How 2 high school teens raised a $500K seed round for their API startup (yes, it’s AI)
18-year-olds raise $500K for AI API startup APIGen, creating custom APIs from natural language prompts.
Christopher Fitzgerald and Nicholas Van Landschoot, both 18-year-old high school graduates, have raised $500,000 in pre-seed funding for their startup APIGen. The investment came from Varana Capital after the duo successfully pitched their idea of creating custom APIs from natural language prompts.
APIGen aims to simplify the creation of complex APIs, enabling functionalities like e-commerce integrations and IoT device management. Despite being in the early stages, with a beta version set to release soon, the startup has already attracted significant interest from AI enthusiasts and potential customers.
Varana Capital's partners were impressed by the young founders' vision and technical skills, as demonstrated in their presentations and product demos. The investment includes office space and mentorship, providing a strong foundation as Fitzgerald and Van Landschoot work towards launching their minimum viable product.