Anything Hits $100M Valuation with AI-Powered App Development Tools
Startup Anything Valued at $100M After $11M Funding Round
As competition heats up in the "ambient coding" (AI-driven application development) space, startup Anything has announced an $11 million funding round, valuing the company at $100 million. The round was led by venture capital firm Footwork, with participation from Uncork, Bessemer, and M13, signaling strong investor confidence in next-gen AI development tools.
The Rise of Ambient Coding
The funding reflects explosive growth in the ambient coding market. Swedish company Lovable achieved $100 million in annual recurring revenue (ARR) within just 8 months, while Replit saw its ARR skyrocket from $2.8 million to $150 million in under a year. However, as noted by Footwork partner Nikhil Basu Trivedi, most platforms struggle to move beyond prototypes to deliver production-ready software.
Anything's Full-Stack Solution
Founded by ex-Google engineers Dhruv Amin and Marcus Lowe, Anything positions itself as the "Shopify of ambient coding." Unlike competitors relying on third-party databases like Supabase, Anything built its entire infrastructure in-house—a decision that took time but now provides seamless end-to-end functionality including databases, storage, and payment systems.
"Our goal is empowering non-technical users to transform prototypes into profitable products," Amin told reporters. The strategy shows promise: within two weeks of launch, Anything reached $2 million in annualized revenue. Users have already deployed functional apps on the App Store, including habit trackers and virtual hair styling tools—some already generating income.
Market Differentiation and Future Outlook
While competitors like Mocha and Rork develop similar infrastructures, Anything's rapid traction suggests its model resonates commercially. Basu Trivedi notes: "There's massive demand for diverse app development solutions."
The funding will accelerate product development as Anything aims to lead ambient coding into a more mature phase—one where ideas reliably become viable businesses.
Key Points:
- 🚀 $11M funding round values Anything at $100M
- 💡 Solves key industry pain point: moving from prototypes to production
- ⚙️ Full-stack approach differentiates from API-dependent competitors
- 📈 Hit $2M annualized revenue within two weeks of launch
- 🔮 Potential to redefine commercial viability in ambient coding