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Stainless helps build SDKs for OpenAI, Anthropic, and Meta | TechCrunch

Dec 10, 2024 - techcrunch.com
Stainless, founded by Alex Rattray, uses AI to automatically generate software development kits (SDKs) from APIs, facilitating easier app creation. Unlike many vendors that only offer APIs, Stainless provides SDKs in multiple programming languages, such as Python, TypeScript, Kotlin, and Go, and updates them as APIs evolve. This approach helps avoid issues like outdated libraries and speeds up integration. Rattray, drawing from his experience at Stripe, claims that Stainless offers superior code quality compared to competitors like OpenAPI Generator. The platform has attracted major clients, including OpenAI and Meta, and has hundreds of paying customers, with SDKs downloaded millions of times weekly.

Stainless recently raised $25 million in a Series A funding round led by a16z, bringing its total funding to approximately $35 million. The company plans to use the funds to expand its 20-person team in New York and further develop its platform. While publishing a single SDK is free, the enterprise tier, which includes additional services, costs between $250 a month and $30,000 a year. Stainless aims to become a comprehensive platform for all API-related needs, with its annual recurring revenue nearing $1 million and approaching profitability.

Key takeaways:

  • Stainless uses AI to automatically generate SDKs from APIs, supporting multiple programming languages and offering features like versioning and changelogs.
  • The platform aims to streamline the process of creating SDKs, reducing the need for in-house development and ensuring consistency and up-to-date libraries.
  • Stainless has attracted major tech companies as customers and offers a free tier for single SDKs, with enterprise options available for more extensive needs.
  • Having recently raised $25 million in Series A funding, Stainless plans to expand its team and further develop its platform to become a comprehensive API-related solution.
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