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Speakeasy — Pre-Seed
Funded Fund: StoryHouse Fund I  ·  SH Check: $165K  ·  Valuation: $16.5M  ·  Closed: 2022-11-15
Dossier generated 2026-06-03 by /deal-dossier  ·  Deal record: rec1EyWSVqW33o0cL  ·  Source: Airtable appjxAR3LPe3fkHOp

One-Liner & Thesis

Developer software that automates the launching and maintenance of enterprise-scale APIs and SDKs in 9+ languages. Speakeasy is a developer-first API Ops platform that enables developers to offer API DevEx to API consumers.

FPV led $15M Series A at $60M post SH committed $165K, via StoryHouse Fund I, at a $16.5M valuation, in a $3.5M round, alongside Quiet Venture, Flex Capital, Firestreak Ventures, Google Ventures, FPV Ventures.

Deal Box

Round Size
$3.5M
Valuation / Cap
$16.5M
Co-Investors
Quiet Venture, Flex Capital, Firestreak Ventures, Google Ventures, FPV Ventures
SH Check
$165K
Fund
StoryHouse Fund I
Funding Round
Pre-Seed
SH Investment Date
2022-11-15

Company Snapshot

Sector
API, Information Technology
Location
Bay Area, California
Year Founded
2022-05-01
Total Raised
$25.9M
Website
speakeasy.com
Status
Private

Founders

Simon Yu
Co-Founder
Philosophy & Economics ('06). Entrepreneur and operator building Speakeasy, a developer-first API operations platform focused on elevating API developer experience and productivity across modern software teams.
Sagar Batchu
Physics ('15). Developer-focused founder building Speakeasy, a modern API operations platform that enables teams to offer best-in-class API developer experience and productivity.

Latest Meeting Notes

2023-05-02 — Call

RAW NOTES: What are the terms of the round and how are insiders participating? \- Crystal Huang at GV is leading a priced round with a $5M check at a $40M post-money valuation; terms allow them to raise up to $8M in capital. No board seat. \- Quiet / Astasia will probably do $1.5M (a bit over super...

Source: Meeting Notes recVQQhoMsEJCWvy3

2023-02-09 — Call

Chat with Speakeasy • Signed with epilot, e-commerce API for energy at a higher price point; paying $35K for the first year, and once the usage tier kicks in it'll be 50-60K annually • Epilot was going to hire three engineers to do part of what Speakeasy does • They have 7 paying customers; total...

Source: Meeting Notes rec5ViOH2vPGQIa4g

2022-09-27 — Call

RAW NOTES: \- In addition to enterprise companies are also doing PLG so bringing on some startups \- Doing a deployment of Speakeasy into their own cloud, turning the product into their own cloud \- 80% of Retool's revenue comes from self-hosting; run the product fully ungapped from the internet \-...

Source: Meeting Notes recKuEX1KMaQJMnFY