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Builder.ai

AI softwareUK
💀 Dead / Bankrupt
Peak $1.2 BillionToday
~-100%
from peak
  1. 🦄
    Became a unicorn
    2023
  2. 📈
    Peak valuation
    $1.2 Billion ’23
  3. 💔
    Became a Unitard
    May 2025
  4. 💸
    Last valuation
    ~$0
Current status
Bankrupt May 2025; burned $445M

How it happened

Builder.ai was a UK startup promising AI-assisted, no-code app development, reaching a ~$1.2B valuation in 2023 with backing including Microsoft. Questions over its technology and finances, plus heavy cash burn (~$445M), led to its collapse, and the company entered insolvency/bankruptcy proceedings in May 2025, wiping out essentially all value.

Source: TechCrunch/Bloomberg