WeLoveNoCode, a San Francisco, CA-based provider of a no-code marketplace, raised $3M in funding.
The round was led by Mantis Venture Capital, with participation from K5 Global, Liquid2, CapitalX, Gaingels and Abe Burns.
The company intends to use the funds to strengthen its market position.
Led by Nik Shevchenko, WeLoveNoCode is a marketplace that connects companies and developers helping startups, agencies, SMB, and enterprises solve all their product needs with no-code. The company uses the subscription monetisation model and has two offices in the United States and UK.
The marketplace, which connects 5,000 companies and 36,000 no-code developers, expects to earn $24 million in ARR within a year, and as part of its response to the Ukrainian crisis, it will donate 10% of its margin income in March to help Ukrainians in need.