Bootstrapped to date. Self-funded seed round $25,000
Competitors
Mobile Roadie, AppMakr
Product Description
AppWhirl lets anyone make their own mobile application in less than five minutes. AppWhirl manages app store submission, facilitates app updates and enables monetization through app purchases, advertisements or tip jars. We eliminate the barriers to entry for making mobile apps so anyone can make one.
Market Opportunity
The mobile apps market will be $20-30 billion by 2013 (Gartner). The long tail of mobile apps is roughly 20-30% of that, but the economics don't work because the cost of making apps outweighs the revenue generated in the long tail.