AI-powered software development platform听Builder.ai has appointed a COO and CFO after experiencing rapid growth.听
The London start-up, which听empowers businesses to build, run and scale software development without requiring technical expertise or coding,听saw听a 230% increase in monthly revenue since the start of听COVID-19.听听
It听expanded its enterprise client footprint to include brands such as Pepsi, the US Air Force, Xander Group and the Indian Army.听听
And having added more than 130 staff in that time, spread across the UK, US, Southeast Asia and the Middle East, it appointed听Joseph Norena as its first COO and听Andres Elizondo as its first CFO.听
Norena most recently held the position of managing director for HSBC in London and New York. Prior to that, he was the head of the听trading听execution听desk at Bridgewater Associates.听He has also served as a board听advisor to a healthcare AI听start–up.听听
He is a former colleague of CEO and co-founder Sachin Dev Duggal听at Deutsche Bank.听
Elizondo听has over 15 years of experience as a CFO, non-executive听director and听board听advisor in the technology sector, particularly with SaaS companies.听For the last 10 years,听he has听held various senior-level finance roles at听Rackspace听Technology, culminating with his most recent role as EMEA CFO where he was responsible for more than $600 million in annual revenue operation across multiple markets.听听听
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While听the pandemic听took its toll on businesses and resulted in countless closures worldwide, it also drove over a third of businesses to increase the use of digital technology, creating a surge in demand for custom software.听
鈥淕iven the uncertainty brought on by the pandemic, I want Builder.ai to be a platform that serves as a sign of hope for small businesses looking to keep their customers engaged, and for entrepreneurs ambitiously driven to launch new business ideas – they are the new developers,鈥� said听Duggal.听听
鈥溊暇牌凡鑕s in certain industries, such as retail, fashion, travel and hospitality, have been hit especially hard and we want to be their partner as they adopt a digital-first mindset to stay competitive.听听
鈥�With our order-to-create style platform and its ability to drastically reduce the cost and effort typically required to build software, we want to give businesses, small and large, a fighting chance at survival and long-term growth.听听
鈥�Our customers鈥� growth is our growth. With that in mind, we will continue to push our platform to drive digital adoption for small businesses.鈥�听
The firm launched听its听Studio Rapid听product听in October, which it says听takes a clean design-centric approach听to no-code,听allowing customers to build听and create听market-ready听apps in under a day.听听
老九品茶es can customize their app in the same way as they would create a PowerPoint slide by moving elements, such as images, icons, languages and text.听听
Builder.ai is headquartered听in London听with additional听offices in New Delhi, Singapore, Los Angeles, Tokyo and Dubai.听听
Customers include everyone from听a听Riyadh听bakery听to globally renowned enterprises like the BBC, Virgin Unite and the US Air Force.听听
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