Arengu
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
A low-code platform for API-connected user signup and onboarding.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Arengu is founded in A Coruna, Spain by Jacobo Vidal, Sergio Regueira and Pablo Castro: a low-code/no-code tool that complements existing identity providers, letting technical and non-technical users build complex signup and onboarding processes with a visual interface, multiple touch points, data enrichment and third-party integrations.
- First institutional investment
Kfund invests in Arengu, months after meeting the co-founders, betting on its vision of a low-code complement to existing identity providers.
- Acquisition
Okta, the online identity platform, acquires Arengu for between 10 and 20 million euros; the founding team and employees join Okta's engineering team, and Arengu's service ceases operation on June 30, 2023, with users reimbursed and client data available for recovery until July 31.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.