Creating APIs to make it easier for other companies to connect to their services more easily is the dream of every developer.
However, creating and documenting an API is a time demanding process. Speakeasy, a startup in its early stages, wants to make it an easier and more automated set of activities.
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On Thursday, the company came up with a $7.6 million seed investment. CEO and co-founder of Sagar Batchu describes his startup as an API infrastructure company.
This means it’s building tools that make it easier to create and distribute APIs, something that he holds near and dear as a developer himself.
“We’ve started by working on an important problem to me, one that I’ve faced a lot myself as a developer, which is really dramatically simplifying how developers are able to ship API’s to end users,” Batchu said.
“As developers, APIs allow us to take advantage of another company’s capabilities.
“And so making it really easy to ship those API’s to developers means that we can really help companies accelerate how their products are adopted, as well as we reduce the burden on developers when they integrate with those APIs,” he added.
While the aim is to create a platform of features to help with this mission, the company will start with two tools. One will help developers create the APIs, and the other will make it easier for users to implement them.
The first piece is called Managed SDKs. Developers feeds in an Open API spec, and Speakeasy uses AI help with building a complete API alongside necessary documentations.
This cuts down the amount of time required to complete such task to a few minutes.
“Speakeasy uses AI to validate and enhance the spec, creates SDKs in the most popular languages, and publishes automatically to package managers.
It takes minutes to set up, and SDKs are updated every time the spec changes – saving developers significant time,” the company explained.
The second piece is programmed to aid developer end users in implementing APIs with zero worries about the underlying structure, creating a package using the Terraform tool.
“With Speakeasy,” said the company, “API producers can, for the first time, easily create and maintain Terraform providers from an OpenAPI specification – dramatically reducing engineering burden, while unlocking an entirely new developer community.”
As he grows the company, Batchu believes that staying remote will help him find a more diverse workforce.
“So first of all, I think about how adopting a remote-friendly hiring philosophy means that we’ll be able to access more places, more diverse communities,” he said.
“It’s definitely something really important to us. And as we move forward, we will be looking to hire great talent from everywhere,” he added.
Today’s round was led by GV led today’s round, with Flex Capital, Quiet Capital, Firestreak Ventures, and StoryHouse Ventures as participants.
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Last year, Speakeasy raised an additional sum $3.3 million in a pre-seed round led by Quiet Capital. In participation were a host of well-established industry angel investors.
The Managed SDK piece is generally available starting today. The Terraform piece is available in beta.
