Rapid Application Development Platform Trailblazers: Top 14 Start-ups in Low-code Platforms – Taking the Code Out of Coding

8 May 2020
by Yugal Joshi, Tanya Srinath

As more and more organizations seek digital transformation, application or software development is experiencing a shift toward an increasingly agile and DevOps-oriented environment. The deployment and delivery pace is expected to accelerate, and organizations are likely to look for ways to avoid the costs associated with this acceleration. Low-code application development has emerged as one of the solutions, with utility right from launching a Minimum Viable Product (MVP) by a start-up to running individual business processes for large enterprises across ecommerce; analytics; and business intelligence (BI), Software as a Service (SaaS), and IT managed services.

Recognizing this need, multiple low-code start-ups have emerged over the past few years and are continuously innovating to increase productivity and accuracy across requirements – database handling, complex user interface creation, self-service portals, automated response systems and queries, and enhanced customer service applications. In the next few years, the number of developers using low-code application development platforms is expected to rise sharply due to an ongoing push by market leaders such as Microsoft for low-code offerings such as PowerApps and Power Platform. Service providers, product companies, and enterprises are suggesting that low-code is the way ahead, via their acquisitions and partnerships.

In this research, we assess 14 low-code application development platform start-ups, focusing on their innovations, growth stories, and market impact. We analyze these startups across the following key dimensions:

  • Market traction
  • Technological capabilities
  • Investor confidence


Technology: low-code application development platforms

Geography: global

Companies assessed: Airtable, Appy Pie, Betty Blocks, Bubble, Decisions, Gyana, InVisionApp, Ionic, SettleMint, Thunkable, Unqork, Vantiq, Voiceflow, and Webflow


The report covers the following topics

  • Adoption of low-code platforms: This section covers enterprise-centric benefits of low-code platforms, challenges facing adoption, a potential trade-off assessment before adopting low-code application development platforms, and market activity overview in the low-code domain
  • Assessment of key low-code start-ups: This section explains the assessment methodology for arriving at the top 14 low-code start-up trailblazers, and offers individual profiles of each of these start-ups


Application Services


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