About StepZen
StepZen is a company based in San Jose (United States) founded in 2016 by Sridhar Rajagopalan and Helen Whelan was acquired by IBM in February 2023.. StepZen has raised $8 million across 1 funding round from investors including IBM, Neotribe and Wing Venture Capital. StepZen offers products and services including GraphQL-as-a-Service and IBM API Connect Essentials. StepZen operates in a competitive market with competitors including Strapi, ReadMe, StrongLoop, Speakeasy and Stainless, among others.
- Headquarter San Jose, United States
- Founders Sridhar Rajagopalan, Helen Whelan
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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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Products & Services of StepZen
StepZen offers a comprehensive portfolio of products and services, including GraphQL-as-a-Service and IBM API Connect Essentials. 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.
Enables quick building and scaling of GraphQL APIs.
Provides tools for optimizing and scaling APIs via IBM.
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Board Team
3 people
Software Development Team
2 people
Developer Team
1 people
Advisor Team
1 people
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Funding Insights of StepZen
StepZen has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in December 2020. 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 1
- Last Round Seed — $8.0M
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First Round
First Round
(22 Dec 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Seed - StepZen | Valuation | Neotribe , Wing Venture Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in StepZen
StepZen has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, Neotribe and Wing Venture Capital. 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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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Venture capital fund and fund of funds focused on early-stage startups
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Hybrid cloud and DevOps automation are delivered to enterprises.
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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 StepZen
| 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 - StepZen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Stepzen Comparisons
Competitors of StepZen
StepZen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Strapi, ReadMe, StrongLoop, Speakeasy and Stainless, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based platform for API development and content management is utilized.
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| domain | founded_year | HQ Location |
Documentation and digital transactions are managed via API-integrated software.
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| domain | founded_year | HQ Location |
API development platform with mBaaS and Node.js tools is offered.
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| domain | founded_year | HQ Location |
Speakeasy is focused on API development and integration tools.
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| domain | founded_year | HQ Location |
Cloud based API development platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Stepzen
Frequently Asked Questions about StepZen
When was StepZen founded?
StepZen was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is StepZen located?
StepZen is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is StepZen a funded company?
StepZen is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Dec 22, 2020.
What does StepZen do?
Cloud-based API development solution provider. The features of the product include configurable backend data sources, infrastructure management, data connection across multiple backends, customization, project and schema management, etc.
Who are the top competitors of StepZen?
What products or services does StepZen offer?
StepZen offers GraphQL-as-a-Service and IBM API Connect Essentials.
Who are StepZen's investors?
StepZen has 3 investors. Key investors include IBM, Neotribe, and Wing Venture Capital.
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