Speakeasy's $15M Series A

Speakeasy has raised $15 million in a Series A funding round led by FPV Ventures, with support from GV and Quiet Capital, to enhance REST API development tools. The company aims to address the growing gap between the rapid rise in API traffic and the outdated tools available for building reliable APIs. Speakeasy's platform is designed to help developers create high-quality APIs by automating testing, ensuring best practices, and generating SDKs. The funding will be used to expand product offerings, accelerate the roadmap, and grow the team in San Francisco and London. Speakeasy has gained traction among nearly 3,000 users, including companies like Vercel and Verizon, who have generated over 7,250 SDKs, marking a 575% increase in API tooling investment. Co-founders Sagar and Simon emphasize their commitment to revolutionizing API development, with plans to innovate contract testing, API creation, and webhook management.