Iterate.ai, a leading innovator in low-code platforms for AI application development, has successfully raised $6.4 million in fresh funding. This milestone round includes participation from Auxier Asset Management, Peter Cobb, Mike Edwards, and Dave Zentmyer, underscoring strong investor confidence in the company’s AI-driven mission. The funding was spearheaded by CEO Jon Nordmark, who continues to champion a new era of agile enterprise innovation.

---

Empowering Enterprises with Low-Code AI Solutions

Iterate.ai has made a name for itself by offering a low-code, drag-and-drop development environment that empowers businesses to build AI-powered apps quickly, securely, and at scale. Their platform enables non-technical users and technical teams alike to innovate faster by eliminating traditional bottlenecks in app development.

At the heart of their ecosystem is Iterate.ai’s Interplay, a low-code environment that enables rapid deployment of machine learning, natural language processing, computer vision, and blockchain technologies without needing to write complex code. This capability is essential for large enterprises seeking digital transformation without dependency on high-cost developer resources.

The trend is accelerating globally: according to Gartner, by 2026, 80% of technology products and services will be built by non-technical professionals, largely due to the rise of no-code/low-code tools. Additionally, Forrester estimates that the low-code development market will reach $48 billion by 2027, as enterprises increasingly prioritize faster, iterative innovation cycles.

---

Why This Funding Matters Now

The enterprise software landscape is undergoing a seismic shift. As organizations race to integrate AI, the shortage of skilled developers and data scientists continues to be a bottleneck. Iterate.ai solves this by democratizing access to cutting-edge tools, offering enterprise-grade AI innovation without the typical development drag.

According to Grand View Research, the global low-code development platform market is expected to reach $35.2 billion by 2030, growing at a 22.9% CAGR. In parallel, enterprise AI adoption is accelerating, with McKinsey reporting that 56% of organizations now use AI in at least one business function.

What many founders miss in this space is that the real unlock isn’t just offering speed - it’s offering speed without compromise on security or flexibility. Iterate.ai’s architecture is designed not just for scale, but for safe iteration inside complex corporate ecosystems. If your product needs constant customization to serve each new client, it’s not scalable - it’s consultancy in disguise. Iterate proves that the winning platforms are those that combine low-code simplicity with modular backend extensibility, allowing enterprises to plug in proprietary logic or compliance features without rewriting the core stack.

---

The Team Behind the Vision

Led by veteran entrepreneur Jon Nordmark, Iterate.ai boasts a dynamic team of AI researchers, developers, and enterprise strategists. Nordmark, known for founding eBags and leading it through a successful acquisition, brings deep retail and tech expertise into Iterate’s enterprise approach.

The team’s culture blends technical depth with creative agility - a vital balance for navigating today’s rapidly shifting enterprise priorities. The photo released alongside the funding news showcases a diverse, energetic group united by one mission: to simplify the adoption of AI at scale for enterprises around the globe.

---

Industry Outlook: Enterprise AI Is Entering a Rapid Deployment Phase

AI is no longer a moonshot project confined to innovation labs - it’s becoming core infrastructure. Enterprises are increasingly looking for ways to operationalize AI faster, without having to overhaul their legacy systems or build costly in-house teams.

According to PwC, the potential contribution of AI to the global economy could reach $15.7 trillion by 2030, with $6.6 trillion coming from increased productivity and $9.1 trillion from consumption-side effects. This means the race is on for enterprises to capture these gains - and those who can deploy AI without massive internal investments will have a clear advantage.

Iterate.ai’s tools directly address this need by integrating seamlessly with existing enterprise environments while offering the scalability, security, and flexibility modern businesses demand. The platform is already trusted by leading brands in retail, healthcare, logistics, and finance - industries where speed and data-driven decisions are paramount.

Moreover, as regulatory frameworks tighten around AI usage, Iterate.ai’s secure-by-design architecture gives it a competitive edge, ensuring companies can innovate responsibly without sacrificing compliance.

---

What’s Next for Iterate.ai?

With the fresh $6.4 million in funding, Iterate.ai plans to expand its enterprise partnerships, accelerate product innovation, and double down on AI research and development. The team also aims to scale their customer success and onboarding programs, ensuring more enterprise teams can implement AI solutions within weeks - not months.

There’s also strong indication that Iterate will expand its pre-built component library, making it even easier for enterprises to drag, drop, and deploy complex applications across departments. From predictive analytics in retail to AI-powered chatbots in customer service, the use cases are broad - and Iterate.ai is ready to lead the way.