Dragonera is a tech development service based on Artificial Intelligence (AI), combining machine automation with real-life human talent to help users build their product or software faster. It accelerates the generally long delay between an initial idea to when an early version of a product is launched, relying on AI and micro-services – standalone pieces of code that can be shared among different designs and can account for up to 70% of a final product. By combining this with human talent, Dragonera is able to deliver prototypes and final products “at a fraction of the cost and in a fraction of the time”.
How they’re disrupting
Dragonera is promising to cut the time it takes to get a product to market. Their timeframe for a fully-functional product varies from between two to six weeks, which is significantly lower than the speed of traditional development methods. During the process, the client is able to monitor the progress of the product and can be involved in the architecture and design should they wish.
Worldwide, software development is worth almost $500 billion. Whilst the average cost of a software development project is around $150 thousand, costs are typically difficult to estimate, and the majority significantly go over their original budgets. Any solution that closes the gap between estimated cost and the actual cost is a huge and valuable game-changer for businesses across all sectors.
Investments and future
Dragonera has raised $3 million in seed funding from venture capital fund Singulariteam. Dragonera is an ambitious start up with eyes clearly on gaining a global market for their services.