No-code tools went from niche workflow automation to proper software platforms. Investors who passed on early-stage visual builders in 2020 are now writing checks for Series B rounds. The market split into two camps: investors funding horizontal platforms like Zapier competitors, and those backing vertical-specific builders for industries like insurance or logistics. You need to know which camp you're pitching to.
Index Ventures: Led Airtable's Series F at $11B valuation in early 2024 and continues backing workflow automation platforms.
Accel: Backed UiPath through IPO and recently invested in process automation startups in Q3 2025.
Sequoia Capital: Early backer of Zapier and actively funding API integration platforms as of 2025.
Bessemer Venture Partners: Led Canva's growth rounds and invested in visual development tools throughout 2025.
Insight Partners: Backed Monday.com through IPO and continues funding workflow platforms.
Tiger Global: Led Retool's Series C and invested in internal tool builders in 2025.
Felicis: Backed Webflow's Series C and recently funded visual website builders in 2025.
Kleiner Perkins: Early investor in Figma and backing design-to-code platforms as of November 2025.
General Catalyst: Invested in Notion and recently backed database-as-interface startups.
Craft Ventures: Led Deel's rounds and funding HR workflow automation tools in 2025.
Point Nine Capital: Backed Typeform and continues investing in form builder and data collection platforms.
Unusual Ventures: Early-stage focus on vertical no-code tools for logistics and healthcare.
NFX: Backed community platform builders and funded creator economy no-code tools in 2025.
Balderton Capital: European focus, backed Contentful and recently invested in CMS platforms.
FirstMark Capital: Early Pinterest backer, now funding visual collaboration and design tools.
Lightspeed Venture Partners: Invested in internal tool builders and backed API platforms in 2025.
GGV Capital: Cross-border focus, backing automation platforms for manufacturing and supply chain.
SignalFire: Data-driven approach to workflow automation investments across multiple verticals.
Experience: Find investors who've backed companies through the transition from workflow automation to full platforms. Most early-stage VCs still think no-code is just about replacing spreadsheets.
Network: Check if they can intro you to enterprise buyers at companies actually using no-code tools. That matters more than connections to other VCs.
Alignment: Series A investors often don't understand Series B platform expansion needs. They'll push for feature velocity when you need to build proper developer tools.
Track record: Look at whether their no-code portfolio companies reached product-market fit or pivoted to low-code. Dead workflow automation startups are a red flag. Use Ellty to share your deck with trackable links. You'll see who actually opens your technical architecture slides.
Value-add: Ask what operational support they provide during enterprise sales cycles. Generic "we have a great network" answers are useless. Most VCs who claim no-code expertise backed one form builder in 2019 and haven't followed the market since.
The market matured past simple workflow automation. Investors now distinguish between horizontal platforms competing with Microsoft Power Apps and vertical-specific builders solving industry problems. Series B+ rounds hit record highs in Q1 2025 as enterprises deployed no-code tools beyond IT departments. The AI integration wave pushed valuations higher - investors want to see how your platform handles AI-generated components and agent workflows. Companies that can't explain their technical moat beyond "visual interface" struggle to raise.
Index led platform investments from seed through IPO and understands the transition from workflow tool to development platform.
Accel backed automation platforms through IPO and actively funds process intelligence and RPA startups.
Early Zapier backer who understands API integration economics and workflow automation unit economics.
Backed visual design platforms through growth stages and understands product-led growth in creative tools.
Growth equity focus on profitable workflow platforms with proven enterprise traction.
Moves fast on internal tool builders with strong developer adoption and usage metrics.
Early-stage focus on visual builders with product-led growth and strong founder-market fit.
Design tool heritage from Figma investment, now backing design-to-code automation platforms.
Backs database-as-interface platforms and understands the Notion-style collaboration market.
Focuses on workflow automation for HR and operations with proven ROI metrics.
European SaaS focus with expertise in form builders and data collection platforms.
Early-stage specialist in vertical no-code tools for logistics, healthcare, and field services.
Network effects focus on community platforms and creator economy no-code tools.
European leader in CMS and content platform investments with strong enterprise relationships.
Backs visual collaboration tools and design platforms with strong product-led growth.
Internal tool focus with recent investments in API-first platforms and developer tools.
Cross-border investor backing automation platforms for manufacturing and supply chain operations.
Data-driven approach to sourcing workflow automation deals across multiple verticals.
These 18 investors closed no-code deals from 2023 to November 2025. Before you start reaching out, set up proper tracking.
Upload your deck to Ellty and create a unique link for each investor. You'll see exactly which slides they view and how long they spend on your technical architecture. Most founders are surprised to learn investors skip their market size slides but spend 5+ minutes on API documentation and enterprise deployment sections.
When investors ask for more materials, share an Ellty data room instead of messy email threads. Your technical specs, customer contracts, and integration documentation in one secure place with view analytics. You'll know if they're actually reviewing your materials or just collecting decks.
How do I know if an investor is still active in no-code?
Check Pitchbook or Crunchbase for deals in the last 12 months. If their last no-code investment was in 2021, they've probably moved on to AI agents or vertical SaaS.
Should I pitch horizontal platform investors if I'm building vertical-specific tools?
No. Horizontal platform investors don't understand industry-specific workflows. Find investors who've backed vertical SaaS in your target industry instead.
What's the difference between seed and Series A no-code investors?
Seed investors want to see product-market fit with early adopters. Series A investors need enterprise contracts and proven sales motion. Don't pitch Series A metrics to seed funds.
How many no-code investors should I reach out to?
Start with 20-30 that match your stage and focus area. Track engagement with Ellty so you know who's actually interested versus collecting decks.
When should I set up a data room?
Before first meetings with Series A+ investors. They'll ask for technical architecture docs and customer contracts within 48 hours if they're interested.
Do investors actually look at workflow diagrams in pitch decks?
Yes, especially for no-code platforms. Use Ellty analytics to see which technical slides get attention. If they skip your architecture section, they probably don't understand the technical complexity.