About Knit
Knit is a company based in Bengaluru (India) founded in 2019 by Kunal Mishra, Yasharth Mishra, and Gaurav Bhawnani. It operates as a SaaS (Software-as-a-Service), and API-as-a-Product. Knit has raised $2.04 million across 3 funding rounds from investors including Angel List, Wellfound and Vistra ITCL. Knit offers products and services including Unified APIs, LLM Tools, and MCP Servers.
- Headquarter Bengaluru, India
- Founders Kunal Mishra, Yasharth Mishra, Gaurav Bhawnani
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Knit Api Private Limited
- Date of Incorporation 04 Jan, 2024
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$60.13 K (USD)2as on Mar 31, 2024
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Net Profit
$-238.77 K (USD)6as on Mar 31, 2024
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EBITDA
$-322.38 K (USD)6as on Mar 31, 2024
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Total Equity Funding
$2.04 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
May 07, 2024
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Investors
Angel List
& 9 more
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Employee Count
Employee Count
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Products & Services of Knit
Knit offers a comprehensive portfolio of products and services, including Unified APIs, LLM Tools, and MCP Servers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified APIs enable bi-directional data syncs across SaaS.
LLM Tools support actions across popular SaaS apps.
MCP Servers automate workflows with managed authentication tools.
Funding Insights of Knit
Knit has successfully raised a total of $2.04M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.0M
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First Round
First Round
(12 Dec 2020)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Knit | Valuation | Endiya Partners | |
| Jul, 2021 | Amount | Seed - Knit | Valuation | Endiya Partners , Axilor Ventures | |
| Dec, 2020 | Amount | Seed - Knit | Valuation | Angel List |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Knit
Knit has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Vistra ITCL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investing in AI, deep tech, healthcare, and fintech startups.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage startups in technology sectors.
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Founded Year | Domain | Location | |
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Investment management and trustee services for financial instruments are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Knit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Knit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Knit Comparisons
Competitors of Knit
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Knit
When was Knit founded?
Knit was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Knit located?
Knit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Knit a funded company?
Knit is a funded company, having raised a total of $2.04M across 3 funding rounds to date. The company's 1st funding round was a Seed of $57.11K, raised on Dec 12, 2020.
What is the annual revenue of Knit?
Annual revenue of Knit is $60.13K as on Mar 31, 2024.
What does Knit do?
Knit is established as a leading integrations platform catering to B2B SaaS products, AI agents, and MCP clients. The company is focused on providing solutions for seamless native product integrations through Unified APIs, LLM Tools, and MCP Servers. Various sectors such as HRIS, CRM, accounting, and payroll are covered by their offerings. Bi-directional data syncs across 12 SaaS categories are enabled by Unified APIs, while framework-agnostic SDKs for LLM Tools are provided to support actions across popular SaaS applications. Additionally, over 100 MCP servers with managed authentication are offered to automate daily workflows. Security and compliance standards are adhered to, ensuring data protection for global SaaS organizations.
What products or services does Knit offer?
Knit offers Unified APIs, LLM Tools, and MCP Servers.
Who are Knit's investors?
Knit has 10 investors. Key investors include Angel List, Wellfound, Vistra ITCL, Axilor Ventures, and Endiya Partners.
What is Knit's valuation?
The valuation of Knit is $2.6M as of Jul 2021.
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