As competition in the "ambient coding" (AI-driven application and website building) field intensifies, a startup named Anything has announced a $11 million funding round, valuing the company at $100 million. This round was led by the renowned venture capital firm Footwork, with participation from Uncork, Bessemer, and M13, indicating strong market confidence in the next generation of AI application development tools.
The funding round is driven by the remarkable growth of the "ambient coding" market. In just this year, the annual recurring revenue (ARR) of the Swedish company Lovable reached $100 million within 8 months, while Replit's ARR soared from $2.8 million to $150 million in less than a year. However, as noted by Nikhil Basu Trivedi, a partner at the venture capital firm Footwork, the common challenge for these companies is that although they excel at generating prototypes, they struggle to provide users with complete, production-ready software infrastructure.
Anything was created to solve this problem. Founded by former Google colleagues Dhruv Amin and Marcus Lowe, Anything aims to become the "Shopify" of the "ambient coding" field. It not only provides AI-assisted application building features but also integrates everything users need to run their businesses online or publish their creations on the App Store, including databases, storage, and payment functions. Amin stated that their goal is to enable non-technical users to truly turn prototypes into profitable, fully functional products.
This strategy seems to be working. Within just two weeks of its launch, Anything's annualized operating revenue reached $2 million. Amin revealed that users have successfully used the tool to launch fully functional applications on the App Store, including habit trackers and hair "try-on" apps, some of which have already started generating revenue.
The success of Anything stems from its unique full-stack approach. Unlike most competitors that rely on third-party databases such as Supabase, Anything chose to build all of its infrastructure internally, although this took a long time, it provided users with a seamless end-to-end experience. Basu Trivedi expressed optimism, stating that there is a huge demand in the market for different types of application development products.
Although competitors such as Mocha and Rork are also building their own infrastructure, the rapid growth and successful funding of Anything indicate that its unique business model is gaining market favor and may lead "ambient coding" into a more mature and commercially viable new stage.
