Tyk provides an open-source API gateway and management platform that helps engineering teams manage, monitor, and secure APIs. Its offering is used in highly regulated industries including financial services, healthcare, and government, and customers include Societe Generale, Starbucks, and Domino’s. The company currently has over 100 staff globally. Tyk raised $35 million to accelerate further growth and plans to double its team size within the next year. The firm is seven years old and has raised $40.5 million in total to date. Tyk Technologies provides an API management platform and gateway that acts as a security and management layer between APIs, enabling companies to share data securely with third parties and sell services through indirect channels. Its product helps engineering teams build web platforms and scale APIs across sectors including retail, finance, telecoms, healthcare, media and the public sector. Client customers include Starbucks, Domino's, Sephora and the UK Ministry of Justice. The company is led by co-founder and CEO Martin Buhr and operates from London with a Singapore office opened in 2017. Tyk raised a £4m Series A to support growth and expansion. The firm intends to use the funds to accelerate its expansion into the US and to grow engineering teams across EMEA and APAC, including opening an Atlanta office in the summer.

Total raised

$40M

Funding rounds

2

Latest round

Series B

Latest activity

Sep 2021