The future is codeless.
And we want you to be part of it.
A world where anyone can build sophisticated software applications without writing a single line of code.
That’s our vision.
Yes, digitalization is no longer limited to those with extensive programming skills.
This is the world that no-code platforms like LoftOS are making a reality, and if you haven’t heard, it's a world that is rapidly growing.
Gartner predicts a massive shift by 2026, a whopping 70% of new company apps will be built with these user-friendly tools, compared to less than 25% in 2020.
Since 2019 we've been at the forefront of this no-code revolution, gaining momentum as the year goes by and improving the features and functionalities of LoftOS.
Currently, we have one of the most customizable business matchmaking systems out there, enabling users to connect and collaborate with ease. As well as offering our built-in no-code website builder, Pages, allowing users to create effortless web design without code.
But no matter what, our mission has always been clear: To democratize software development and empower individuals and businesses to bring their digital ideas to life with little to no learning curve.
And when our customer list includes major players like Deutsche Telekom, Fraunhofer institutes, leading universities like RWTH Aachen University and 40% of German state governments who believe in our vision, we're well on our way to achieving this goal.
Now, with our latest funding round led by Capital Mills, we're more than excited to take that mission to the next level.
Our Funding Journey
From the very beginning, Innoloft had the vision to revolutionize the way software is built.
We saw the potential of no-code development when we realized there was a big issue with digitalization in Germany, and since then we've been working tirelessly to bridge the IT Skills gap, regardless of technical expertise.
As our customers began building innovative applications on LoftOS, we saw the tremendous impact our platform could have.
From engaging regional innovation platforms connecting the startup landscape of Lower Saxony, to efficient B2B community networks across various industries, the solutions created by our customers were reaching over 70,000 end-users showcasing the power and potential of no-code platforms.
This validation fueled our determination to scale LoftOS and empower even more businesses to digitize and automate their processes.
We knew that we had something special with LoftOS, but we also knew that we would need support to scale our impact.
That's where our investors come in.
In 2023, we closed a seed funding round that propelled us forward and solidified our vision.
This early investment allowed us to expand our multicultural team, refine our product, and start building a loyal user base.
Fast-forward to today, we're thrilled to announce that we've secured our next major funding round, led by the Dutch venture capital firm Capital Mills.
Capital Mills and Existing Investors Join Forces to Fuel Innoloft's Growth
This investment, which brings our total funding to €2 million, is a testament to the incredible growth and potential of Innoloft and LoftOS.
Not only did we attract Capital Mills as a new investor, but our existing investors also demonstrated their continued confidence in our vision by supporting our funding efforts.
Capital Mills is a true partner in every sense of the word. With their extensive experience backing high-growth B2B software companies, they bring invaluable expertise and resources to the table.
But beyond that, they share our vision for the future of software development and our deep commitment to empowering citizen developers worldwide.
Barry de Kock, Investment Manager at Capital Mills, echoes this sentiment:
Capital Mills is excited to partner with Innoloft. We believe Innoloft has a great team that has built an innovative and intuitive no-code solution that has potential to capture an ever-growing market.
Notably, Innoloft marks Capital Mills' first investment in Germany, a testament to the strength of our partnership and the potential they see in our platform.
With the support of Capital Mills and our existing investors, we feel well-prepared to take the next steps in empowering individuals and businesses to unlock their full potential through the power of no-code technology.
The Road Ahead
As we look to the future, one thing is clear: The no-code revolution is just getting started, and Innoloft is excited to be playing a part in that game.
According to Gartner, by 2024, 80% of technology products and services will be built by those who are not technology professionals. This trend, coupled with the 149,000 vacancies for IT workers in Germany alone, underscores the immense potential for no-code solutions like LoftOS.
With our latest funding round and the support of our incredible investors, we're ready to take our mission to new heights and make more businesses in Germany and around the world experience the power of no-code.
So what does that future look like?
For starters, we're doubling down on our commitment to making software development as easy and intuitive as possible.
We believe that the power to create should be in the hands of everyone, not just a select few with coding expertise.
That's why we're constantly refining and expanding the capabilities of LoftOS, with a focus on user experience, flexibility, and scalability.
On the business development front, we're excited to announce that Innoloft has been selected by the German Accelerator to enter the US market.
Our CEO, Sven Pietsch, recently spent a week in New York City with other participants from the cohort to understand what it takes to successfully expand into the US.
This fast-paced learning journey with the accelerator has equipped us with valuable insights and strategies to navigate this new market and bring the power of LoftOS to even more businesses worldwide.
Launching Web Apps with No-code 10x Faster
Our vision extends beyond just the platform itself.
We believe that no-code has the power to transform entire industries and revolutionize the way we work.
Of course, none of this would be possible without our incredible community of users and supporters.
From the startups, regional development agencies, universities and corporates building amazing applications on LoftOS to the investors who share our vision, we're grateful to be part of such a passionate and innovative ecosystem.
As we embark on this next chapter of our journey, we want to invite you to be a part of it.
So if you haven't already, we encourage you to explore LoftOS for yourself and learn how you can build solutions 10x faster without writing a single line of code.