Oslo’s Riff Secures €14 Million Series A to Expand Enterprise Vibe Coding Platform

Major Funding Round for Vibe Coding Platform

Oslo-based technology company Riff has reportedly secured €14 million in Series A funding to scale its enterprise-ready vibe coding platform, according to recent reports. The funding round was led by Northzone with participation from Skyfall Ventures, Maki.vc, Sondo Capital, Global Founders Capital and new investor Illusian, led by Supercell founder Ilkka Paananen. Sources indicate this investment brings Riff’s total funding to €18.4 million since its founding in 2021.

Major Funding Round for Vibe Coding Platform
Addressing the AI Implementation Gap
Enterprise Adoption and User Growth
Leadership and Investor Perspectives
Market Position and Future Outlook

Addressing the AI Implementation Gap

Analysts suggest that while AI-powered tools have proliferated in recent years, a significant implementation gap remains. According to an MIT study referenced in the report, approximately 95% of AI initiatives fail to reach production. Riff aims to address this challenge by combining intuitive design with robust infrastructure, enabling users from small business owners to enterprise operators to create functional AI applications without writing code.

The platform provides templates, expert guidance and pre-built playbooks that allow non-technical professionals to build data-heavy, production-ready applications. Industry observers note that while most vibe coding tools support experimentation, they often struggle with the complexity and scalability required for real business deployment.

Enterprise Adoption and User Growth

Company reports indicate Riff’s latest version has already attracted more than 150,000 users. Major organizations including Twilio and Cognite reportedly use the platform to optimize internal operations across multiple sectors, including manufacturing, financial services, logistics, healthcare and consumer goods.

According to the company‘s statement, Riff is introducing new features aimed at helping businesses launch AI applications, agents and automations more efficiently, though specific details about these enhancements remain undisclosed.

Leadership and Investor Perspectives

“It’s really inspiring to see what people are achieving with Riff,” said Trygve Karper, CEO and Co-founder of Riff, according to the company’s announcement. “Many come to us after weeks stuck in limbo after having been promised the moon on hyped products. Having created modular building blocks that drive immediate value, our builders taste success out of the gate.”

Michiel Kotting, Partner at Northzone, added in the statement: “Vibe coding is ushering in a transformational shift in software development, where anyone can create, launch, and maintain applications without having to be able to code. What makes Riff special in our mind is the relentless focus on providing doers with the ability to build tooling that works in production.”

Market Position and Future Outlook

Industry analysts suggest that Riff distinguishes itself in the crowded no-code/low-code market by focusing specifically on enterprise-grade applications that drive measurable business outcomes rather than prototypes. The platform enables teams to start with ready-to-go templates, integrate with existing tools and iterate to develop tailored AI-driven applications and automations without relying on large IT teams.

With the new funding, sources indicate Riff plans to scale its impact to thousands more users worldwide while continuing to enhance its platform’s capabilities for enterprise deployment. The company’s approach appears positioned to capitalize on the growing demand for accessible AI implementation tools that bridge the gap between experimentation and production-ready applications.

References

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