Hypi secures £150,000 pre-seed funding from SFC Capital
Hypi, the London-based SaaS platform that makes no-code app development accessible to everyone, has secured £150,000 in pre-seed funding from seed stage investor SFC Capital.
The funding will support the growth of Hypi platform and push their new no-code solution out to users who want a simpler, more visual way of developing and launching their app ideas.
Currently, entrepreneurs looking to create an app from scratch need technical coding knowledge, in addition to a large amount of time and financial resources. Without these resources, app development has become inaccessible for many. Hypi seeks to be the bridge that solves the barrier between the technical and non-technical worlds and that is standing in the way of many entrepreneurs to turn their business concept into a reality.
Hypi’s low-code platform allows non-technical people to create their own ready-to-launch professional web and mobile apps in minutes, using a visual tool that is as simple and easy to use as a standard word processor.
Users describe their idea, design inspirations and target customers to the Hypi platform, which uses this information to design a tailored template. The platform hosts a universe of app dependencies that can introduce core and tailored functionalities to new apps This unique design can be edited as needed and once it is ready, Hypi builds the app and publishes it in the Android and Apple app marketplaces. By eliminating repetitive development tasks from the app creation process and making it more agile, Hypi saves users time and energy, which they can invest in further developing their business.
The Hypi platform can be fully integrated into companies’ existing software and applications infrastructure, meaning that it does not need to be cloud based. Current Hypi non-enterprise clients are using the platform to develop apps in a wide range of sectors, including accounting, agriculture, hospitality and the health sector. During the Covid-19 lockdown, Hypi worked with hospitals to prevent staff from getting infected from touching infected paperwork by replacing the paper process with an app.
Courtney Robinson, Hypi co-founder and CEO added, “We’re excited to be partnering with such a renowned institution as SFC Capital in our efforts to make app development accessible to everyone. The day when my non-technical mum can design and launch her own tech startup without a technical co-founder is coming and this helps put us one step closer to that.”
Edward Stevenson, Investment Manager and SFC Capital added, “The rapid rise of digitisation and technology is evident for all to see. However, with this comes increasing pressure on finding and employing technical talent. Hypi are solving this problem through their software by bringing low/no-code to the masses and, in doing so, rapidly reducing the time and cost it takes to bring new technology-focused products and services to market. Given this our decision to invest was a simple one and we are extremely excited to see what the future holds for Hypi and the team.”