With this funding, Grafbase aims to set the standard for rapid backend development.
Seed round led by Next47, with participation from Alven, Uncorrelated Ventures and angel investors including the CEOs of Vercel and Datadog and ex-CEO of GitHub.
Grafbase, the data platform for developers, announced earlier today that it has raised a total of $7.3 million in venture capital. They’re a data platform that accelerates backend deployment via serverless GraphQL APIs.
The company’s fresh $5M seed round was led by Next47, a global venture capital firm investing in category-defining B2B companies. The funding round also saw participation from Alven, Uncorrelated Ventures, and a group of renowned angel investors including Vercel CEO Guillermo Rauch, Datadog CEO Olivier Pomel, GitHub ex-CEO Nat Friedman, Netlify CEO Mathias Biilmann Christensen, and Cockroach Labs CEO Spencer Kimball, among others.
Grafbase enables developers to go from idea to production in seconds without spending time on infrastructure. Founded by Fredrik Björk, former CTO of The RealReal and angel investor, Fredrik aims to tackle the $13.6 billion market for Cloud Database and Database-as-a-Service. With the fresh funding, Grafbase will expand its core product development and double the size of the team. Grafbase is a remote-first company distributed across Europe and the US and is available for developers now.
Fredrik Björk, Grafbase Founder & CEO
The data platform for developers
“Building and deploying backends has been complex and time-consuming for years. We have built Grafbase to make deployment of GraphQL backends seamless and blazingly fast. With Grafbase, developers can create a GraphQL endpoint with a complete backend, including API and database. All projects deployed to Grafbase come with a serverless database that is seamlessly integrated with every GraphQL API. This way, backend projects scale from zero to enterprise making it cost-effective at any scale,” said Fredrik Björk, Founder & CEO at Grafbase. “We’re glad to win such renowned and like-minded investors to back our mission.”
A growing community of developers have already adopted Grafbase
Since Grafbase’s beta launch in early August, hundreds of projects have already been created with a growing community forming in Discord. Some early adopters from the developer community are building mobile, e-commerce, and Jamstack backends already.
“The speed at which the team has been shipping code and new features has been very impressive, and Fredrik assembled a top-notch team of a quality we very rarely see at this stage of development.”
Thomas Cuvelier, Partner at Alven.