Appfarm

Active#39 worldwide · No-code

Estimated valuation · No-code · Norway

No-code platform for building enterprise-grade business applications, sold directly and through consulting partners to large Nordic companies and public organisations.

Business software›No-code appfarm.io

HQNorway

Last roundGrowth round · Jan 2023

Estimated valuation

AI · No-code ranking (worldwide)

≈ USD 31MUSD 21–46M · Tens of M$

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Growth round · USD 6M · Jan 2023

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
No-code · worldwide	Top 46	#39	Edition 0 · Oct 2026	27 Apr 2027
Norway · all sectors	Radar	—	Edition 0 · October 2026	25 Nov 2026

Rank historyOct 2026 · #39 No-codeFirst edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Jan 2023	Growth round	USD 6M	Equity	Idékapital, Eviny Ventures, Arkwright X

NOK 60M.

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Appfarm as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $31MUndervalued or overvalued?

Versus competitorsHow does it compare?

Who should acquire itStrategic buyers, and why

Who should it acquireAcquisition targets, and why

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Analyses are the opinion of their authors, not of Uback. They are checked before publication.

Invest

Back Appfarm whether or not it has agreed: your intention joins the pool on Appfarm, passed to the Fundraising Desk of its country once it reaches critical mass. Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale.

Back Appfarm Or back business software in Norway

Pool on AppfarmBelow threshold

BackersBelow threshold

Paid intention · valid for life · movable until you sign with a partner desk. If the company does not follow up, Uback invites its Backers to move their intentions to a competitor or a similar company. Investing in non-listed companies carries a risk of losing all the capital invested.

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What the AI reads

Read by the AI at the next edition.

Comparable companies in no-code

Full no-code ranking →

Budibase#38United KingdomTens of M$Baserow#40NetherlandsTens of M$Definesys#37ChinaTens of M$ToolJet#41IndiaTens of M$

Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.