Brevity: Raises $2.75M in Seed Funding

Brevity Raises $2.75M in Seed Funding

  • Brevity, a Lehi, Utah-based next-gen no-code software company, raised $2.75m in seed funding
  • The round was led by Contrary Capital, which is backed by founders of Airbnb, Tesla, Facebook and many others
  • The company intends to use the funds to launch out of beta and expand its technical team
  • The company tackles thorny problems in no-code app development that can negatively impact business
  • Issues include app design and feature limitations, slow download speeds, and too much engineering time spent integrating apps and fixing bugs
  • Its software platform automatically custom codes apps behind-the-scenes
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...