Bump.sh, a start-up specializing in the governance of API ecosystems, today announces a raise of 4 million euros in Seed. The latter was led by investment fund Galion.exe, Bpifrance, through its Digital Venture fund and a circle of business angels.
The start-up enables developers to collaborate effectively in increasingly complex API ecosystems. It offers a single, unified experience thanks to its compatibility with multiple API technologies and a radically different approach to existing tools. Its abstraction and automation engine allows companies to create a single source of truth for their APIs.
Today, more than 200 companies already trust Bump.sh, including Meilisearch, Memo Bank, Canopy Servicing and Forto.
Fundraising to boost the start-up
The first tool capable of offering the same user experience for different API technologies, Bump.sh initially focused on automating the generation of API portals.
The start-up will continue to improve its product to turn it into a real platform capable of supporting all API technologies. It also aims to develop advanced collaboration features (change reviews, automated workflows, notifications, detailed access management, etc.) and offer numerous integrations.
“This fundraiser is an acknowledgment of Bump.sh’s expertise and our unique vision. By taking into account from the beginning the arrival of new API technologies and the hybridization of ecosystems, we have taken a considerable advantage over other players. This fundraising will allow us to bridge that gap and turn our product into an essential collaboration platform. explains Sébastien Charrier, CEO of Bump.sh.
To support its acceleration, Bump.sh will recruit 20 people: Engineers (front, back, full-stack), Product Manager, Product Designer, Head of Product Marketing and Developer Advocates.
The exponentially growing API market
While APIs have been around for many years, their usage has accelerated significantly recently. Of the current 200 million, there could be more than a billion by 2030. Gartner estimates that by 2025, only 50% of APIs will be properly managed. In this context, the Bump.sh platform takes on its full meaning.
“Bump.sh responds to a growing need, in an ecosystem where APIs are now the nerve center of any connected service. Their platform appealed to us because it focuses on human-to-human collaboration needs, regardless of technical architecture choices, and ensures that teams are supported on current and future API technologies. We strongly believe in this vision around a subject that should no longer be reserved exclusively for developers, and this fundraising will allow Bump.sh to recruit the talent that will make it an essential tool within projects.” highlights Kevin Kuipers, co-founder and general partner of Galion.exe
“In addition to the solution offered by Bump.sh in the explosive API market, I was won over by the ambition, vision and mindset of Bump’s founders. As a member of The Galion Project network of hypergrowth companies, I know how absolutely critical these dimensions are to the success of projects. Finally, on a personal level, I take pleasure in the world of devtools, which simplify the life of developers and the operational efficiency of teams in a world of increasing technological complexity.” Grégory Pascal, board member, co-founder of Sensiolabs.
Bump.sh is a collaboration platform specializing in the governance of API ecosystems. It allows technical and product teams to be synchronized around a single 100% automated source of truth. Launched in 2020 by Sébastien Charrier and Anthony Lionnet, the service was the first to offer a unified experience for different API technologies, starting with REST and EDA (Event-Driven Architecture) APIs, and for all types of APIs (internal, or public). ). By continuously analyzing an ecosystem’s API schemas (Swagger, OpenAPI, or AsyncAPI), Bump.sh generates and aggregates all API documentation in one place, automatically identifies changes, and alerts contributors in case of a non-compliant change. previous versions. Recognized for its ease of use and the quality of experience it offers, the platform can be added in just a few minutes to any workflow or environment.
Biography of Sébastien Charrier, CEO of Bump.sh
Sébastien Charrier has been a developer for 20 years, including 10 years building APIs. Passionate about designing simple and effective products, he joined Capitaine Train in 2015 as a lead developer on the startup’s payments API. It was from this experience that he envisioned the foundations of Bump.sh, which he launched in 2020 accompanied by his partner and several former colleagues, with a mission: to enable companies to create the best API ecosystems possible.
Galion.exe is a venture capital firm that brings together a professional investment team and a community of iconic entrepreneurs. As part of Projeto Galion, a reference collective for tech entrepreneurs, the manager offers early-stage startup founders access to knowledge, support and an unparalleled network to ensure the best possible development of their company.
About Bpifrance and the Digital Venture fund
Bpifrance’s equity investments are made by Bpifrance Investissement. Bpifrance finances companies – at every stage of their development – with loans, guarantees and equity. Bpifrance supports them in their innovation projects and internationally. Bpifrance now also ensures its export activity through a wide range of products. Advice, university, networking and an acceleration program for start-ups, SMEs and ETIs are also part of the offer offered to entrepreneurs.
Bpifrance Digital Venture is the team responsible for Venture’s investments in innovative technology companies in the digital sector. It supports, in the start-up and Series A and B phases, technology companies with the ambition to become international leaders in their market. With €700 million under management, Bpifrance Digital Venture has invested in around 120 companies and has carried out more than 25 divestitures since 2011. The team has invested, among others, in Teads (acquired by Altice), Talentsoft (Cegid), Netatmo (Legrand ), Best Agents (Axel Springer), Balyo, Manomano, Evaneos, Openclassrooms, Cardiologs Technologies (Phillips), Gitguardian, Strapi, Numworks.