Blitz Analysis: $3M Raised
What is Blitz?
Blitz is a no-code platform for building internal and customer applications without writing code. It combines database creation, business logic, workflows, interfaces, and role-based permissions in one product. The company is based in San Francisco and entered Y Combinator’s Summer 2022 batch.
Location
San Francisco, United States
Employees
1-10
Founded
2022
Revenue
$11.0M
Investors
- Y Combinator
- Sharpstone Capital
Product Features & Capabilities
- Build apps with zero code, Fast Development, Drag-and-drop interface, High Performance, Industry Templates, Custom internal tools, Scale operations, Reduce SaaS applications, Build business apps in hours, Early access options.
Pricing
- Free: $0/month
- Team: $20/month
- Business: $45/month
- Enterprise: Personalized quote
How much Blitz raised
1: - $3 million (approximately Rs 24 crore)
July 2023Lead Investor: India Quotient, Better Capital, First Cheque, Titan Capital, and angel investors including Farid Ahsan, Abhinav Jain, Rahul Dash, and Kunal Shah.
Who are the founders of Blitz
LV
Loic Veillard
Founder and CTO
Competitors Overview
Blitz operates in the no-code platform market, enabling teams to build custom internal applications without programming skills. Its main competitors include:
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Everstage: Focuses on driving business outcomes through sales incentives, emphasizing the potential of sales commissions as a revenue lever. It has a high user rating of 4.8.
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QuotaPath: Offers a commission tracking and sales compensation management solution that simplifies manual calculations and provides accurate earnings data, rated at 4.6.
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Performio: Designed for mid-market and enterprise businesses, it addresses the need for flexible incentive compensation management, with a rating of 4.3.
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QCommission: Provides both cloud-based and on-premise solutions for calculating sales commissions, catering to small to midsize businesses and larger enterprises, rated at 4.4.
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Commissionly: A cloud-based solution tailored for various industries, including insurance and financial services, focusing on automating commission calculations, with a high rating of 4.9.
Notable differences include Everstage's strong emphasis on leveraging sales commissions for business outcomes, while QuotaPath and Performio focus on simplifying processes and providing flexibility, respectively. Commissionly stands out with its industry-specific solutions.
Market Focus
Blitz primarily focuses on the no-code development industry, enabling operations and product teams to create custom internal applications without the need for programming skills.
Business Model
Subscription-based revenue model with potential for in-app purchases and premium features.
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