Codease
Date of Foundation
2020

Codease

low code software development platform

The Idea origin story

Codease is a groundbreaking platform optimizing application development through low-code technology. With features like form design, workflow and rule engines, it amplifies rapid software development while managing all corporate applications on one unified platform. This flexible system not only permits changes without interruption but also digitalizes business processes comprehensively reducing time and costs. Moreover, Codease eliminates the requirement for specific software developers - making innovation accessible to everyone

The Mission

To lead in low-code technology, provide advanced solutions, and promote rapid software development with cost & time efficiency.

Clients

corporate firms and SMEs

Problems we solve

Client’s problem

Codease, aims to solve the problem of complexity and time consumption in software development. It reduces unavoidable costs by enabling swifter application development without needing specialized developers, hence empowering SMEs and corporations.

Confirmation of problem

many businesses still rely on inefficient manual processes and high-cost software solutions, leading to increased operational costs and reduced productivity.

Solution

PitchBob’s recommendation: Codease enables low-code development, reducing programming time by 90% and costs by over 60%. All applications can be integrated onto a single management platform.

Our technologies

This solution is based on technologies

cloud, work flow engine, business process management, drag and drop

How it works

Codease operates both on-premises and in the cloud seamlessly, eliminating need for separate deployment, development and testing environments. It also features a multi-tenant architecture.

Value for the client

Codease transforms complex software dev into a simplified, cost-effective process. Enhance organizational agility, save time & money with low-code technology.

Market and strategy

Market size

500

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

Mustafa Teber

My key role in the product

My key role is global marketing and I'm responsible for expanding the brand reach, securing international partners, growing our cloud client base, and implementing AI technology.

Team size and key members

Consider adding a graphic designer for visual content, a data analyst for market insights, and an HR manager for team cohesion.

Competitors

Competitors

OutSystems, Mendix, Appian, Microsoft Power Apps

Our Advantages

Codease optimizes development with in-environment compilation and testing. It handles complex processes, allows simultaneous use and bugfixing thanks to potent version management. Performance is consistent across devices, including mobile platforms. Plus, it houses its own app market.

Business model

On-prem platform license, cloud platform license, project development on Codease platfrom, applications on Codease market, platform maintenance, application maintenance

Traction

We've expanded our partner network with sales and technical experts. Fresh applications now grace the Codease market, complementing our newly constructed website dedicated to app commerce. We’ve also enhanced application development ease and amplified platform performance.

We're progressing towards a global partner network, securing at least 200 cloud clients. We'll have an active developer community trading applications on Codease market and commence artificial intelligence integration work. Our monthly recurring revenue will reach $500,000 minimum.

Metrics

Product metrics: Active users spread across 10 firms. Customer Acquisition Cost (CAC) is $2500. Each customer's Lifetime Value (CLV) sits at a high of $100000 whilst Monthly Recurring Revenue(MRR)-$15000 & zero churn rate, indicating stable user retention.

Incorporation

Our company incorporated in

Istanbul Turkiye

Key risks

Difficulty in finding engineers with the experience and capability to develop this type of platform. Well-known, strong global competitors. Finding the right partners in the market to enter. AI adaptation.

Investments

$

0

We raised investments

Our Investors

There is no investor

Rising Investments

$

2000000

Currently, we are raising investments

$

20000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Envisioning a future where artificial intelligence creates software, leaving the complex analyses to human capabilities.

Growth