Teen Best Friends Raise $500K Investment for Their AI Startup, APIGen
Summary
APIGen is developing a platform that builds custom APIs from natural language prompts, enabling businesses to easily connect different applications and perform complex tasks. The founders, who met on their schools debate team, realized the need for such a platform while building a chatbot that relied on APIs. After crafting an alpha version of their idea and receiving feedback from local programmers, they reached out to VCs and eventually caught the attention of Philip Broenniman, founder of Varana Capital. Fitzgerald and Van Landschoot have already built a community of supporters in Boulders active AI Meetup, and they are working towards releasing a beta version of their product this month. Despite competition in the market, Varana sees great potential in APIGen and believes in the founders abilities to carve out their own space.