Fastn, an Austin, Texas-based startup that aims to simplify software development, applications, and websites through its composable architecture platform, has raised $2.6 million in seed funding.
Investors
The round was led by LiveOak Ventures and Antler, with participation from notable investors, including Netlify Co-Founder Chris Bach and Loop Co-Founder Kyle Hency.
Antler is a global investor that backs exceptional founders, helping them launch and scale high-potential startups. With offices in 27 cities worldwide, Antler supports entrepreneurs with co-founder matching, business validation, initial capital, and follow-on funding. Since its inception, Antler has helped create and invested in over 1,000 startups, aiming to back 6,000 by 2030.
LiveOak Ventures is an early-stage venture capital firm based in Austin, Texas, focused on technology and tech-enabled services. With $500M under management, the firm has led over 60 high-growth investments. LiveOak’s founders have helped create nearly $5 billion in enterprise value and were named Venture Capital Firm of the Year at the 2022 Austin A-List Awards.
Fastn Use of Funds
The startup plans to use the funding to fuel its expansion and platform growth.
About Fastn
Founded in March 2023 by Khalid Muaydh, Fastn provides a no-code platform allowing users to integrate and orchestrate multiple data sources into a single, unified API. Leveraging AI, Fastn simplifies the process of composing and connecting modular components, focusing on reusability, adaptability, and observability. Based in Austin, Texas, Fastn enables developers to build and connect APIs in minutes, dramatically accelerating time-to-market. The platform is trusted by Fortune 100 companies, including major clients like HP.
Funding Details
Company: Fastn, Inc.
Raised: $2.6M
Round: Seed Round
Funding Date: September 2024
Lead Investors: LiveOak Ventures, Antler
Additional Investors: Chris Bach, Kyle Hency
Company Website: https://fastn.ai/
Software Category: Software Development
Source: https://www.globenewswire.com/news-release/2024/09/05/2941493/0/en/Fastn-wins-HP-and-secures-funding-round-to-lead-the-composable-business-revolution.html