Vibi codes anything they fear at a value of $ 100 million, after reaching $ 2 million in its first two weeks

It is not a secret that coding-using coding tools that work in Amnesty International to create applications and websites through natural language claims-explode in popularity.

In July, Lovable Startup Lovable reached $ 100 million of repeated annual revenues (ARR) just eight months after its launch, just eight months after its launch, just eight months after its launch, just eight months after its launch, just eight months after its launch after eight months, in July, in July, the start of the coding of the beloved Swedish symbols achieved $ 100 million of the annual revenue. (Arr) Just eight months after launch, Plans Close the year at $ 250 million and I think it will reach one billion dollars in the next 12 months. Meanwhile, she said re – Earlier this month If ARR rose from $ 2.8 million to $ 150 million in less than a year.

The wonderful growth of these companies has feed a wave of competitors, many of which also gain momentum. “This is one of those spaces where every company like weeds grow,” said Nichil Trevidy, co -founder and general partner at VC Formwork.

However, although its rapid growth, Trivedi argues that loved companies, return and other emerging companies in coding have a major defect: they excel in developing initial models but are struggling to enable users to launch ready -to -produce programs.

Trevidy says that the problem of most coding companies is that it does not provide all the infrastructure that non -technical users need to launch a functional product.

anythingThe AI ​​application, which was launched a month ago, tries to solve this problem by providing all tools-from databases to storage and payment functions-which users need to operate companies on the web or to send their desired creations to the application store. The first traction of the company was explosive, as it reached an annual operating rate of two million dollars in just two weeks.

Although the coding market is crowded, the company’s growth rate is so impressive that Trivedi knew that he had to finance it.

Anything announced on Monday that it raised a $ 11 million financing round with a value of $ 100 million, led by the work, with additional support from UNCORK, Bessmer and M13.

Former Google Dhruv Amin and Marcus Lowe colleagues participated in its foundation, anything specially designed to help non -technical people generate full applications on the Internet and mobile.

“You really didn’t see real works based on any of these tools,” said Amin on other coding companies. “We want to be aligning the space, as people build applications that make money above us.”

Amin claims that users have already benefited from anything to create applications that work at full capacity in Appstore, including usually followed, CPR training course, and “Try-on” hair form. Some of these applications started even to earn money.

These users, according to Amin, can highly end their application because they do not have to know how to prepare and connect other basic tools to the initial model created by VIBE.

The idea of ​​developing the AI-AI-AI-ISSTS applications came from soup to Al-Amin to Amin and Will less than a year ago. The duo has been working together since 2021. Its first offer was a obtained development market that used artificial intelligence coding tools in conjunction with human developers. But this was before llms ascending. This work generated about $ 2 million of the annual operating rate, but it became clear that the Improvised IQ can soon provide faster applications and lower costs than the market model.

Therefore, in 2023, they stopped this work and started working to develop an AI -powered app -building tool. They even raised some pre -seeds and seeds from Uncork and Bessmer Venture partners along the way.

Amin and Loui noticed that most competitive tools, including loved and StackblitzDepends on the third party database Supabase. They thought they could distinguish anything from AI by building all infrastructure at home.

This development took time, but it may be worth effort because anything is not the only start starting in this market. It is not even the only person who makes a bet that providing all the back interface tools can be a large growth driver. Other startups that build large pieces of their infrastructure include Mocha and RushThis company that claims to be On the right track to strike $ 10 million in ARR By the end of the year.

But intense competition is not Trevidy. “It seems that there is sufficient demand for different types of application building products,” he said.