# Serverless

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.serverless.com
- Total disclosed funding: $13M
- Latest round: Series A (Jul 30, 2018)
- Investors on record: 3

## About

Serverless, Inc. provides a platform for developing and managing serverless applications, specializing in AWS Lambda integration to streamline deployment and enhance functionality through various plugins.Founded in 2015 by Austen Collins, Serverless, Inc. is headquartered in San Francisco, US. The company has received USD 10.00 mn in Series A funding, led by Lightspeed Venture Partners, with a total amount raised of USD 10.00 mn. The most recent funding deal occurred on July 30, 2018. Serverless, Inc. has engaged in two investment deals to date.The company's primary product is the Serverless Framework, which provides a comprehensive platform for building and managing serverless applications, especially those utilizing AWS Lambda. This framework enables users to define applications with functions and event triggers, streamlining deployment through an intuitive YAML syntax. Developers can deploy both infrastructure and code with a single command. The platform supports various plugins that enhance functionality and integration with other tools. It targets developers, enterprises, and organizations requiring efficient cloud solutions across North America, Europe, and parts of Asia.Serverless, Inc. generates revenue primarily through subscription models related to its Serverless Framework products and services. Clients subscribe to various service tiers, which may include access to essential features, premium plugins, and enhanced support options. Revenue is supported by partnerships that leverage the framework’s capabilities, catering to individual developers and large enterprises alike. The company may also offer additional services that contribute to its overall revenue streams.Serverless, Inc. plans to utilize the USD 10.00 mn raised in Series A funding to enhance its product offerings and expand into new markets. The company is currently designing new products with planned launches in the coming year, targeting increased adoption among developers and enterprises. Expansion efforts will focus on enhancing its presence in Europe and Asia by the end of 2019, aiming to tap into rapidly growing demand for serverless applications.

## Funding rounds

- Series A, Jul 30, 2018, $10M — Lightspeed Venture Partners
- Seed, Oct 12, 2016, $3M — Trinity Ventures, Heavybit

## Investors

- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Seed
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A