Apiable, a Helsinki, Finland-based no-code API Portals-as-a-Service platform, raised $500,000 in a pre-seed funding round led by Icebreaker.vc.
The funds will be used to scale its operations to meet latent demand for its platform as organizations recognize the need to create digital versions of their products and services.
“CEOs and innovation leaders within organizations understand that in order to survive and thrive they need to create digital versions of their products and services. This means they need to create APIs and make them available on an API portal to attract customers and partners. However, building and maintaining an API portal distracts them from their core business, and finding the development resources is difficult and expensive,” said Allan Knabe, CEO, of Apiable. “With Apiable, we have done this for them and short-circuited the entire process involved in joining the API economy. With the commitment from Icebreaker.vc, we are in a great position to build on the traction we have experienced in the last 12 months.”
Apiable enables organizations to join the API economy and open new revenue streams by creating digital connections quickly and without huge development costs.
Company: Apiable Oy
Round: pre-Seed Round
Funding Month: November 2022
Lead Investors: Icebreaker.vc
Company Website: https://www.apiable.io/
Software Category: no-code -API Portals as a Service
About the Company: Apiable was founded in 2020, with the aim of solving the problem of inadequate tools for API management that are not focused enough for companies wishing to invest in the API ecosystem. Apiable is a SaaS company that provides API portals as a service. It is an easy-to-use platform to enable better digital connections for your partners, customers, and their developers. Apiable integrates directly with existing API management software, meaning that its customers can securely expose their existing APIs to developers. Apiable enables organizations to open new revenue streams by creating digital connections quickly and without the huge development costs involved.