Platformatic

Platformatic

Backend development platform for building modern APIs.

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DateInvestorsAmountRound
-investor investor

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round
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$4.3m

Seed
Total Funding000k

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Revenues, earnings & profits over time
USD2023
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EBITDA0000
Profit0000
EV0000
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R&D budget0000

Source: Dealroom estimates

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Platformatic is a backend development platform designed to streamline the process of building and deploying modern APIs. Founded in 2022 by Matteo Collina and Luca Maraschi, the company aims to eliminate the friction and boilerplate code associated with backend development. Both founders have extensive backgrounds in the Node.js ecosystem, with Collina being a former Technical Director of the Node.js project and Maraschi having significant experience in building API management solutions.

The company's core mission is to help developers, from individual coders to large enterprise teams, to build robust and scalable APIs at a much faster pace. Platformatic provides a set of open-source tools that can be composed to create customized backend solutions. A key feature is its ability to take an existing database and automatically generate a secure GraphQL and REST API, complete with authentication and authorization. The platform is built on top of popular open-source libraries like Fastify and Node.js, ensuring high performance and a familiar environment for many developers.

The business model revolves around its open-source offerings and a forthcoming cloud platform, Platformatic Cloud. This cloud service is designed to simplify the deployment and management of applications built with Platformatic's tools, offering a seamless 'git push to deploy' experience. This hybrid model, combining open-source tools with a commercial cloud product, allows the company to build a strong community while creating a revenue stream from enterprises that require managed services and hosting. The company has secured significant funding, including a $3.5 million seed round, to accelerate the development of its cloud platform and expand its open-source tools.

Keywords: backend development, API platform, Node.js, open source, GraphQL, API generation, developer tools, cloud services, backend-as-a-service, Fastify

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