The WeLoveNoCode Growth Story Continues After a Successful Funding Round
Industry: Technology
London, United Kingdom (PRUnderground) June 22nd, 2021
WeLoveNoCode is delighted to announce the next stage in its growth journey after the huge success of the most recent funding. Company continues to beat all revenue targets and delighted to be moving to the US as part of this expansion.
A NoCode approach makes development more cost effective and it is their mission to ensure this is possible for everyone in the future. WLNC have built an automated platform that selects contractors for a monthly subscription, where users can quickly test hypotheses and create new products using NoCode development.
Recent Successes
In May WeLoveNoCode announced investment from industry heavyweights to help introduce crucial roles for the growth of the business in sales and marketing, which have been successfully filled.
WLNC signed Brent Haldiman as the new Head of Sales, Brent has a strong background in sales and has built businesses over $1M MRR during his career.
This new hire have positioned WeLoveNoCode to continue its aggressive growth strategy, which now leads them to open their first office in the US, where they are looking to continue the NoCode movement. The management team have already received visas to move to the US and will be starting the new office in August.
Future Growth
The NoCode market is growing fast, with Gartner predicting that low-code and nocode development will account for 65% of all application development activity by 2024, whilst Forrester is saying the market will top $21Bn by 2022 and one of the heroes of the industry, the design app Canva, now valued at over $3Bn.
The next funding round will now focus on a couple of clear aims
- Building world class sales and marketing teams in the US
- Putting in place an infrastructure and office in the US ready to launch across the country
These will put WLNC in a position to scale at pace, as they are already on schedule to exceed their revenue target of $1M MRR before starting in the US.
Contact:
Jack Khrapkov
Marketing Manager
+358465639472
About WeLoveNoCode
WeLoveNoCode is a NoCode Development company founded by Nick Shevchenko. It provides customers with the most innovative and efficient solutions to build IT products: Websites, mobile applications, automations, etc. The company is based in London, UK.