Paragon

Paragon

Platform for building native integrations

About Paragon

Simplify's Rating
Why Paragon is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$18.8M

Headquarters

California

Founded

2019

Overview

Paragon provides a platform for product and engineering teams to create and manage native integrations for their applications. Their service includes a Software Development Kit (SDK) and an embedded Integration Platform as a Service (iPaaS), which enables clients to build integrations with third-party applications significantly faster than doing it in-house. Paragon's platform simplifies complex tasks such as user authentication and adapting to changes in third-party APIs, which alleviates pressure on clients' engineering teams. Additionally, it features a workflow builder for defining integration logic, pre-built connectors and triggers, and a monitoring suite to ensure reliability. This platform is designed to be embedded directly into clients' products, offering a smooth integration experience for users. Paragon generates revenue by charging clients based on the usage of its platform and services, with pricing varying according to the scale and complexity of the integrations needed.

YC Company
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Simplify's Take

What believers are saying

  • Paragon has grown 6x in the last year, now serving nearly 100 customers.
  • They raised $13M in Series A funding, aiding expansion and product development.
  • The SaaS market expansion offers more integration opportunities for Paragon.

What critics are saying

  • Increased competition from platforms like Hevo could threaten Paragon's market share.
  • Market confusion due to multiple companies using the name 'Paragon'.
  • Reliance on third-party APIs poses risks if these APIs change or are deprecated.

What makes Paragon unique

  • Paragon offers a seamless integration experience with hundreds of SaaS apps.
  • Their platform reduces integration time by 7x compared to in-house development.
  • Paragon provides a robust monitoring suite ensuring reliability and uptime.

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Funding

Total Funding

$18.8M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$16.7M
Paragon
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-2%

2 year growth

-3%
iTWire
Jan 8th, 2025
Singtel's Paragon wins Platform award at 2024 World Communication Awards [Featured]

Singtel has announced that its all-in-one aggregation and business orchestration platform, Paragon, has won the Platform award at the 2024 World Communication Awards (WCA), for addressing a critical challenge faced by enterprises: orchestrating multiple technology solutions to serve their business needs.

Intelligence360
Aug 18th, 2022
Los Angeles California Based Forge Technology Dba Paragon Is Raising $16,673,000.00 In New Equity Investment.

Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, Forge Technology dba Paragon is raising $16,673,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Brandon Foo played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About Forge Technology dba Paragon

People of Color in Tech
Aug 4th, 2022
POC-Led Startup Raises $13M To Help Companies Integrate SaaS Apps

Black-led embedded integration platform Paragon has raised $13 million in a Series A funding round led by Capital Partners.

TechCrunch
Jul 27th, 2022
Paragon Wants To Be The Plaid Of Saas Apps

Paragon, a startup building a platform that integrates and aggregates various software-as-a-service (SaaS) apps for enterprise clients, has raised $13 million in a series A round led by Inspired Capital, alongside previous investors FundersClub and Garuda Ventures. CEO and co-founder Brandon Foo said that the tranche will be put toward “scaling” and expanding Paragon’s team across the engineering and go-to-market teams. Paragon, a part of Y Combinator’s winter 2020 cohort, is designed to allow software products to integrate with third-party apps without disrupting existing workflows. Companies can use the platform to build SaaS integrations into their products that are then provided to their end users, with features such as fully managed authentication and prebuilt integration interfaces

Paragon
Oct 21st, 2021
Useparagon launched Custom Integration Builder on Oct 21st 21'.

Today, Useparagon is excited to announce its new Custom Integration Builder, which makes it easy to integrate with any SaaS app on Paragon - even if Useparagon don't have a pre-built connector for it.

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