Company Market Research Report: Locofy.ai

Company Overview

• Name: Locofy.ai

• Mission of the Company: Empowering designers and developers by bridging the gap between creative vision and technical execution, making the design-to-code process more efficient and user-friendly.

• Founded: 2021

• Founders: Honey Mittal and Sohaib Muhammad

• Key People:

• Honey Mittal - CEO

• Sohaib Muhammad - CTO

• Vidit Agrawal - Co-Founder

• Tien Nguyen - VP of Engineering

• Nick Jachowski - Head of AI

• Nguyen Kien - Head of Engineering

• Headquarters: Singapore

• Number of Employees: 2-10 employees

• Revenue: No information is available

• Known For: Locofy.ai is known for converting Figma and AdobeXD designs into frontend code seamlessly and offering AI-driven automated design-to-code transformation through their proprietary Large Design Models (LDMs).

Products

Locofy Lightning

• Description: An AI app builder that converts Figma and AdobeXD designs into high-quality, extendable frontend code, offering rapid design-to-code transformation for augmented efficiency.

• Key Features:

• Supports popular frameworks like React, React Native, HTML/CSS, Next.js, Gatsby, and Vue.

• Seamless integration with popular UI libraries such as Material UI, Bootstrap, Ant Design, and Chakra UI.

• Offers live prototypes rendered on code to enhance real-time collaboration and feedback.

• Provides granular controls over roles and permissions for secure team collaboration.

• Trained on millions of designs to ensure precise and efficient code generation.

Recent Developments

• Recent Developments:

• Launched Locofy Lightning, a tool designed to transform design files into responsive frontend code.

• Integrations with GitHub, Netlify, Vercel, and more to ensure a comprehensive development workflow.

• New Products Launched:

• Locofy Lightning, built on Locofy’s Large Design Models (LDMs), offering a one-click solution for transforming designs into code.

• New Features Added:

• Support for Figma Variants, On-premise deployment for larger enterprises, and Sass integration, enhancing customization capabilities.

• New Partnerships:

• Secured strategic partners and investors including Golden Gate Ventures and influential technopreneurs from Dropbox, Lottiefiles, and Zopim.

Additional Information

• Awards and Recognitions:

• Recognized as a 2023 Gartner Cool Vendor.

• Named IDC Top Innovator: GenAI Coding Assistants, 2024.

• Community & Customer Feedback:

• Widely praised for reducing development time by up to 80%, with multiple user testimonials highlighting significant enhancements in workflow efficiency and code quality.

• Future Plans:

• Expanding platform capabilities beyond design-to-code processes by integrating design systems and backend development tools.

• Developing an AI assistant for designers and plans for providing hosting and deployment services for full apps.

• Funding: Locofy.ai has raised $7.5 million, with significant investment from Accel and Northstar Ventures.

Locofy.ai continues to stand out in the design-to-code sector, offering unparalleled integration capabilities and fostering a collaborative environment for developers and designers to streamline the transformation of design concepts into executable code.