TechCrunch asked the Makerpad founder why this was the right time to sell his business. He said that the pairing would help his team take the no-code world farther than it could alone, also noting that the deal was a “no-brainer” over “alternative routes such as VC funding.”
Zapier, a well-known no-code automation tool, has purchased Makerpad, a no-code education service and community. Terms of the deal were not disclosed. TechCrunch has covered Zapier often during its life, including its first, and only, fundraising event, a $1.2 million round back in 2012 that tapped Bessemer, DFJ and others. Now they are over $100M ARR.
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Last summer, Luc Leroy left Tesla to found Full Speed Automation, which has just raised $3.2 million to finish development of the first version of its platform, called Vitesse (the French word for ‘speed’).
It’s no secret that the world is changing faster than ever. Before 2020 became, well, 2020, businesses knew that digital transformation was critical, yet few were prepared to make the pivot.
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@zapier just made its first acquisition: @makerpad! Reported by @TechCrunch. Congrats @bentossell, @melsreallife, @wadefoster, and everyone else involved! :)
#nocode #lowcode #startups #acquisition #automation #education
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