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Supaglue raised $6.8 million in a seed round led by Benchmark general partner Chetan Puttagunta, and got acquired by Stripe for an undisclosed sum to contribute to the Revenue and Finance Automation unit.

Mar 29, 2024over 1 year ago

Amount Raised

$6.8 Million

Round Type

seed

San FranciscoSoftware

Investors

Benchmark

Description

Supaglue, formerly known as Supergrain, raised a $6.8 million seed round in November 2021, led by Benchmark general partner Chetan Puttagunta. As part of its investment in RFA, Stripe acquired the four-person team from Supaglue for an undisclosed sum. The team from Supaglue will help accelerate Stripe's real-time analytics and reporting across its platform and third-party apps for the Revenue and Finance Automation suite.

Company Information

Company

Supaglue

Location

San Francisco, California, United States

About

Supaglue is the open-source platform for user-facing integrations that helps developers ship native integrations in hours, not weeks. Supaglue is backed by Benchmark Capital and built in San Francisco by experienced engineers coming from Uber, Lyft, Twitter, and Google.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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