Microsoft makes strategic investments in Builder.ai, integrates its services into Teams

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Builder.ai tapped into a new wave of companies that wanted their native apps with a turnkey approach, accelerated by the rapid digitization of life during the pandemic. That led to a $100 million Series C funding round last year led by Insight Partners, bringing the firm’s total funding to $195 million.

It has now landed a strategic partnership with Microsoft, which includes an undisclosed equity investment in the startup. TechCrunch’s source indicates that the investment was “significant,” although we weren’t able to get anything more.

The collaboration will mean that the two companies will collaborate on AI solutions. Natasha AI builders will be available to Teams users and made available when looking to build apps and software. Microsoft’s second-quarter results showed that Teams reached more than 280 million monthly active users.

Builder.ais CEO Sachin Dev Duggal said in a statement, “From my first meeting with Microsoft to the moment we decided to collaborate more strategically, one thing was very clear: Microsoft’s commitment to helping everyone to unlock their true potential.

There will also be integrations between Azure OpenAI service and other Azure Cognitive Services with Builder.ais software assembly line and Microsoft Cloud and AI adoption, along with partnerships between Microsoft developer platforms.

We see Builder.ai create an entirely new category that empowers anyone to be a developer, and our new and deeper collaboration powered by Azure AI will bring the combined power of both companies to businesses around the world, added Jon Tinter, VP Corporate, Business Development, Microsoft.

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