Composable business specialist Fastn secures $2.6 million funding round and bags HP as a customer

Fastn has announced a $2.6 million seed funding round led by LiveOak Ventures and Antler.

Leveraging AI, the startup aims to simplify the process of composing and connecting modular components, focusing on reusability, adaptability, and observability.

Instead of custom building applications from scratch, businesses can now rapidly compose and connect existing solutions, break down silos, and streamline their technology stacks.

“Each era of application architecture has required a new platform to integrate between components,” says Creighton Hicks, Partner at LiveOak Ventures.

“Composable – or headless – architecture is rapidly gaining mindshare, yet enterprises struggle to adopt it and rely on custom code to connect components. Fastn is uniquely positioned to be this new platform, enabling enterprises to easily adopt composable architecture.” 

Founded in March 2023, the company launched its proof-of-concept a few months later and began to acquire early adopter beta users. “Fastn is redefining application development for the modern enterprise,” says Khalid Muaydh, Founder and CEO at Fastn.

“Our platform transforms the way businesses create and integrate composable applications, offering a flexible and efficient approach. We're leading the charge in composable architecture, driving the future of enterprise software.”

Investor Chris Bach, board member at MACH Alliance, comments: “Composability is the future of development, though it comes with its own set of challenges. While it offers tremendous potential, the complexities of orchestration and operation involved can hinder progress if not done right.”

“Fastn’s mission is promising, as it aims to address something that is core for these challenges head-on, simplifying composing applications and enabling developers to focus on what truly matters - crafting exceptional user experiences.”

HP has adopted Fastn's composable platform.

“Fastn has enabled us to connect our APIs with our customers' applications and infrastructure, drastically reducing our time-to-market. With Fastn, what used to take weeks and months now takes hours and days" says Gaurav Roy, VP of Engineering at HP.

“Leveraging Fastn, we've eliminated development bottlenecks and significantly expanded the customer environments we address, connected disparate systems more efficiently, and significantly the scale our application can handle.”

“By white labelling aspects of Fastn within our UI, we've empowered our customers with guided, self-serve capabilities, allowing us to meet their evolving needs.Backed by robust security and SOC-2, Fastn provides enterprise-grade assurance that HP requires to scale securely.”

Prerna Sharma, General Partner at Antler, comments: “Fastn is now positioned to build the defining solution that will change the way engineers compose workflows and orchestrate real-time data, surpassing existing traditional iPaaS solutions.”

2024 RTIH INNOVATION AWARDS

Composable commerce is a key focus area for the sixth edition of the RTIH Innovation Awards, which is now open for entries.

The awards, sponsored by CADS, 3D Cloud, Retail Technology Show 2025, and Business France, celebrate global tech innovation in a fast moving omnichannel world.

It’s free to enter and you can do so across multiple categories.

Key 2024 dates

Friday, 25th October: Award entry deadline 

Tuesday, 29th October: 2024 shortlist revealed

30th October-6th November: Judging days

Thursday, 21st November: Winners announced at the 2024 RTIH Innovation Awards ceremony, to be held at RIBA’s 66 Portland Place HQ in Central London.