Plant an App

Plant an App

The Future of Software: Business & IT, on the same platform, at the same time.

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Security Type
Crowd SAFE
Min Investment
$150
Location
St. Louis, MO
Offering Date
October 06, 2020
Expected Close Date
February 28, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 20%

Company Description

Vision Empowering the low-code engineer and the low-code agencyWe are looking to accelerate the worldwide adoption of low-code by enabling new people, new teams to better implement the tech in modern enterprises. A lot of people state that low-code is replacing developers. We believe the opposite is true. Low-Code is enabling developers to be even better at the jobs and that is why we have built our platform around the needs & wants of software engineers, to help them accelerate software delivery without compromising on technical flexibility. Proof of this is that a large majority of people building with Plant an App are technical people.In the last few months, growing our partner network has revealed a new trend - that of the Low-Code Agency - a software development firm that delivers technology projects with the help of low-code technology. We are seeing companies training their staff in multiple low-code platforms and even designing complex systems where apps and platforms are integrated, working together for maximum efficiency - exactly like the Gartner prediction: “75% of large enterprises will be using at least 4 low-code development tools.” Proof of this is our partner network, where we see IT Consulting and software development firms that are integrating low-code platforms in their current offering and even delivering entire projects exclusively on low-code technology.If you made it this far, here's a cool read on Hackernoon showcasing the story of Radu, one of our colleagues who left traditional coding to become a low-code engineer.

Key Deal Facts

One of the only Low-Code Platforms that include Software Engineers
350% Growth Year-to-Date, 15% Month-over-Month
$270K ARR plus $130k in services Year-to-Date, signed 36 Customers
$52B Market by 2024, 45% CAGR, Low-Code Enterprise Software
Pioneering the Low-Code Engineer & the Low-Code Agency
CEO & Team previously ran a successful company in the Developer Tools space
Graduated from 500 Startups in 2020 and $150k Investment from VC fund

Management Team / Advisory Board Bios

Bogdan Litescu
CEO & Founder

Alex Agapie
COO

Robert Dima
CTO

Reza Garrow
Head of Product Development

Radu Niculcea
Customer Success Manager

Dale Warner
Head of Support

Alex Gavril
Marketing Manager

Kevin Lindquist
Business Development Advisor

Deal Notes

Discount: 20%

Amount Raised : $305,854
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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