As of August 2026, Latka tracks 13 Low-Code development platforms companies with $100M+ in annual revenue. They have combined revenues of $2.9B and employ 12.7K people. They have raised $2.9B and serve 11.5M customers combined.
Every company below sells Low-Code development platforms to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Low-Code Development Platforms are software tools designed to simplify and expedite the process of application development. They provide a visual interface and pre-built templates that enable users, even those with minimal programming experience, to create applications through drag-and-drop functionality. This approach allows organizations to address development needs more rapidly, often facilitating collaboration between IT teams and business units. These platforms are commonly used for building enterprise applications, automating workflows, and integrating with existing business systems. Typical features include visual modeling, data integration, and collaboration tools, which together help teams streamline design and development processes. Users often include business analysts, product owners, and IT professionals who seek to enhance agility within their organizations. By allowing for quick prototyping and iteration, low-code platforms enable organizations to respond to changing business requirements effectively. They cater to a variety of industries and are particularly valuable for companies looking to improve operational efficiencies or accelerate their digital transformation initiatives.
Sorting: Highest -> Lowest
Showing 10 of 13 companies ranked by annual revenue.
Stockholm, Sweden
Lovable is an AI-powered platform that enables developers and non-technical users to create and deploy web applications rapidly. It aims to unlock human creativity by automating software development processes, allowing users to generate complete applications with authentication, data storage, and AI capabilities in a fraction of traditional development time.
Vienna, Virginia, United States
A global digital technology partner helping businesses create transformative digital products by incorporating exponential tech
Boston, Massachusetts, United States
a low-code development platform that enables businesses to rapidly build and deploy custom enterprise applications
San Francisco, California, United States
a platform to connect and automate workflows between web applications.
Boston, Massachusetts, United States
Mendix is a low-code software development platform that enables organizations to create and deploy enterprise applications quickly and efficiently. The company was founded in 2005 and is based in Boston, Massachusetts. In 2018, Mendix was acquired by Siemens AG, a multinational conglomerate headquartered in Munich, Germany, which offers a broad range of products and services in the fields of electrification, automation, and digitalization.
Toronto, Ontario, Canada
Website building anxiety ends here. Ordinary is the free site maker that’s fast, simple & ridiculously good-looking.
London, England, United Kingdom
Builder.ai, the AI powered composable software platform that allows every business and entrepreneur to become digitally powered.
Latka tracks 13 Low-Code development platforms companies with $100M+ in annual revenue. Together they generate $2.9B in annual revenue and employ 12.7K people.
Lovable is the largest, with $500M in annual revenue, founded in 2023.
The average Low-Code development platforms company in this list makes $225.3M a year, across 13 companies with reported revenue. They serve 11.5M customers combined.
Ranked by annual revenue, the leaders are Lovable, 10Pearls, Out Systems, Zapier and AirSlate.
The 13 Low-Code development platforms companies with $100M+ in annual revenue tracked here have raised $2.9B in disclosed funding between them.
- Must provide a visual development environment enabling users to create applications with minimal coding. - Should include features like drag-and-drop functionality for user interface design. - Must offer pre-built components and templates to expedite application development. - Should support data integration with third-party systems and APIs. - Must facilitate collaboration among users with built-in tools for feedback and sharing. - Not just a tool for developers; it must also enable non-technical users to contribute to application building.
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