The rise of cool APIs

API startups are hot. With the rise of Twilio, the near-acquisition of Plaid, and the surge of recent startups in the space, it’s clear that tomorrow’s tech companies will be powered by external APIs, each responsible for outsourcing a different piece of infrastructure. In this piece, Gil Feig (Co-Founder at Merge) and Julianna Lamb (Co-Founder at Stytch) discuss some of the most important trends seen across rising players in the API space.

Announcing our seed round

We raised a $6 million seed round led by Benchmark in the summer of 2020. We’re excited to be working with Chetan Puttagunta, who’s joined our Board of Directors. Index Ventures participated in the round, along with angels including William Hockey, Dylan Field, Mahmoud Abdelkader, Elad Gil, Amber Feng, Lenny Rachitsky, and Jeff Morris Jr.