |
View details of Locofy's Founder profiles and Board Members
Locofy's employee count trend
Locofy has 22 employees as of Sep 26. Here is Locofy's employee count trend over the years:
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Locofy's Competitors and alternates
Top competitors of Locofy include Qt Group, Anima and DhiWise. Here is the list of Top 10 competitors of Locofy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of cross-platform software development tools and quality assurance solutions | $6.7M | 64/100 | ||
2nd | Anima 2015, New York City (United States), Series B | Cloud based platform offering solutions for automated prototyping | $12.7M | 54/100 | |
3rd | Platform offering design to code converter solution | $25.2M | 53/100 | ||
4th | Provider of AI-powered UI design and workflow tools | $2.5M | 46/100 | ||
5th | Platform offering low code web application development software | $7.3M | 43/100 | ||
6th | Cloud-based solutions for converting design to code | $18.6M | 43/100 | ||
7th | thesys 2023, San Francisco (United States), Seed | Developer of generative user interface tools for artificial intelligence applications | $4M | 43/100 | |
8th | KuikaBoost 2019, San Francisco (United States), Unfunded | Provider of cloud-based design to code conversion solutions | - | - | 43/100 |
9th | AI based platform for designers to develop user flows and designs | $4.45M | 39/100 | ||
10th | Galileo AI 2022, San Francisco (United States), Acquired | Platform offering UI design tools | $4.4M | 38/100 |
Looking for more details on Locofy's competitors? Click here to see the top ones
Locofy's Investments and acquisitions
Locofy has made no investments or acquisitions yet.
Reports related to Locofy
Here is the latest report on Locofy's sector:
News related to Locofy
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Locofy.ai’s accelerates web design-to-code with AI as it pioneers Large Design ModelsMedia Bulletins•Jan 16, 2024•Locofy
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AI-based startup Locofy.ai has raised USD 4.25 Million in a fresh seed round from Northstar VenturesEnablers•May 16, 2023•Locofy, Northstar Ventures, Golden Gate Ventures, Accel and 5 others
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Golden Gate Ventures Doubles Down on Locofy.ai Investment to Accelerate Go-to-Market for Startups and EnterprisesPR Newswire•May 16, 2023•Golden Gate Ventures, Locofy, Dropbox, LottieFiles and 1 other
•
SaaS-focused BoldCap launches $25M Fund IIYourStory•Apr 12, 2023•BoldCap, Locofy, Spotdraft, Sigma Aldrich and 2 others
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Locofy, the low-code platform that helps users convert design to code, raises US$3M in pre-seed fundinge27•Mar 22, 2022•Locofy, Accel, January Capital, Golden Gate Ventures and 1 other
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