Svix

Svix

Webhook API for secure data exchange

About Svix

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

Industries

Enterprise Software

Cybersecurity

Company Size

1-10

Company Stage

Seed

Total Funding

$10.1M

Headquarters

New York City, New York

Founded

2021

Overview

Svix provides a solution for managing webhooks, which are automated messages sent between applications when specific events occur. Their main product is a webhook API that simplifies the process of sending and receiving these messages, helping businesses save time and resources in software development. Svix stands out from competitors by ensuring compliance with various security and privacy standards, such as SOC 2 Type II, HIPAA, GDPR, and CCPA, making it particularly appealing to industries like healthcare and finance that prioritize data security. The company operates on a tiered subscription model, offering a free tier for new users and an enterprise tier with custom support. Additionally, Svix is dedicated to the open-source community, releasing many components as open-source software and contributing to existing projects. The goal of Svix is to provide a secure and efficient webhook management solution while supporting the open-source ecosystem.

YC Company
📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for webhook solutions due to microservices architecture adoption.
  • Rising importance of data privacy boosts Svix's compliance-based competitive advantage.
  • Growing IoT sector requires efficient data communication, benefiting Svix's services.

What critics are saying

  • Increased competition from emerging webhook service providers could erode market share.
  • Over-reliance on healthcare and finance sectors may pose revenue risks.
  • Rapid technological advancements could render current offerings obsolete if not updated.

What makes Svix unique

  • Svix offers a secure, reliable webhook API simplifying real-time data exchange.
  • The company is committed to open-source, contributing to community tools and projects.
  • Svix's compliance with SOC 2, HIPAA, GDPR, and CCPA enhances its competitive edge.

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Funding

Total Funding

$10.1M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Retirement Plan

Paid Sick Leave

Paid Vacation

Company Equity

Company News

Svix
Oct 26th, 2023
Built-in Support for Slack and Discord in Transformations

In a previous blog post, Svix Terms introduced Transformation Templates, which make transformations much easier to use for your customers.

Svix
Sep 13th, 2023
Introducing: event type feature flags

Svix Terms recently added support for hiding event types behind feature flags to make it easy to support these scenarios, and this blog post will show you how.

Startup Around
Apr 6th, 2023
Svix Raises Funding Round

Svix, a San Francisco, California-based startup that aims to make server-to-server communication easy, secure, and reliable, raised a new round of funding. The round was led by Andreessen Horowitz with participation from Y Combinator Continuity and existing investors Aleph, Y Combinator, Andrew Miklas, Yuri Sagalov (Wayfinder), Kevin Mahaffey (SNR), Christopher Golda (Rogue Capital), Jason Warner, Ian Storm Taylor, Kurt Mackey, Hana Mohan, Holly Dunlap, and Michael Orland. The company intends to use the funds to expand operations and its business reach. Led by Tom Hacohen, Founder & CEO, Svix provides large and small companies with a platform to build a state-of-the-art webhooks solution in minutes. 2nd degree connection2ndFinSMEs28/02/2023

Andreessen Horowitz
Feb 22nd, 2023
Investing in Svix | Andreessen Horowitz

Andreessen Horowitz is excited to announce today that Andreessen Horowitz is leading a new round of funding in Svix.

Finsmes
Nov 22nd, 2021
Svix Raises $2.6M in Pre-Seed Funding

Svix, a Tel Aviv, Israel – based webhooks as a service company, raised $2.6m in pre-seed funding

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