Anything that makes users get things done quickly or required is called on-demand service in the mobile app development world. This on-demand app offers fast and convenient procedures and makes a few dollars in return. Now, some people have some great ideas for bringing a high revolution in the market. However, the lack of finance is the main reason to get started with their app idea.
If you want to get started with your mobile application idea but find it challenging to get support from mobile app investors. They often invest their money in people’s mobile app ideas that can bring great results and fantastic popularity. Here are some on-demand apps of different sectors that received funding from app investors and made their dream app idea a reality.
Some sectors where on-demand apps received funding
- Health sector
- Retail and Commerce
#1 – Health sector
Echo is medication management that helps you manage your medication and order repeat prescriptions for delivery. It is available to all NHS providers. The app also alerts you when you need to take medicine. Having launched the app in November, London-based Echo is backed by its recent £1.8 million seed round led by LocalGlobe, with support from Global Founders Capital.
PeerWell is a surgery preparation app that improves the results of surgery and speeds up recovery. This app raised $2.1 million in seed funding for its healthcare app PreHab. Currently, focused on hip and knee replacement patients, funding will help develop PreHab programmers for other significant procedures. If you need reliable on-demand app development services, contact an experienced mobile app developer for Android and iOS platforms.
Quealth is an app that guides users through lifestyle change behaviors to reduce the risk of non-communicable but sometimes preventable diseases. These diseases, including type 2 diabetes, cardiovascular disease, COPD, dementia, and six forms of cancer. Established 500 company Reinsurance Group of America invested more than $4 million in Roadtohealth, developers of award-winning digital health coach app Quealth.
# 2 – Retail and Commerce sector
The largest mobile marketplace in the US, OfferUp secured $119 million of funding in a round led by Warburg Pincus. This online mobile-first C2C marketplace with an emphasis on in-person transactions. This is competing with businesses like eBay, Craigslist, and Facebook Marketplace.
GOAT is the online global marketplace for the most excellent products from the past, present, and future. This sneaker reselling app raised $5 million in funding to drive its international expansion. Matrix Partners led the investment round with support from this app’s existing investors Web investment network and upfront ventures. It brings the app startup’s funding total to $12.6 million.
#3 – Education sector
Aceable is a driving education app, raised $4 million to accelerate its growth into new markets. This app ranks as one of the highest-grossing in the App Store and Google Play education category.
Investors poured $50 million of fresh funding into BYJU, one of the largest education technology companies, to increase its learning app internationally. The investment quickly follows the $75 million funding round by BYJU closed in March.
#4 – Financial sector
Active.ai is a fintech startup that raised $3 million in funding. It develops AI-powered virtual assistants/chatbots for financial service institutions and banks.
A personal finance app, Albert provides free financial advice, raised $2.5 million in seed funding from investors, including 500 startups and 500 Fintech. It is available in iOS and Android versions.
A money management and banking app aimed at millennials, Loot raised an additional £2.5 million from investors, including Speedinvest. It comes just five months after closing its £1.5 million Series.
The Final Thought!
If you are a startup and want to make a mark in the market, several mobile app investors are available in the market to support you. However, for that, you need on-demand apps that got funding. Many apps are available in the market that have already received generous grants and are growing significantly.
Want to get started with the on-demand app and the idea for getting investments? Get in touch with a reliable mobile app development company. They will help you get funding for your project ideas and finished apps.