AI-powered platform automates SDK creation from APIs
Major clients like OpenAI and Meta rely on Stainless to manage SDKs, highlighting its appeal in the tech industry.
Stainless, a New York-based startup, is transforming software development with its AI-driven platform that automatically generates software development kits (SDKs) from APIs. Founded by former Stripe engineer Alex Rattray, Stainless addresses the inefficiency developers face in creating SDKs manually, providing support for multiple programming languages like Python, Kotlin, and TypeScript. Its platform also ensures APIs remain updated, simplifying versioning and changelogs.
Attracting major clients such as OpenAI and Meta, Stainless claims its SDKs are downloaded millions of times weekly. Backed by $35 million in funding, including a recent $25 million Series A led by a16z, the company aims to expand its 20-person team and solidify its position in the API development space. Most of its revenue comes from enterprise customers paying for tailored services, driving its annual recurring revenue to $1 million and nearing profitability.
Rattray envisions Stainless as more than an SDK generator. The company plans to build a comprehensive developer platform addressing every aspect of API interaction, setting it apart from competitors like OpenAPI Generator and LibLab.
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