Company News and Bootcamp Blog

What Types of Apps are Popular These Days with VCs?

Venture Capital (VC) is one of the most thriving sectors of the American economy these days, as VC investors are putting loads of money into new software applications and products in the hopes of finding the next big Amazon, Google or Facebook. 

Here are some of the sectors in technology that have gained a lot of traction in recent months from both VC firms and clients:

  • Food apps: It's difficult to argue with the wisdom of getting into the food business. After all, we aren't going to stop eating. As recently noted by TechCrunch, a number of apps have been created over the past few years that have sought to change the way that people buy, make and consume food. For example, NoWait, an app that allows users to text reservations into restaurants, raised a total of $10 million in VC funding from notable firms such as AlphaLabs, Drive Capital and Innovation Works. Another company, Posiq, has created a Customer Relation Management system for restaurants and has attracted $3 million in funds from SVG Partners.
  • Rideshare apps: You've probably heard of Uber, the company whose app lets you summon a car and driver right to your doorstep using your smartphone. What you may not have known is that Uber has raised a total of $1.5 billion in investments from many of the biggest VC companies, including Google Ventures, Menlo Ventures and Fidelity Investments. In addition, other apps have been trying to compete in the same sector, including Lyft and Hailo, both of which have received considerable VC funding as well.

Do you want to build the next big app that attracts attention from investors and revolutionizes the lifestyles of normal Americans? The best way to do this is to learn programming code so that you can build your own software and create new, exciting products. Check out The Coder Foundry's software coding classes today to find out if programming is in your future!