# Apiary

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apiary

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.apiary.io
- Total disclosed funding: $8.4M
- Latest round: Series A (Aug 18, 2015)
- Investors on record: 5

## About

Apiary, Inc. is a platform dedicated to API design, development, and documentation, enabling developers and teams to collaborate efficiently on API projects and enhance communication between stakeholders.Founded in 2011, Apiary, Inc. is based in San Francisco, US, and operates within the API design and documentation space. The company was founded by Marisa Falcon, who has a history of specializing in technology solutions. In 2017, Apiary completed a Series A funding round, raising USD 6.8 mn led by Flybridge Capital Partners, with additional investments from Baseline Ventures and Credo Ventures. In total, Apiary has successfully raised USD 6.8 mn across 5 deals, and on January 19, 2017, Oracle Corporation agreed to acquire Apiary, Inc. for an undisclosed amount.Apiary offers a comprehensive platform designed for API design, development, and documentation, aimed primarily at developers. Their core product is the Apiary platform, which facilitates collaboration among teams to efficiently design, prototype, document, and test APIs. This platform enhances visibility, consistency, and process management within API projects, addressing common challenges such as integration and communication between development teams and stakeholders. Apiary serves over 6.5 million developers engaged with 591,844 APIs across North America, Europe, and Asia, indicating robust adoption in industries focused on digital transformation and API-driven development.Apiary's revenue model primarily relies on subscription services offered to businesses that require advanced API design and documentation tools. Customers engage through tiered subscription plans that provide varying levels of access to features and support based on their team's needs. Organizations can subscribe to plans that allow for team collaboration and scaling of API projects, with pricing structures aligned to the number of users and features included. Apiary's flagship services, such as the API Design Stack, are integral to their offerings, generating consistent revenue through partnerships with enterprises that utilize their platform for comprehensive API solutions.Apiary plans to leverage its recent funding to enhance its offerings and expand its market presence. Following the 2017 acquisition by Oracle Corporation, Apiary aims to integrate its platform with Oracle's broader cloud services, potentially leading to new product launches that will streamline API management and enhance overall functionality. The company is also targeting expansion into additional geographical regions to reach new clients and industries by capitalizing on Oracle's global network. These initiatives are expected to be fueled by the resources acquired through the Series A funding, facilitating further innovation and market penetration.

## Funding rounds

- Series A, Aug 18, 2015, $6.8M — Flybridge Capital Partners, Credo Ventures, Baseline Ventures
- Seed, Sep 17, 2013, $1.6M — Flybridge Capital Partners, Credo Ventures, Baseline Ventures, XG Ventures, Heavybit

## Investors

- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Seed, Series A
- Credo Ventures (https://capitalatlas.ai/funds/credo-ventures) — Seed, Series A
- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Seed, Series A
- XG Ventures (https://capitalatlas.ai/funds/xg-ventures) — Seed
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Seed
