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Appsmith

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The first open-source low code tool that helps developers build dashboards and admin panels very quickly

Bengaluru, IndiaFounded 2019Other B2B Software
Valuation $100–250M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Appsmith and the history behind them.

About Appsmith

Appsmith, founded in 2019 by Abhishek Nayak, Arpit Mohan, and Nikhil Nandagopal, provides an open-source, low-code platform designed for developers to build custom internal applications. The company's inception was driven by the founders' own experiences as engineers, repeatedly building tedious admin panels and internal tools from scratch. Co-founder and CTO Arpit Mohan, a backend engineer with extensive startup experience, conceived the initial idea to build user interfaces faster than with traditional HTML/CSS, but with more flexibility than existing admin frameworks. This idea resonated with CEO Abhishek Nayak and CPO Nikhil Nandagopal, both of whom are serial entrepreneurs with backgrounds in product management and engineering, leading to their third venture together.

The platform targets a developer-centric audience, offering a distinct alternative to traditional low-code/no-code tools aimed at non-technical users. Appsmith empowers engineering teams in mid-to-large enterprises to create a wide array of internal applications, including dashboards, database GUIs, admin panels, CRUD apps, and customer support tools. Its core functionality allows users to build user interfaces with a drag-and-drop system of pre-built widgets, connect to various data sources like databases (e.g., PostgreSQL, MongoDB) and APIs (REST, GraphQL), and write business logic using JavaScript directly within the platform. A key differentiator is its open-source nature, allowing for self-hosting on private servers or cloud environments, which provides greater control, security, and the ability to audit the code. The platform also integrates with Git for version control, facilitating collaborative development and CI/CD processes.

Appsmith operates on an open-core business model. A robust, free Community Edition is available, while revenue is generated through paid tiers—Business and Enterprise—which offer advanced features. These paid plans include features such as unlimited users, custom branding, granular role-based access controls, audit logs, SAML/OIDC SSO, and dedicated support. The company has successfully raised a total of over $49 million in funding through Series A and B rounds, with lead investors including Insight Partners, Accel, and Canaan Partners, to fuel its growth and platform development.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Bengaluru, India
Employees
48
Open positions
None listed
Dealroom signal
59.2/100
Industry
Enterprise Software
Sector
Other B2B Software, Open Source
Business model
SaaS
Client focus
b2b, b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Jun 2022 $41M $164M Jeff Hammerbacher · Abhinav Asthana · OSS Capital · Accel ↗
SERIES AOther financing Oct 2021 $8M $32M OSS Capital · Accel · Bessemer Venture Partners · Prasanna Sankar —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025 —
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Growth signals

Appsmith website traffic

Latest recorded traffic for Appsmith is 230K monthly website visits, down 32.4% over the last three months. Appsmith's team declined 28.4% over the past year.

Latest monthly visits230K 3-month web change-32.4% 1-year team growth-28.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A6 investors entered at this stage

Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇮🇳 India60.5%
🇺🇸 United States21.1%
🇳🇱 Netherlands2.6%
🇵🇹 Portugal2.6%
🇦🇪 United Arab Emirates2.6%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Appsmith on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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