Zapier Explained

Zapier
Logo Size:250px
Author:Wade Foster, Bryan Helmig, Mike Knoop
Developer:Zapier Inc.
Language:English
Genre:Task automation

Zapier is a company that provides integrations for web applications for use in automated workflows.

Overview

Zapier provides workflows that allow different web applications to be used in the same workflow. Their products focus on automating recurring tasks, such as lead management.[1] [2] Users can set up "rules" that set up the flow of data between different tools and services. [1] [3] [4]

History

Zapier was founded in Columbia, Missouri by Wade Foster, Bryan Helmig, and Mike Knoop in 2011.[5] The following year, they were accepted to the Y Combinator[6] startup seed accelerator and temporarily relocated to Mountain View, California. In October 2012, Zapier received a $1.3 million seed round led by Bessemer Venture Partners.[7]

In March 2017, the company offered a "relocation package", consisting of a $10,000 moving reimbursement to employees who wished to leave the San Francisco Bay Area.[8]

In 2020, as the Covid-19 pandemic spread, Zapier set up a $1 million small business assistance fund for struggling customers.[7]

Sequoia Capital and Steadfast Financial bought shares from some of the company's original investors in January 2021 at a valuation of $5 billion.[7] [9]

In March 2021, the company acquired Makerpad, a no-code education service, for an undisclosed sum of money.[10]

As of January 2022, the company employs approximately 500 people in 38 countries.[11]

See also

Notes and References

  1. Web site: Finnegan . Matthew . 2020-11-24 . Understanding Zapier, the workflow automation platform for business . March 8, 2022 . computerworld.com.
  2. Web site: Glantz . Jen . Jen Glantz . 2022-01-25 . 5 digital tools that save me thousands of dollars a year as a small-business owner . March 8, 2022 . businessinsider.com.
  3. Web site: Newman . Jared . 2018-06-12 . Business-app automation kingpin Zapier has its eye on consumers . March 8, 2022 . fastcompany.com.
  4. Web site: Asplund . Jan-Erik . 2021-03-24 . Zapier: The $7B Netflix of Productivity . March 8, 2022 . sacra.com.
  5. Web site: Zapier CEO Wade Foster on scaling a remote team up to 300 employees . techcrunch.com . March 8, 2022.
  6. Web site: How Zapier Went From Zero to 600,000+ Users in Just Three Years. 26 July 2016.
  7. Web site: Zapier's CEO Reveals How His Automation Startup Reached A $5 Billion Valuation Without Jumping On The VC 'Hamster Wheel' . forbes.com . March 10, 2022.
  8. Web site: Get outta town: startup offers workers $10,000 if they 'delocate' from Silicon Valley. the Guardian. 2017-03-22. 2024-06-24.
  9. Web site: Sequoia Buys Shares in Elusive Startup Zapier at Multibillion-Dollar Valuation . theinformation.com . March 10, 2022.
  10. Web site: Zapier buys no-code-focused Makerpad in its first acquisition. 2021-03-09. TechCrunch. en-US.
  11. Web site: The rise of the 15-minute meeting — and how to run one . cnbc.com . March 8, 2022.