Component
SeedAutomate your paperwork
No-code platform that automates paperwork workflows for onboarding and reporting.
About
Component is a no-code platform designed to streamline paperwork workflows. It enables users to stitch together multi-step workflow processes and share links with stakeholders to complete tasks. The platform maps form responses directly to PDFs, eliminating traditional download-fill-upload cycles. Founded in 2022 by Bani Singh — who previously built WaitlistAPI, a no-code waitlist platform that powered over 1 million sign-ups and became #1 Product of the Day on Product Hunt — Component targets businesses drowning in manual onboarding paperwork and reporting processes. The company raised seed funding backed by Ludlow Ventures and the co-founders of Honey (acquired by PayPal for $4B in 2020).
DailyDropout Take
Component caught our eye as a focused, no-code solution to a universal pain point — paperwork. Built by Bani Singh, who already proved her product instincts with WaitlistAPI (#1 Product of the Day on Product Hunt, 1M+ sign-ups), Component strips away the tedious download-fill-upload cycle by mapping forms directly to PDFs in multi-step workflows. With backing from Ludlow Ventures and the Honey co-founders, it's a lean bet on automating one of the most underserved corners of business operations.
Discovery signal: Repeat founder with proven product instincts (WaitlistAPI success), backing from Ludlow Ventures and Honey co-founders, targeting large underserved market of manual paperwork processes.
What Makes Them Unique
Component uniquely combines form-to-PDF mapping with multi-user workflow orchestration in a no-code builder, letting non-technical teams automate complex paperwork processes that typically require manual document handling or expensive enterprise software.
Seed
Stage
Target Markets
Founders
Bani Singh
Founder & CEO
Indian-Norwegian entrepreneur who grew up in Norway and attended Minerva University in San Francisco at age 17. Previously built WaitlistAPI, which powered over 1 million sign-ups and became #1 Product of the Day on Product Hunt. Also founded Limited, a marketplace for alternative sales formats.
Funding History
Lead: Ludlow Ventures
Investors
Firms
Individual Investors
Co-Founder, Honey
Co-Founder, Honey