Barcelona-based Landbot, a’no-code’chatbot home builder, has bagged a$8M Series A led by the Spanish-Israeli VC company Swanlaab, together with support from Spain’s innovation-focused public company, CDTI. Previous investors Nauta Capital, Encomenda and Bankinter also participated in the round. We last chatted to Landbot back in 2018 when it

raised a$2.2 M seed and had 900+ consumers. It’s grown that to ~ 2,200 paying customers, with some 50,000 individuals now utilizing its tool( across both free and paid accounts ). Because its seed it’s also increased recurrent incomes 10x– and

is anticipating growth to keep stepping up, sustained by the brand-new funding. It states the coronavirus pandemic has supercharged demand for conversational landing pages as all sorts of services look for methods to automate higher volumes of digitally inbound consumer comms, without needing to make significant financial investments in internal IT. Landbot’s clients vary from SMEs to particular teams and items within bigger organisations, with the startup name-checking the likes of NestlĂ©, MediaMarkt, CocaCola, Cepsa, PcComponentes and Prudential among its customer lineup.”We are seeing strong traction from industries like eCommerce, Financial Providers and Marketing Agencies,”CEO & co-founder Jiaqi Pan

tells TechCrunch.”The ecommerce segment is one we have actually seen the most growth in since COVID-19, where we increased 2x the number & of customers from ecommerce industry. “The brand-new funding will be used to double Landbot’s group during 2021( presently it employs 40 individuals )– with hiring prepared across sales, marketing and engineering. The start-up, which launched its’no code’flavor of

chatbot home builder back in 2017, previously relocated HQ from Valencia to Barcelona to help with recruitment. Since Landbot’s launch, the blossoming’no code/low code’ movement has actually become

a totally fledged pattern driven by demand for productivity-and lead-boosting digital services overtaking most businesses’supply of expert in-house techies able to develop stuff. For this reason the increase of service-builder tools that make personalized tech capabilities accessible to non-technical personnel. The pandemic has merely poured more fuel on this fire– and low-friction tools like Landbot are clearly enjoying the benefits. Surprisingly, as well as competing with other conversational chatbot builders, like San Francisco-based ManyChat, Landbot states it’s seeing traction from clients who are seeking to replace web types with more appealing chat user interfaces. Its drag-and-drop chatbot home builder tool supports information employees to design what Landbot costs as “an immersive web

page experience filled with gifs and visual elements to record the attention of the end-user”– so you can comprehend the appeal for SMEs to be able to change their boring old static forms with an experience any smartphone user recognizes with from utilizing messaging apps like WhatsApp.”In regards to the main competitor in the no-code area, we have some overlap with ManyChat as the most direct competitor for Chatbot. On the other hand, as we have a lot of clients using us to replace their kinds we are competing also versus type builders like Typeform,”states Pan, the latter another Barcelona-based start-up which likewise costs itself as a platform for”conversational “and” interactive”information collection. Landbot notes it recently acquired India-based Morph.AI, a chat-based marketing automation tool, which it’s utilizing to help convert social, website and advertisement traffic into leads– also with the objective of additional expanding into existence in the Asian market. To date, 90 %of its consumers are worldwide, with 60%coming from the U.S., U.K. and Germany. Talking about the Series A in a statement, Juan Revuelta, basic partner of Swanlaab, said:”The charm of Landbot is in the drag and drop option of the item. The simplicity is vital to making this item available to everybody throughoutseveral kinds of service. If you’re a small business you do not have the luxury of time or money to fix issues in client service or run extravagant

marketing projects.”Landbot assists all businesses to have truly frictionless conversations with customers and exchange the information they require to make smarter decisions and scale. The team has had a remarkable 2020, and we’re delighted to support them in helping more companies this year. “Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.