Tech
Y-Combinator-Backed CodeParrot Shuts Down
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SUMMARY
The Y-Combinator backed startup failed to sustain business due to excessive burn as well as a lack of further investment interest from VCs
Founded in 2022 by Vedant Agarwala and Royal Jain, CodeParrot was a developer focussed design to code tool which was using AI to convert components from Figma files or screenshots to production-ready code
With this, CodeParrot has become the second AI-focussed SaaS startup to shut shop in recent weeks after subtl.ai
“Startups are…
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