HomeFundingPorto- and Berlin-based dashdash raises $8 million Series A funding to democratize...

Porto- and Berlin-based dashdash raises $8 million Series A funding to democratize app creation

dashdash, a startup that creates tools to make computation accessible to everyone, today announces an $8 million Series A led by Accel, with participation from Cherry Ventures, Atlantic Labs, and angel investors including Felix Jahn, founder of Home24, and David Schneider, co-founder of Zalando.

Building an interactive web app typically relies on coding skills or navigating complex processes of IT departments and agencies. Business managers constantly work with data and applications, but lack the tools to customize and automate them to optimize workflows.

dashdash is building a cloud platform which allows people to create web applications using just their spreadsheet skills, democratizing computing. It combines a familiar interface with a highly sophisticated backend, offering powerful functionality and integrations not supported by traditional spreadsheet tools and removing the barrier to entry for users without programming experience.

With dashdash, users can type formulas into cells which can connect to online services and automate their workflows like marketing campaigns, lead generation activities or dashboards. The platform is currently in closed beta, and will be launched more widely later this year.

dashdash, which has until now operated in stealth mode, was founded in 2016 by serial entrepreneurs Humberto Ayres Pereira and Torben Schulz, two of the co-founders of online food delivery service EatFirst. The startup has offices in Berlin and Porto, chosen for their combination of engineering talent and vibrant startup communities.

Humberto Ayres Pereira, co-founder of dashdash, stated: “We started dashdash to democratize app creation, giving people without any coding skills the opportunity to harness data and computation. By removing the need to learn programming languages and making developing apps as simple as building a Lego set, we’re aiming to usher in the next billion programmers. Today’s investment is the first step of an ambitious journey, and we’re excited to have the backing and support of Accel and Cherry Ventures as we work towards this goal.”

The fresh capital will be used for expansion and product development. In particular, dashdash will be bolstering its engineering team in Porto, Portugal, with plans to hire 20 top engineers over the coming months.

Accel’s Andrei Brasoveanu commented: “We’re excited to partner with the dashdash team to help them achieve their mission of creating tools that make computation accessible to everyone. Humberto and Torben are seasoned entrepreneurs with unquestionable drive and ambition, and they share a vision of what’s needed to build a world-class user-friendly product with a highly technical backend.”

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).


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