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Knit - About the company

Knit is a seed company based in Bengaluru (India), founded in 2019 by Yasharth Mishra, Gaurav Bhawnani and Kunal Mishra. It operates as a Provider of AI-powered API integration platform for SaaS. Knit has raised $2.04M in funding from investors like Endiya Partners, Angel List and Axilor Ventures, with a current valuation of *****. The company has 143 active competitors, including 16 funded and 7 that have exited. Its top competitors include companies like Composio, StackOne and Pipedream.

Company Details

Provider of AI-powered API integration platform for SaaS. It enables integration of applications through its AI-driven connector creation. The platform supports various integration use cases, including scheduled syncs, on-demand API orchestration, and real-time data transfer via webhooks. It offers two-way data synchronization without requiring extensive cron job configurations, and provides native webhook support where available. The platform allows developers to build and deploy integrations quickly, even without in-depth knowledge of the specific applications being integrated. It builds unified connectors tailored to specific use cases, eliminating the need for data model transformations. The platform ensures complete API coverage, supporting both read and write operations.
Social
X
Email ID
*****@getknit.dev
Phone Number
+91 **********
Registered Address
8/ 480 Ruprela Dharamshala Fafadh Chhoti Line, Raipur, RAIPUR, Chattisgarh, India, 492009
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.04M in 3 rounds
Latest Funding Round
Post Money Valuation
***** as on Dec 23, 2022
Ranked
Annual Revenue
₹49.8L as on Mar 31, 2024
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Knit's funding and investors

Knit has raised a total funding of $2.04M over 3 rounds. Its first funding round was on Dec 12, 2020. Its latest funding round was a Seed round on May 07, 2024 for $*****. 2 investors participated in its latest round. Knit has 5 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Knit:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 07, 2024
5835925
Seed
7829602
6464603
7390807
7625025
Jul 29, 2021
6128531
Seed
7316254
4338103
9898290
Dec 12, 2020
1341313
Seed
2795344
7183283
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Knit's founders and board of directors

Founder? Claim Profile
The founders of Knit are Yasharth Mishra, Gaurav Bhawnani and Kunal Mishra.
Here are the details of Knit's key team members:

Knit's Board of Directors

Knit's board has 3 active members. Yasharth Mishra and Gaurav Bhawnani are part of team and Kunal Mishra is independent board member.
Here is the list of Knit's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 2m
Team
-
Current
6y 2m
Independent board member
-
Current
5y 11m
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Knit's Competitors and alternates

Top competitors of Knit include Composio, StackOne and Pipedream. Here is the list of Top 10 competitors of Knit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Composio
Composio
2023, San Francisco (United States), Series A
Platform to integrate AI agents and large language models with their technology stack
$29M
60/100
2nd
Logo for StackOne
StackOne
2023, London (United Kingdom), Series A
Provider of a universal integration layer for SaaS and AI products
$24.4M
59/100
3rd
Logo for Pipedream
Pipedream
2018, San Francisco (United States), Acquired
Cloud based API integration platform
$20M
54/100
4th
Logo for Refold AI
Refold AI
2023, San Mateo (United States), Seed
Provider of AI agents for enterprise-grade software integrations and automation
$6.5M
53/100
5th
Logo for Paragon
Paragon
2019, Los Angeles (United States), Series A
Platform offering API integration solution
$21M
52/100
6th
Logo for Knit
Knit
2019, Bengaluru (India), Seed
Provider of AI-powered API integration platform for SaaS
$2.04M
51/100
7th
Logo for OpenLegacy
OpenLegacy
2014, Princeton (United States), Series B
AI-driven platform modernizing legacy systems with seamless cloud migration and API generation
$50M
49/100
8th
Logo for Chift
Chift
2021, Brussels (Belgium), Seed
API-based application development platform
$2.46M
48/100
9th
Logo for Cloud Elements
Cloud Elements
2012, Denver (United States), Acquired
API integration platform
$60.2M
47/100
10th
Logo for Burq
Burq
2020, United States, Funding Raised
Delivery management solutions provider
-
45/100
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Knit's Latest cap tables and shareholding

Founders (largest shareholder) own 61.80%, Funds own 36.27% and Angels own 1.93%. The net worth of Knit's founders is INR 13.6Cr as of Dec 23, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.80%
13.6Cr
6385809
3673985
7519842
8388093
6882681
2706554
4286326
2659727
7409234
5406712
4795004
3329329
8964637
3826007
1615240
9390712
Fund
36.27%
7.98Cr
7240809
5285317
2268152
9849865
1423998
1404901
7377073
7005880
8654453
2207359
7799187
3932101
5404075
9911214
7540738
7840871
333
518
923
765
646
333
Angel
1.93%
42.7L
4
4
8
2
0
0
0
0
0
0
Total
100.00%
22Cr
3347665
5979298
5139186
1323003
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Knit's Shareholding

Knit's Investments and acquisitions

Knit has made no investments or acquisitions yet.

Reports related to Knit

Here is the latest report on Knit's sector:

News related to Knit

Media has covered Knit for 1 event in last 1 year.
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