When was Locofy founded?

Locofy was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Locofy located?

Locofy is headquartered in Singapore, Singapore.

Who is the current CEO of Locofy?

Honey Mittal of Locofy. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Locofy associated with?

Locofy is associated with LOCOFY PTE. LTD..

How many employees does Locofy have?

As of Mar 31, 2026, the latest employee count at Locofy is 27.

Is Locofy a funded company?

Locofy is a funded company, having raised a total of $7.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 22, 2022.

When was the latest funding round of Locofy?

Locofy's latest funding was a $***** Seed round on May 15, 2023, with participation from 9 investors.

Where does Locofy rank among its competitors?

Locofy ranks 9th amongst 78 active competitors, of which 15 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Anima, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Locofy?

Locofy's top competitors include Qt Group, thesys and Kombai. Among them, Anima secured the most recent funding round in February, 2026.

Locofy - 2026 Company Profile, Team, Funding & Competitors

Locofy is a seed company based in Singapore (Singapore), founded in 2021 by Honey Mittal. It operates as a Platform offering low code web application development software. Locofy has raised $7.3M in funding from Northstar Ventures. The company has 78 active competitors, including 15 funded and 3 that have exited. Its top competitors include companies like Qt Group, thesys and Kombai.

Company Details

Platform offering low code web application development software. The platform helps to convert the design into front end code. It provides production ready code for mobile and web applications and thereby helps to focus on complex problems. It offers pre built drag and drop components to build mobile and web applications. It helps to feed real data into the application as it supports spreadsheets, tables, databases. It provides a prototype that runs on code without the need to write a code.

Website: www.locofy.ai/
Email ID: *****@locofy.ai

Key Metrics

Founded Year

2021

Location

Singapore, Singapore

Stage

Seed

Total Funding

$7.3M in 2 rounds

Latest Funding Round

Seed, May 15, 2023, $*****

Investors

Northstar Ventures & 10 more

Ranked

9^th among 78 active competitors

Employee Count

27 as on Mar 31, 2026

Similar Companies

thesys & 86 more

View Locofy's full profile

Locofy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LOCOFY PTE. LTD. CIN: 202106674K , Singapore, Active	Dec 31, 2020	-	-

Locofy has raised a total funding of $7.3M over 2 rounds. Its first funding round was on Mar 22, 2022. Its latest funding round was a Seed round on May 15, 2023 for $*****. 9 investors participated in its latest round. Locofy has 9 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Locofy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 15, 2023	5830143	Seed	4688169	1461836	6202925	3843050
Mar 22, 2022	3316096	Seed	1552955	9782827	8255390	Accel & 3 more

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View details of Locofy's funding rounds and investors

The founders of Locofy is Honey Mittal. Honey Mittal is the CEO of Locofy.

Here are the details of Locofy's key team members:

Honey Mittal: Co-Founder & CEO of Locofy. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address

Locofy's Board of Directors

Locofy's board has 2 active members. Honey Mittal and Sohaib Muhammad are part of team.

Here is the list of Locofy's board of directors:

Name	Type	Representing	Status	Duration
Honey Mittal	Team	-	Current	5y 1m
Sohaib Muhammad	Team	-	Current	4y 9m

View details of Locofy's Founder profiles and Board Members

Locofy's employee count trend

Locofy has 27 employees as of Mar 26. Here is Locofy's employee count trend over the years:

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Top competitors of Locofy include Qt Group, thesys and Kombai. Here is the list of Top 10 competitors of Locofy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Qt Group 1995, Helsinki (Finland), Acquired	Developer of cross-platform software development tools and quality assurance solutions	$6.7M	Index Ventures, Northzone & 4 others	61/100
2nd	thesys 2023, San Francisco (United States), Seed	Design suite for GenAI software	$4M	Together, 8VC	56/100
3rd	Kombai 2022, Pune (India), Seed	AI powered design-to-code solutions	$4.5M	Foundation Capital, Stellaris Venture Partners ... & 1 others	54/100
4th	Anima 2015, New York City (United States), Series B	Cloud based platform offering solutions for automated prototyping	$12.6M	MizMaa, Hetz Ventures & 8 others	54/100
5th	DhiWise 2021, Surat (India), Series A	Platform offering design to code converter solution	$9.96M	Angel List, India Quotient & 15 others	52/100
6th	Flowstep 2023, Tallinn (Estonia), Seed	AI based platform for designers to develop user flows and designs	$4.45M	Supernode Global, Tera Ventures & 9 others	51/100
7th	Galileo AI 2022, San Francisco (United States), Acquired	Platform offering UI design tools	$4.4M	Khosla Ventures & 8 others	50/100
8th	Uizard 2017, Copenhagen (Denmark), Acquired	Cloud-based solutions for converting design to code	$18.6M	7percent Ventures, Insight Partners & 13 others	48/100
9th	Locofy 2021, Singapore (Singapore), Seed	Platform offering low code web application development software	$7.3M	Dropbox, January Capital & 9 others	45/100
10th	Figr 2023, Bengaluru (India), Seed	Provider of AI-powered UI design and workflow tools	$2.5M	Kalaari Capital, Antler & 8 others	45/100