Airbridge leads €7mln series A into APIdeck

November 20, 2024 – San Francisco

Apideck, a leading provider of real-time Unified APIs, announced today that it has raised $7.5 million in a Series A funding round. Led by Amsterdam-based Airbridge Equity Partners, the round includes PMV, angel investors, and executives from Atlassian, Rocketreach, Aikido, Teamleader, and Proxyclick. The investment will accelerate the company's global growth and enhance its product offering, simplifying API integrations for B2B software and fintech companies.

With no need for data storage, Apideck’s unique real-time architecture enhances security and reduces customers' liability. This industry-first approach has attracted a diverse customer roster, from startups to publicly listed companies, including companies like BILL, Drata, Benefex, Principal Group, 11x, Kintsugi, Setyl, and Atradius. The company has offices in San Francisco and Europe, and supports a global customer base.

"Apideck's Unified API platform simplifies integrations while ensuring secure, cost-efficient management of customer data. We’re excited to support their growth as they meet the increasing demand for seamless SaaS solutions," said Rick van Boekel, co-founder and partner at Airbridge. "The upcoming integration of AI technologies positions Apideck to further revolutionize how businesses connect their tools."

The funding will be used to scale Apideck’s engineering, product, and go-to-market teams as the company expands its global footprint. With a growing demand for integrated solutions, Apideck aims to continue supporting customers worldwide by enhancing its platform capabilities, expanding API coverage, and fostering new partnerships with software providers.

"Integrations have become a critical requirement for any business adopting SaaS products," says Gertjan De Wilde, CEO and co-founder of Apideck. "Our real-time Unified API platform empowers companies to enable their customers to connect the tools they rely on, reducing friction and allowing their engineering teams to focus on what they do best.

Apideck’s platform simplifies complex integration challenges by offering a standardized approach to connecting different software applications. Unlike traditional integration platforms, Apideck allows companies to standardize multiple APIs while maintaining full ownership of their customer data. The platform supports 150+ connectors across industry verticals, such as: HRIS, accounting, CRM, and e-commerce, and is expanding rapidly into new API categories.

“Next to providing superior security, our no-data-storage approach provides customers with an increased control over their budget thanks to usage based pricing,” says Tom Schouteden COO, and co-founder of Apideck, “instead of customers having to pay per connection regardless of whether they are actually using the service.”

Apideck also plans to invest in integrating its Unified APIs with emerging large language models (LLMs), enabling customers to harness AI for real-time data processing. The company plans to develop API plugins for popular AI frameworks, to enable real-time data access for AI-driven applications. These efforts will further position Apideck as a critical player in the growing AI agent ecosystem.

About Apideck

Founded in 2020 by Gertjan De Wilde and Tom Schouteden, Apideck provides a real-time Unified API platform that simplifies the integration of multiple software applications for businesses across various industries. The company's platform offers real-time data access without storing customer data, providing enhanced security and flexibility. Apideck is SOC2 compliant and supports a scalable pricing model, making it an ideal solution for companies of all sizes looking to streamline their integration processes. For more information, visit www.apideck.com.

About Airbridge

Airbridge Equity Partners is an Amsterdam-based investment firm, providing flexible investment solutions to technology-driven companies in Europe. We partner with the founding teams of scalable and technology-driven companies seeking tailored solutions to achieve their next steps. Through a mix of capital, network, and know-how we try to support them in growing their business. Our entrepreneurial edge means we value strategic thinking as much as the nuts and bolts and know that progress rarely conforms to straight lines. For more information, visit www.airbridge.nl.

About PMV

The Flemish investment company PMV is shaping the future of the Flemish economy. PMV finances promising companies from their early start, through to growth and internationalization. PMV offers tailor-made financial tailored solutions to all entrepreneurs with a good business plan and a strong management team. It does so with capital, loans and guarantees. In addition, it realizes, with and for the government, and other partners, projects that are are important for prosperity and well-being in Flanders. PMV has a portfolio with 1.8 billion euros under management. More information via www.pmv.eu.