Paragon

Platform for building native integrations

California, United States

About Paragon

Paragon provides a platform for product and engineering teams to create and manage native integrations for their applications. It offers a Software Development Kit (SDK) and an embedded Integration Platform as a Service (iPaaS), enabling clients to build integrations with third-party applications significantly faster than doing it in-house. The platform simplifies complex tasks such as user authentication and adapting to changes in third-party APIs, which alleviates pressure on clients' engineering teams. Paragon also includes a workflow builder for defining integration logic, pre-built connectors and triggers, and a monitoring suite to ensure reliability. This platform is designed to be embedded directly into clients' products, creating a smooth integration experience for users. Paragon generates revenue by charging clients based on the usage of its platform and services, with pricing varying according to the scale and complexity of the integrations needed.

None, CaliforniaHeadquarters
2019Year Founded
$18.8MTotal Funding
SERIES_ACompany Stage
Data & Analytics, Enterprise SoftwareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Remote Work Options

Risks

Increased competition from platforms like Hevo could threaten Paragon's market share.
Market confusion due to multiple companies using the name 'Paragon'.
Reliance on third-party APIs poses risks if these APIs change or are deprecated.

Differentiation

Paragon offers a seamless integration experience with hundreds of SaaS apps.
Their platform reduces integration time by 7x compared to in-house development.
Paragon provides a robust monitoring suite ensuring reliability and uptime.

Upsides

Paragon has grown 6x in the last year, now serving nearly 100 customers.
They raised $13M in Series A funding, aiding expansion and product development.
The SaaS market expansion offers more integration opportunities for Paragon.

Funding

Total raised$18.79 M
Latest valuation$83.35 M
StageSERIES_A