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A Single-Owner, Bootstrapped AI Startup Gets Acquired for $80 Million

  • Wix, an Israeli software company, acquired Base44, a bootstrapped AI startup, for $80 million.
  • Base44 offers an AI-enabled no-code platform for creating applications with natural language prompts.
  • Base44's founder, Maor Sholmo, is the sole owner and stated that the startup is profitable with $189k in profit last month.
  • Started nine months ago, Base44 has 250k users and only six employees, targeting B2B customers with a new Teams plan.
  • Sholmo believes Wix is the perfect fit to help Base44 scale while maintaining product velocity.
  • Base44 aims to enable people to create software instead of buying it.
  • The acquisition emphasizes the rising trend of no-code platforms, such as 'vibe coding'.
  • Lovable, a similar platform, helped a Brazilian startup generate $3 million in revenue in 48 hours.
  • The acquisition showcases the potential of no-code platforms in the creation and monetization of applications.

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