You’ve heard it before — data is the new oil. Getting a handle of your data as a company is not just a nice feature or add-on to your business model; it has become an essential ingredient to a startup’s growth. But how exactly can companies monetise sharing their data? Application Programming Interfaces, or APIs for short, have been labelled the next big SaaS wave with the sheer number of APIs in the world growing at a staggering pace. Many companies we interact with day-to-day now offer an API as a product for their services and share data with partners and customers. APIs are the pipes enabling the monetisation and sharing of data between companies. It is a critical part for the data economy; unfortunately, no one has been taking care of them as products. Paris-based Blobr is out to solve that. Blobr is the business and product layer for APIs. With its no-code solution, it is removing the requirement of extensive tech knowledge to share and monetize APIs.
We’re excited to back Blobr in a €1.2m pre-seed round alongside an amazing group of angels to democratise how data is exchanged between companies. When we met Alexandre Airvault & Alexandre Mai, we were struck by their experience in this space. They combine decades of experience in handling data for big banks and the monetisation of software for international organizations. The Blobr platform, already in use by companies like Axeptio, (Read more...)