Fundraising Fox

AppGyver

Acquired

San Francisco, US · Founded 2011 · Delaware corporation · 55 employees on LinkedIn · 3 known investors

AppGyver is a no-code platform for building web and mobile applications with visual development tools and cloud backend functions. It serves businesses and development teams seeking to create applications without writing code.

Also known as AppGyver Composer · AppGyver Oy · SAP Build · SAP Build Apps

Founders & leadership

AppGyver was founded in 2011 by Marko Sakari Lehtimaki.

MS
Marko Sakari LehtimakiFounder
HS
Henri Samuel VahakainuExecutive

Board

POPatrik Olof Backman
Patrik Olof BackmaninBoard Member2014–2021General Partner at OpenOcean
TMTommi Markus Uhari
Tommi Markus UhariinBoard Member, Chairman2017–2021Founding Partner at Karma Ventures
KS
KRISTIAN SEGERSTRALEBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$2.5M disclosed across 2 rounds · 2014–2016

$2MraisedJan 2017 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Patrik Olof BackmanDirector
  • Henri Samuel VahakainuExecutive Officer
  • Tommi Markus UhariDirector
  • Marko Sakari LehtimakiExecutive Officer, Director
Offering amount
$3.5M
Amount sold
$2M
First sale
Dec 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$450KraisedMar 2014 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • HENRI SAMUEL VAHAKAINUDirector
  • KRISTIAN SEGERSTRALEDirector
  • MARKO SAKARI LEHTIMAKIExecutive Officer, Director
Offering amount
$450K
Amount sold
$450K
First sale
Mar 2014
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

AppGyver is a no-code/low-code visual development platform for building web and mobile applications without writing code. Its tooling, marketed under names including AppGyver Composer and Composer Pro, provides a drag-and-drop user interface builder, a separate visual logic canvas for wiring actions and commands to interface elements, a device-preview canvas covering phone and tablet form factors, a theme engine, over 500 composable components, animation and adaptive design settings, and access to native device capabilities and sensors. Applications can be published as native apps to the Apple App Store and Google Play or as browser-accessible web apps. Data connectivity is provided through REST APIs and marketplace integrations, including SAP ERP systems and the SAP Cloud API.

The company began as a mobile app prototyping tool rather than a full app builder, aimed at designers and product managers who wanted to convert existing wireframes, mockups or Photoshop files into interactive prototypes, with hardware-accelerated animations and native navigation UI. It later broadened into a professional no-code platform covering the wider app development lifecycle.

Following SAP's acquisition in 2021, AppGyver's technology was folded into the SAP Business Technology Platform and the product was rebranded SAP Build, described on the company site as full-stack visual development with cloud functions for backends, integration with SAP solutions and team co-creation. A free AppGyver Community Edition remains available and functions largely as an entry point to SAP Build Apps; third-party reviewers note it lacks templates and autosave, offers limited non-SAP third-party integrations, and has seen minimal updates since the acquisition.

Founding story

Founders Marko Lehtimaki and Henri Vahakainu built the original prototyping tool for internal use at their previous business, which developed mobile applications for clients. Pitching app concepts to brands required designers to assemble mockups that still failed to convey how an app would feel to use, prompting the team to build a tool that could turn wireframes, mockups or Photoshop files into interactive prototypes in minutes. The tool was later spun out as a standalone product.

Business model

Software platform offered under a freemium model: a free community tier for individual builders alongside paid and enterprise licensing, with more advanced capabilities available through SAP's commercial products. Historically the standalone product sold monthly subscriptions to designers, product managers and startups, with premium tiers unlocking features such as action chaining and project downloads.

Subscription licensing. Early pricing began at $9 per month for premium tiers and $39 per month for higher tiers with features such as action chaining and project export, alongside a free version; approximately 5% of early beta testers converted to paid plans. More recently the Composer Pro tier is described as free, with an enterprise license priced at roughly €10 per developer per month, and expanded functionality sold through SAP.

Traction

During an eight-week private beta in early 2013 the platform had about 2,000 testers, including large and small agencies and startups, with roughly 5% of early testers converting to paid users; the team numbered seven at that point. The company's investor exit was realized through SAP's 2021 acquisition, financial terms of which were not disclosed.

Latest developments

The AppGyver website now presents the product as SAP Build, offering visual construction of web and mobile apps, backends via cloud functions, SAP integrations and team collaboration, with a free tier available for sign-up. A 2025-2026 competitor review reports that the AppGyver Community Edition remains free but has received minimal updates since the SAP acquisition and serves largely as an on-ramp to SAP Build Apps.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Described as a pioneer in no-code development platforms and, in vendor materials, as the world's first professional no-code platform. Within SAP it broadened the company's no-code capabilities alongside the low-code offering provided by SAP partner Mendix, and became part of the SAP Business Technology Platform and the RISE with SAP package. Third-party reviewers compare it with no-code app builders such as Adalo and Glide.

Positioned as a professional-grade no-code platform spanning multiple form factors including mobile, desktop, browser and TV, with pixel-level design freedom, native performance and device access, hundreds of logic functions, a theme engine and a large component library. In its early prototyping phase, the product differentiated on speed and ease relative to DIY app builders and prototyping services such as Justinmind, and on hardware-accelerated animations and native navigation UI. Post-acquisition, deep integration with the SAP ecosystem is its defining characteristic; reviewers describe this SAP-centric approach as a limitation relative to platforms with broad third-party integration marketplaces.

Technology

Visual development environment combining a drag-and-drop UI canvas with a logic canvas for composing app behaviour, supporting animations, custom fonts, adaptive design across screen sizes, sensors, file operations, data functions, permissions and user input handling. It offers over 500 components that users can compose and share, a theme engine, native performance with access to device capabilities, REST API connectivity and marketplace integrations, plus SAP-specific connectivity to ERP systems and the SAP Cloud API. Under SAP Build the platform adds cloud functions for backend creation.

Go-to-market

Self-service sign-up with a free tier and short in-product tutorial videos for onboarding, supported by documentation, a community forum and a showcase of user-built apps. Early adopters included design and development agencies and startups using the tool to demonstrate concepts to investors and media. Enterprise adoption now runs through SAP, with customers directed to SAP Build Apps and SAP sales for advanced capabilities.

Businesses and development teams building internal business applications, particularly organizations already in the SAP ecosystem; also companies and developers distributing business-to-business and business-to-employee apps. The earlier prototyping product targeted designers, product managers, agencies and startups.

Geography

Headquartered in San Francisco in its early years; the acquired entity is AppGyver Oy, and the acquirer SAP is a German enterprise software company. Investor Karma Ventures is a member of the Estonian private equity and venture capital association.

History

The company was started around 2010-2011 by Marko Lehtimaki (CEO) and Henri Vahakainu, with a third founder, Jeff Alonzo, also named in one source. The prototyping product was initially an internal tool for the founders' earlier business, which built mobile applications for clients, and entered private beta in December 2012 before its public introduction in March 2013. By early 2013 the San Francisco-based company had seven employees and roughly $600,000 raised from angels, friends, family and the founders, and was raising a seed round to expand beyond prototyping. The platform evolved into a professional no-code app builder, and in February 2021 SAP acquired AppGyver Oy, an exit for investor Karma Ventures; the product was subsequently rebranded SAP Build.

Risks & controversies

An independent competitor review characterizes AppGyver as a declining platform with minimal product updates since the SAP acquisition and an uncertain future, and flags functional gaps including the absence of templates and autosave and limited access to non-SAP third-party integrations such as Zapier and Google Sheets. The same source notes the review is published by a competing vendor. Founding-year and founder details differ between sources.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Beta tester conversion to paidMar 20135%
Enterprise license priceJan 2026around €10 per developer per month
Entry paid plan priceMar 2013$9
Funding raised to date (angels, friends, family, founders)Mar 2013$600K
HeadcountMar 20137 employees
Higher-tier plan priceMar 2013$39
Prebuilt components in ComposerJan 2026500 components
Private beta testersMar 20132,000 users

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through AppGyver went on to found or lead other companies.

Competitors · 3

by search overlap

Companies competing with AppGyver for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jan 2022
AppGyver rebranded as SAP Build

The AppGyver website states AppGyver is now SAP Build, offering full-stack visual development including web and mobile app building, cloud functions backends and integration with SAP solutions.

source ↗

Feb 2021
SAP acquires AppGyver Oy

SAP acquired no-code development platform AppGyver Oy; AppGyver's solutions became part of SAP Business Technology Platform, complementing SAP's low-code offering provided by partner Mendix. The purchase price and other financial details were not disclosed. The deal marked the third exit for investor Karma Ventures.

source ↗

Mar 2013
AppGyver raising seed round to expand beyond prototyping

The company stated it was raising a seed round with plans to expand from app prototyping to tools covering the whole app development lifecycle.

source ↗

Dec 2012
AppGyver mobile app prototyping tool enters private beta

AppGyver began private beta testing of its mobile app prototyping product in December 2012, after previously using the tool internally for client app development work.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
AppGyverDelaware

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does AppGyver do?
No-code visual development platform for web and mobile apps, acquired by SAP in 2021 and rebranded as SAP Build.
Who founded AppGyver?
AppGyver was founded by Marko Sakari Lehtimaki in 2011.
Who are AppGyver's investors?
AppGyver's investors include Initial Capital, OpenOcean, Karma Ventures.
How much funding has AppGyver raised?
AppGyver has disclosed $2.5M raised across 2 rounds.
Where is AppGyver headquartered?
AppGyver is headquartered in San Francisco, US.