Knit said it would deploy the fresh capital towards enhancing its product stack and integrating Gen AI technologies into its systems
Knit allows businesses to connect with multiple SaaS platforms and workplace chat tools using its unified API platform
The three-month-old startup competes against the likes of Zapier, Unified.to, Merge API, Finch Workato, Boomi, and Tray.io among others
Bengaluru-based SaaS startup Knit has bagged $1 Mn in a seed funding round led by early-stage venture capital firm Endiya Partners, with participation from Axilor Ventures and unnamed angel investors.
Knit said it would deploy the fresh capital towards enhancing its product stack and integrating Gen AI technologies into its systems.
Founded by Yasharth Mishra in 2024, Knit’s unified application programming interface (API) platform enables businesses to integrate data from multiple SaaS solutions and get access to data from these on their primary work communication platforms and within other SaaS tools.
For instance, customers can connect with multiple SaaS platforms and workplace chat tools such as Freshteams, Slack, Workday, Greenhouse, Rippling, BambooHR using only the Knit API.
Part of the fundraise will also be used to further Knit’s expansion plans and increase its customer reach in the US market and other regions.
According to Knit’s website, its unified API platform allows businesses to launch third party integrations in real time, across categories such as human resources information system (HRIS), applicant tracking system (ATS), customer relationship management (CRM), payroll, compliance and verification, expense management and accounting.
The three-month-old startup claims to be catering to businesses such as Onsurity, Multiplier, Razorpay, Lealine, Callify and Scrut Automation among others.
Commenting on the fundraise, founder Mishra said, “We are poised to accelerate our product development endeavours and extend our global footprint, enabling SaaS companies to navigate integrations with unparalleled ease and efficiency,” he added.
Knit competes against the likes of Zapier, Unified.to, Merge API, Finch Workato, Boomi, and Tray.io among others in the unified API space. These alternatives work similarly and allow companies to integrate their various SaaS tools using a single API.
