Nylas Series-C

This is the Nylas pitch deck to raise a $120m series-c round in 2021.

About

Nylas provides an API platform that enables developers to quickly and securely access and process user data from any email, calendar, and contact provider in the world. The solution allows developers to integrate complex, unstructured communications data into their applications in days, providing secure pre-built integrations that are SOC 2 certified, GDPR compliant, Privacy Shield certified, and HIPAA and FINRA-ready.

Eight-year-old startup Nylas just raised fresh funding to make it easier for developers to integrate their products with other tools.

The San Francisco-based firm announced a $120 million Series C on Thursday led by Tiger Global Management with participation from existing investors Citi Ventures and Slack Fund, as well as new investors including Blue Owl Capital, and individual contributions from Stripe cofounders Patrick and John Collison.

This latest round brings Nylas’ total funding raised to $175 million. PitchBook lists Nylas’ valuation as $75 million and while the company declined to share its valuation, cofounder and CEO Gleb Polyakov said it’s “quite a good deal more” than that figure.

Developers can use Nylas’s platform to easily integrate email, scheduling, and work automation features from other major platforms into their tools using applications programming interfaces (or APIs). With just a few lines of code, developers can connect their applications to service providers like Gmail, Outlook, and Microsoft Exchange in a way that allows users to not just receive information, but actively edit it (like deleting emails, say).

“Sending and receiving communications data is easy — processing and structuring that data and making it easier to connect and build integrations with other systems with just a few lines of code is the hard thing,” cofounder and CEO Gleb Polyakov told Insider. “We’ve helped companies save thousands of hours and numerous months on development time.”

The firm plans to use its new funding to continue creating new tools for developers, investing in artificial intelligence and machine learning, and scaling its team to support the 700 companies and 60,000 developers currently using Nylas.

The round comes amid a growing focus on the “API economy,” in which businesses leverage APIs established by third parties rather than spending internal resources creating their own infrastructure from scratch.

“We are seeing that more traditional, non-technical, and highly regulated industries are increasingly coming around, and recognizing the power of APIs and work automation,” Polyakov said.

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