These ForbesUnder30 alumni have raised $13 million for their startup, Paragon, which seeks to be an essential bridge connecting business software applications. They explain how in a conversation with another Under 30 alum, our contributor Frederick Daso.
We later realized that every SaaS company faces the same challenge. In the past five years, the software ecosystem has grown nearly ten-fold, and the average organization uses hundreds of SaaS applications. So, for ‘future work’ to work, software products cannot exist in a silo—they must integrate seamlessly with other apps customers use. Integrations have the power to turn a product into a platform and to provide an incredible experience that fits seamlessly with users’ existing workflows.
At Paragon, we believe in providing a simple, productized solution that abstracts the complexities of SaaS integrations into a single SDK that could be natively embedded in any product. In addition, our solution provides a seamless user experience while allowing developers to build deep integrations for production use cases. Our vision was to do for SaaS integrations what Plaid had done for banking integrations.
As the software ecosystem grows, our vision is that Paragon will become the connecting layer for all software. Just as Plaid has made it virtually inconceivable for any company to build their banking integrations, we believe no company will ever have to develop or maintain their own SaaS integrations again because of Paragon.
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