Overview

Ampersand is a developer platform that specializes in creating user-facing integrations for businesses. It helps companies connect their various software systems, known as Systems of Record, with minimal engineering and customer support effort. The platform simplifies the integration process, allowing clients to link their systems efficiently without needing extensive technical knowledge. Ampersand stands out from its competitors by offering a comprehensive suite of tools and services that streamline these integrations, which helps clients save time and resources. The company's goal is to enable developers and IT departments to focus on their core business activities by making complex system integrations easier and more manageable.

Simplify's Take

What believers are saying

• Increased demand for low-code integration solutions benefits Ampersand's platform.
• Expansion of the SaaS market boosts the need for seamless software integrations.
• AI-driven integration tools align with Ampersand's focus on optimizing integration processes.

What critics are saying

• Emerging platforms offering similar services at lower costs threaten Ampersand's market share.
• Rapid SaaS technology evolution may strain Ampersand's resources for platform updates.
• Economic downturns could reduce SaaS companies' budgets for integration platforms.

What makes Ampersand unique

• Ampersand reduces engineering time for deep integrations with Systems of Record.
• The platform offers a comprehensive suite of tools for efficient system integration.
• Ampersand focuses on user-facing integrations, minimizing customer support time.

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Funding

Total Funding

$4.7M

Above

Industry Average

Funded Over

1 Rounds

$4,700,000

Seed

Apr 2023

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.

Seed Funding Comparison

Above Average

Industry standards

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$4.7M