Superface, which uses APIs (Application Programming Interfaces) to connect programs in a split second, has raised €2.6M (CZK 65M) in a seed financing round. Eamonn Carey led the charge for Tera Ventures of Estonia.
Among the new investors in Superface in this round are Caesar Ventures, Quantum Angels, Startup Istanbul, and angel investors Nicolas Mohr, Michael Vath, and Siim Teller. The startup has also received further funding from Tensor Ventures and 42CAP.
The startup plans to add up to 20 new employees the next year, mostly in the fields of technology, product development, internet marketing, and business.
By incorporating open APIs that will be browsed, connected, and controlled by algorithms and AI in the digital world, Superface wants to concentrate on automation in the future.
Superface’s current database, which was developed in cooperation with a worldwide community of 1,200 developers, will be used to train the AI.
Mid-size and large businesses are now Superface’s new target market as a result of this most recent seed investment. These are often distributed throughout internal teams and have a significant amount of technical debt in the area of integrations.
Because Superface works as an intermediary rather than a middleman and doesn’t charge a fee to call APIs, it helps them save time and money on integrations. One illustration is the partnership between Superface and Crowd.dev, which records about 2 million executions each week.
14 senior developers are working for Superface, which Radek Novotny and Zdenek Nemec founded in 2020. They are all experts in API development, integrations, and design. Public APIs are the main area of attention for this team.
Superface secured EUR 1.3M (CZK 34 million) in pre-seed funding from the Czech independent software studio Applifting in addition to 42CAP and Tensor Ventures.
“The financing will enable us to enhance market traction and concentrate on product-market fit. We have secured funding from 42CAP, Tensor Ventures, and other knowledgeable angel investors interested in technology and marketing in addition to the investment from Tera VC. Radek Novotný, CEO and co-founder of Superface, extends his gratitude to Applifting for their ongoing support.
“At the moment, integrations are our top priority, with innovative startups driving most of the demand. These firms frequently have more than 100 API integrations planned, with each integration costing between 1,000 and tens of thousands of euros, depending on its complexity. Startups can save a lot of money and time by using Superface, which will free up resources for new ideas in other fields, said Radek.
We aim to put a lot of effort into optimizing the product for external integrations this year. Our goal is to compile the most comprehensive list of all available public APIs, sort of a “Google of APIs.” In a few clicks, developers will be able to search through our database depending on an API’s function, chosen parameters, and connection “explained Zdeněk Němec, co-founder and CTO of Superface.
“Developers won’t have to spend days on end sifting through the documentation and conducting difficult searches for particular APIs. In addition, we may offer internal assistance to big businesses. Companies will have a better understanding of the many APIs they utilize thanks to Superface, said Zdeněk.
Eamonn Carey GP of Tera Ventures said, “Companies invest a significant amount of time, money, and resources in finding and integrating APIs. I fell in love with the idea of doing away with all the process complexity as soon as I met the Superface team.
He further said, “The team’s plan to use AI for autonomous integrations is a welcome move that developers and founders everywhere have been calling for. Superface is developing something that will drastically ease the work of developers, and we are happy to take part in this adventure.”
Image Credit: Superface