Prismatic

Prismatic

Integration platform for B2B software companies

About Prismatic

Simplify's Rating
Why Prismatic is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$33.2M

Headquarters

Sioux Falls, South Dakota

Founded

2019

Overview

Prismatic offers an integration platform for business-to-business (B2B) software companies, focusing on the software-as-a-service (SaaS) market. The platform allows SaaS product and development teams to build software integrations quickly, reducing engineering time and speeding up sales and onboarding. With a user-friendly low-code designer and API connectors, it enables both developers and non-developers to create integrations, which helps businesses save costs and improve efficiency. Prismatic's goal is to simplify the integration process for different software systems, making it easier for companies to connect their applications.

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Simplify's Take

What believers are saying

  • Prismatic raised $22M in Series B funding, supporting further innovation and growth.
  • The platform enables integrations up to eight times faster, enhancing efficiency for B2B SaaS teams.
  • Prismatic's expansion to UK and Canada increases its global reach and customer base.

What critics are saying

  • Emerging competitors like StackOne are investing in AI, challenging Prismatic's market position.
  • Rapid AI advancements may require Prismatic to invest significantly to keep up with competitors.
  • Regulatory compliance challenges arise with Prismatic's expansion to new hosting regions.

What makes Prismatic unique

  • Prismatic offers both low-code and code-native integration options for diverse skill sets.
  • The platform empowers non-developers, reducing dependency on technical teams for integrations.
  • Prismatic consistently wins G2 awards for usability and customer relationships, highlighting its market leadership.

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Funding

Total Funding

$33.2M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Remote Work Options

Unlimited Paid Time Off

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

9%

2 year growth

22%
PR Newswire
Jul 3rd, 2024
Prismatic'S G2 Awards Highlight Consistent Market Leadership In Embedded Ipaas

Recognition highlights consistent product innovation and market-leading customer satisfactionSIOUX FALLS, S.D., July 3, 2024 /PRNewswire/ -- Prismatic, the only embedded iPaaS that empowers both developers and non-developers , has been named a Momentum Leader in embedded integration platforms in G2's summer Momentum Grid® Report. The company also earned G2's Leader, Best Usability, and Best Relationship awards.This quarter's G2 reports for embedded integration platforms mark the sixth consecutive time that Prismatic has been named a Momentum Leader. According to G2, this award identifies products on a high growth trajectory that are delivering innovative solutions to meet the evolving needs of users.It is also Prismatic's eighth consecutive quarter as a Leader in the embedded iPaaS category, eighth consecutive Best Relationship award, and third consecutive Best Usability award. G2's awards are based on data collected from user reviews."Each quarter we are named a G2 Leader and Momentum Leader and consistently lead the market in customer satisfaction and usability. We couldn't ask for better proof that we are a true leader and innovator in the embedded iPaaS market," said Michael Zuercher , CEO and co-founder of Prismatic.Reviewers praised the platform for helping them deliver integrations more quickly and enabling more members of their teams to contribute:"What truly resonates with developers like myself is Prismatic's versatility. It caters to diverse skill sets, offering both low-code and code-native building experiences

PR Newswire
Mar 31st, 2024
Prismatic Named Number One Momentum Leader In Embedded Integration Platforms By G2

Recognition across usability and customer relationships based on consistently high user satisfaction ratings and fast growthSIOUX FALLS, S.D. , April 1, 2024 /PRNewswire/ -- Prismatic, a leading embedded integration platform , has been named the number one momentum leader in embedded integration platforms in G2's spring Momentum Grid®. In addition to being named the top trending embedded iPaaS, Prismatic also earned G2's Leader, Best Usability, and Best Relationship awards.Momentum scores for Embedded Integration Platforms are shown here. The Momentum Grid® highlights each product’s Momentum score on the vertical axis and the product’s Satisfaction score on the horizontal axis. These scores are based on G2’s Satisfaction and Momentum algorithms. Products with a top 25% Momentum Grid® score are shown within the shaded area below.The Momentum Grid® identifies products on a high growth trajectory that are delivering innovative solutions to meet the evolving needs of users

PR Newswire
Mar 8th, 2024
Prismatic Introduces Code-Native Integration Building Experience, Providing B2B Saas Companies Maximum Versatility

The embedded iPaaS now offers both code-native and low-code integration building experiencesSIOUX FALLS, S.D., March 8, 2024 /PRNewswire/ -- Prismatic, the world's most versatile and dev-friendly embedded integration platform, today announced that it has launched a code-native integration building experience. B2B SaaS teams now have the option to build integrations completely in code or in Prismatic's low-code designer, empowering developers and non-developers alike to build integrations efficiently using tools that are optimized for their skillsets.With integration demands on the rise, B2B SaaS companies are spending much of their engineering capacity building customer-facing integrations at the cost of core product development. They are increasingly turning to embedded integration platforms (embedded iPaaS) to help, but the vast majority of these solutions leave B2B SaaS teams locked into a low-code-only or high-code-only strategy.Prismatic, with a long-standing focus on versatility and dev-friendliness, has earned significant traction among B2B SaaS teams of all sizes across a wide variety of industries, and users report delivering integrations up to 8 times faster than previously."Our users have seen huge success building integrations with our low-code designer and powerful dev tooling like our custom connector SDK. It's a powerful combination that enables our users to build any integration their customers need," said Marcus Edgington , VP of Product at Prismatic. "With the recent enhancements to our low-code designer, users are building integrations in Prismatic faster than ever, especially technical non-developers. Now, with code-native integrations, we've created an equally efficient integration building experience for dev users who feel more comfortable and productive building integrations entirely in code."This launch comes on the heels of significant enhancements to Prismatic's low-code designer and a $22 million Series B funding announcement."Versatility is absolutely critical in an integration solution for B2B SaaS

PYMNTS
Mar 5th, 2024
Stackone Raises $3.6 Million To Grow Integration-Platform-As-A-Service Offering

StackOne has raised $3.6 million in seed funding to grow its embedded integration-platform-as-a-service (IPaaS) offering. The company will invest in artificial intelligence (AI) to grow this unified application programming interface (API) offering for the enterprise software-as-a-service (SaaS) sector, StackOne said in a Tuesday (March 5) press release. It will also expand its presence in the United States, European Union and Australian markets

PR Newswire
Jan 31st, 2024
Prismatic Unveils New Integration Designer Experience To Empower Faster Integrations For B2B Saas Companies

Updated design and capabilities will enable developers and non-developers alike to build integrations even fasterSIOUX FALLS, S.D., Jan 31, 2024 /PRNewswire/ -- Prismatic , a leading embedded integration platform, debuted significant enhancements to its low-code integration designer , making it even more intuitive and user-friendly. This update empowers B2B SaaS companies to build, test, and deploy integrations for their customers more easily than ever before.Integration capabilities are essential for B2B SaaS, but traditional integration methods are time- and resource-intensive. Prismatic's embedded integration platform makes building integrations fast, easy and accessible, empowering both developers and non-developers to connect their products to the other apps their customers use.The platform has received significant traction among B2B SaaS teams of all sizes across a wide variety of industries, and Prismatic users report delivering integrations up to eight times faster than previously. Some teams use code and others use low-code to build integrations in Prismatic, and the company continually invests in both experiences."We've seen huge user engagement and success with our low-code designer, so we're thrilled to announce we've doubled down and made that experience even better. This update creates a smoother and more efficient journey for building integrations in our low-code environment while remaining as powerful and flexible as ever," said Marcus Edgington , VP Product at Prismatic. "Teams can bring new integrations to market even faster, and new users can hit the ground running because we've simplified the integration journey from building to testing to deployment."With this update, users can:More quickly add and configure components as they build integrations.Test and troubleshoot integrations more efficiently and ultimately reduce errors.Easily navigate large and complex integrations with new features like panning and zooming.This release comes on the heels of Prismatic's $22 million Series B funding announcement and reinforces the company's commitment to providing the most comprehensive and versatile integration solution for B2B SaaS teams."SaaS companies have widely varying needs and preferences regarding the teams and tools they use to build integrations

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