Arengu Analysis: $500K Raised
What is Arengu?
Arengu is a low-code platform that simplifies user sign-up and onboarding processes for APIs and identity providers. Their approach leverages ready-made templates, allowing developers to create complex use cases quickly. This efficiency enables businesses to enhance user experiences and streamline integration with various services.
Location
A Coruña, A Coruña 15003, Spain
Employees
11-50
Founded
2018
Revenue
$1-5M
Product Features & Capabilities
- Frictionless signup flows, registration and login forms, passwordless and MFA forms, payment and subscription management, dynamic pricing, user qualification and progressive profiling, onboarding screens, low-code platform for building sign-up logic, streamlining users to API or authentication systems.
Pricing
- Free: $0/month
- Startup: $33.69/month
- Business: $65.14/month
- Enterprise: Custom pricing
How much Arengu raised
Pre-Seed - €500,000
February 2020Lead Investor: K Fund, Lanai Partners, VIKO, Rafael Garrido
Who are the founders of Arengu
Market Focus
Arengu primarily focuses on the low-code development market, specifically in creating and managing user signup and onboarding flows for applications. This involves integrating with various APIs and identity providers to streamline these processes.
Competitors Overview
Arengu competes in the low-code platform market, particularly focusing on user signup and onboarding solutions. Its main competitors include:
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Hireology: With an estimated revenue of $31M and 206 employees, Hireology has a strong market presence but has seen a decline in employee growth, indicating potential challenges in scaling.
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WorkBright: This competitor has an estimated revenue of $1.5M and 18 employees, operating in a similar space but with less market visibility.
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Efficient Forms: Generating $7.2M in revenue with 45 employees, Efficient Forms specializes in form automation, which aligns closely with Arengu's offerings.
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Relias: A larger competitor with $191.3M in revenue and 976 employees, Relias benefits from significant resources and market reach, providing advantages in product development.
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HR Cloud: With $9.5M in revenue and 73 employees, HR Cloud focuses on HR solutions, competing in the tech services sector.
Additional notable competitors include:
- Typeform: An interactive form builder rated highly for user experience, starting at $29/month.
- Popl: Offers digital business cards, starting at $7.99/month, emphasizing template management.
- Jobin.cloud: An all-in-one tool for engagement, starting at $8.99/month.
- Visme: A design tool for presentations and infographics, starting at $12.25/month.
- noCRM.io: Focuses on lead management with a user-friendly interface.
- LinkedIn Sales Navigator: Enhances sales outreach through LinkedIn's network.
- HubSpot Marketing Hub: A comprehensive marketing tool with a free version, suitable for various business sizes.
- ClickFunnels: Simplifies sales funnel creation with a drag-and-drop interface.
These competitors offer various features and pricing structures that may cater to different business needs compared to Arengu.
Investors
- K Fund (Venture Capital Fund)
- Lanai Partners (Business Angel Group)
- Rafael Garrido (Business Angel)
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