Starting a tech company is hard — but not quite as hard as it once was, thanks in part to no and low code tools. The clue is in the name: these tool

Europe’s fastest-growing no code companies, revealed

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2021-08-10 06:00:05

Starting a tech company is hard — but not quite as hard as it once was, thanks in part to no and low code tools. The clue is in the name: these tools allow non-technical users to do technical things — like building web applications and running product analytics — without a line of code or a headache-inducing database query in sight.

The no code boom is heating up on the continent. In February, Lisbon’s OutSystems raised €506m at a €9.5bn valuation, making it one of Europe’s most valuable private technology companies. Mambu and Solarisbank, both German low code banking-as-a-service platforms, also hit unicorn valuations this year.

But which no code companies are Europe’s fastest growing? And which early-stage startups are ones to watch for the future?

With help from Ben Tossell, an investor who sold his London-based company to Zapier, and Pietro Invernizzi of Stride VC, Sifted dived into the data to find out. We’ve compiled a dataset of all 69 VC-funded European no/low code startups, enriched with employee statistics from LinkedIn and Dealroom — and profiled the fastest-growing of the bunch below.