Sequoia’s Surge co-leads $4.5m round of 🇦🇺 no-code platform

Australian no-code platform Checkbox has raised US$4.5 million in a pre-series A funding round led by Tidal Ventures and Surge, Sequoia India’s scale-up program.

Checkbox founders James Han (left) and Evan Wong / Photo credit: Checkbox

Checkbox is a no-code platform that allows legal, human resources, as well as risk and compliance teams to create apps that automate high-volume, low-value expert tasks, helping firms focus on strategic work and producing higher value.

“We see an enormous global market opportunity for tools that help expert knowledge workers build their own automation software without needing to code,” said Andrea Kowalski, general partner at Tidal Ventures.

The latest fundraise comes against the backdrop of a surge in the number of Asia Pacific-based low-code development platforms – the market for which is poised to grow at a compound annual growth rate of 27.1% by 2026.

Checkbox was founded by Evan Wong, an ex-management consultant at KPMG Australia, and James Han, former vice president of consulting at 180 Degrees Consulting.

See also: Singapore no-code platform for robots cuts automation costs by half

Checkbox will use the latest investment to expand its operations in Australia and Southeast Asia, ramping up hiring in these regions. It will also use a significant part of the funds to formally open an office in the US and hire local sales and marketing resources.

The capital will also fuel its research and development and aid the introduction of a product-assisted growth strategy.

The company’s offers services to organizations like Allianz, Telstra, Air New Zealand, PwC, Coca-Cola Europacific Partners, and Invisalign. Enterprises and government agencies in Australia, New Zealand, Asia, and the US also use the no-code platform’s services.

Checkbox is part of Surge’s sixth cohort of 20 companies, which received a total funding of US$60 million from the accelerator and its co-investors.