What is Hasura?
Hasura is a private software technology company specializing in developer tooling, offering open-source solutions, backend as a service (BaaS), and platform as a service (PaaS) products. Founded in 2018 and headquartered in San Francisco, California, Hasura's flagship open-source product is designed to accelerate API development by up to 10x. It achieves this by providing clients with instant GraphQL or REST APIs, complete with built-in authorization, directly on their data. This innovative approach empowers developers to build and deploy applications more efficiently, addressing a critical need in the modern software development landscape.
How much funding has Hasura raised?
Hasura has raised a total of $134.9M across 3 funding rounds:
Series A
$9.9M
Series B
$25M
Series C
$100M
Series A (2020): $9.9M with participation from Vertex Ventures US, Sam Lambert, Amod Malvia, SAP.iO Fund, Michael Stoppelman, James Tamplin, Nexus Venture Partners, and Strive VC
Series B (2020): $25M led by Nexus Venture Partners, Strive VC, Lightspeed Venture Partners, Vertex Ventures US, and SAP.iO Fund
Series C (2022): $100M supported by Vertex Ventures, Nexus Venture Partners, Greenoaks, and Lightspeed Venture Partners
Key Investors in Hasura
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software. They focus on partnering with and investing in early-stage infrastructure and SaaS companies, leveraging their experience as former founders and operators.
Nexus Venture Partners
Nexus Ventures Partners is a venture capital firm specializing in seed, startup, growth capital, and early-stage investments. The company was founded in 2006 and is based in California, United States.
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
What's next for Hasura?
The recent major strategic investment in Hasura signals a strong confidence from its backers in the company's future expansion and product development. This capital infusion is likely to fuel further innovation in its developer tooling suite, potentially enabling Hasura to broaden its market reach and enhance its platform capabilities. The company's focus on accelerating API development positions it well to capitalize on the growing demand for efficient backend solutions, suggesting a strategic push towards scaling its operations and solidifying its market leadership in the developer productivity space.
See full Hasura company page
