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Svix receives $2.6 million in pre-seed funding from Y Combinator

The Israeli company uses Webhooks-as-a-Service to enable businesses trigger API notifications

Tom Hacohen Svix
Tom Hacohen/ Svix

Svix, an Israeli company that uses Webhooks-as-a-Service to enable businesses trigger API notifications, has raised $2.6 million in pre-Seed funding to help expand its operations and enhance its technology.

Y Combinator and Aleph, as well as angel investors from a variety of businesses, participated in the round, including the former CTO of Github and co-founders of PagerDuty, Lookout, and Segment.

Webhooks are content-independent ‘user-defined HTTP callbacks that are usually triggered by an event, such as submitting code to a repository or posting a remark on a website.

A payment processor may send a webhook after a payment is completed so that an invoice can be sent to an email, or platforms like Gmail could send a webhook when someone receives an email so that an add-on can process it. Developers frequently lack webhooks expertise, and even when well managed, establishing a whole webhooks system costs developers time that could be better spent elsewhere.

Svix assists businesses in triggering API notifications, which is crucial for assisting in the automation with code, low-code, and no-code that users increasingly anticipate from goods. Developers can use its platform to set up a webhooks system in minutes, allowing them to focus on developing the core product or service. Customers can also access a pre-built app portal, which allows them to provide users with management, debugging, monitoring, and testing directly from the browser.

“Webhooks are increasingly driving no-code and low-code activities across the web,” stated Tom Hacohen, CEO of Svix. “However, sending them still needs substantial engineering effort, development resources, and continuous maintenance.” “Svix is the first fully integrated platform to address that issue.” Raising this round from top VCs and an all-star team of industry professionals demonstrates the significance of our purpose, the strength of our team, and the quality of our platform.”

Aaron Epstein is a Y Combinator Group Partner. “We backed Svix because Tom is obsessed with developer experience and is creating the solution he has always wanted to use.” That developer-first approach is at the heart of everything the firm creates, and we can’t wait to see what the future holds for them.”

“Webhooks have the potential to be the nervous system of every SaaS product, disseminating data unilaterally and controllably to any other application,” said Aaron Rosenson, General Partner at Aleph. “They are among of the most powerful and underrated tools for developing modern software, and Svix has created the first enterprise-grade system for managing them holistically.”

Founded in 2021 by Tom Hacohen, Svix operates entirely remotely from Tel Aviv and the United States. It offers a WaaS for enterprises wishing to add features with a single, straightforward API.

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