Fractl, a Cupertino, CA-based provider of generative AI-powered programming platforms, raised $1.025 million in pre-seed funding.
The company has emerged from stealth and announced the open-sourcing of its Fractl language, a generative AI-powered programming language, and the private availability of Fractl.io, a programming platform.
SaaS Investors
The round was led by WestWave Capital, with participation from January Capital and Arka Venture Labs.
WestWave Capital is an early-stage venture capital firm that invests in Seed and Series A Enterprise companies building deep technology solutions. The firm focuses on SaaS, Security, Cloud Infrastructure, Blockchain, Analytics, and IoT companies.
Fractl Use of Funds
The funding will be used to accelerate the company's growth, expand its go-to-market efforts, and support open-source efforts around the programming language.
About Fractl
Fractl Inc. is a company building the future of software development with Fractl.io, a DevOps SaaS platform, to make app development and deployment faster. Fractl integrates generative AI into the entire developer workflow, bringing together generative AI, coding, and no-code building into a single environment. Fractl.io is powered by Fractl, a new open-source programming language, that enables developers to use gen-AI, visual development, and traditional coding concurrently to unlock their creativity and productivity by focusing on the business problem, instead of programming syntax. Fractl Inc. is a remote-first company, headquartered in Silicon Valley, with team members across the globe.
Funding Details
Company: Fractl, Inc.
Raised: $1.025M
Round: Pre-Seed Round
Funding Month: November 2023
Lead Investors: WestWave Capital
Additional Investors: January Capital and Arka Venture Labs
Company Website: https://www.fractl.io/
Software Category: DevOps SaaS Platform
Source: https://www.businesswire.com/news/home/20231114959754/en/