Engineer.ai raises $29.5M Series A for its AI+Humans software building platform

Engineer.ai raises $29.5M Series A for its AI+Humans software building platform

6 years ago
Anonymous $L9wC17otzH

https://techcrunch.com/2018/11/06/engineer-ai-raises-29-5m-series-a-for-its-aihumans-software-building-platform/

SF-based Engineer.ai launched in an invite-only manner two and a half years ago, bootstrapped by its founders. Its platform combines AI with crowdsourced teams of designers and developers to build bespoke digital products at – they say – twice the speed and less than a third of the cost of traditional software development.

Today it’s announced at Web Summit that its raised one of Europe’s largest Series A investments at $29.5 million, led by Lakestar and Jungle Ventures with participation from Softbank’s DeepCore. The round is among Europe’s largest A-rounds to date.