ToolJet, open-source low-code software for building internal tools, has raised $1.5 million in a seed round led by Nexus Venture Partners. Ratio Ventures, Better Capital, Alan Rutledge, and others have also joined the round.
According to the Bengaluru-based startup, it will use the funding for team expansion to ramp up the development of the core platform.
Founded in April 2021 by Navaneeth PK, ToolJet cloud offers a fully managed SaaS service starting at free for a “basic” plan. The enterprise edition of ToolJet ships with additional features, installation support, monthly software updates, and priority technical support.