Hasura

Hasura

Cloud-hosted platform for building GraphQL APIs

Founded

2017

Headquarters

Bengaluru (India)

Status

Series C

Company Details

Website

Socials

Email

Phone

N/A

Hasura is a leading software technology company specializing in instant data access and API automation for modern application development. Operating in the software development and cloud infrastructure industry, Hasura serves a global market that includes startups, enterprises, and developer communities across sectors such as e-commerce, healthcare, finance, and education.

Business Model & Revenue Streams

Hasura operates on an open-core business model, offering its core GraphQL Engine as open-source software while monetizing through premium cloud services and enterprise features. Its primary revenue streams include :

  • Free Tier: Entry-level, limited features for small projects and proof-of-concept development.

  • Professional Plan: Pay-as-you-go, consumption-based billing for growing businesses, based on API request volume, data passthrough, and concurrent connections.

  • Enterprise Plan: Custom pricing, annual commitments, dedicated infrastructure, advanced security, and 24/7 support for large organizations. 

Customer Segmentation:

  • B2B Focus: Startups, SMBs, and large enterprises seeking to modernize data access and accelerate application development.

  • Developer Community: Individual developers and technical teams leveraging open-source tools for rapid prototyping and innovation.

  • Industry Verticals: Solutions tailored for diverse sectors, including finance, healthcare, e-commerce, and education.

Growth Strategy:

  • Product Innovation: Continuous enhancement of platform capabilities, including AI integration, support for more databases, and advanced observability.

  • Strategic Partnerships: Collaborations with cloud providers, technology vendors, and industry leaders to expand reach and ecosystem integration.

  • Market Expansion: Targeting new geographic regions and industry verticals, supported by a global go-to-market strategy.

  • Community Engagement: Leveraging a vibrant open-source community to drive adoption, gather feedback, and foster innovation.

Competitive Differentiation:

Compared to industry Hasura excels in:

  • Instant, unified GraphQL API generation for multiple databases.

  • Superior performance via optimized SQL compilation and query caching.

  • Flexible extensibility for custom business logic and data federation.

  • Robust security, fine-grained permissions, and enterprise-grade scalability.

Conclusion:

Hasura is positioned for continued rapid growth, fueled by market expansion, ongoing product innovation, and increasing enterprise adoption. Its flexible, scalable business model and strong open-source foundation provide a durable competitive advantage, making Hasura a compelling choice for investors, researchers, and industry professionals seeking exposure to the next generation of API and data infrastructure solutions.

Key People

Tanmai Gopal

Rajoshi Ghosh

Key Metrics

Total Equity Funding

$239 Million

No. of Funding Rounds

4

Latest Funding Round

$203Million, Series C

as of February 22, 2022

Post Money Valuation

$1 Billion

as of February 22, 2022

Funding Multiple

4.18

as of February 22, 2022

Investors

Nexus Venture Partners

and 2 more

Employee Count

167

Similar Companies

Requestly

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
February 22, 2022Series C$203Million$1 Billion--Greenoaks, Nexus Venture Partners, Lightspeed Venture Partners, Vertex Ventures
July 31, 2020Series B$25 Million--- Lightspeed Venture Partners, Nexus Venture Partners, STRIVE, SAP.iO, Vertex Ventures
July 19, 2019Series A$9.9 Million--- SAP.iO, Nexus Venture Partners, STRIVE, Vertex Ventures
August 2, 2017Seed$1.6 Million$5.7 Million-- Nexus Venture Partners, STRIVE, ATI Investments

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