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Valuation · 2020

$1.5M

2024 Revenue

$17.1K(Est.)

Customers

25

Funding

$280K

Team

13

Founded

2019

Apiway Revenue, Valuation & Funding (2024)

Apiway generated an estimated $17.1K in annual revenue in 2024. Source: GetLatka estimate

Apiway is a Kyiv, Ukraine-based API integration platform and B2B software marketplace founded in 2019 by Anton Viborniy and two co-founders. The platform allows users to connect applications such as Pipedrive, Gmail, and Google Sheets at no charge, then monetizes through affiliate commissions earned when users adopt recommended SaaS tools such as ActiveCampaign and Pipedrive.

As of August 2021, Apiway reported monthly revenue of approximately $1,000 from its affiliate partner program, equating to a roughly $12,000 annualized run rate. The company was burning between $11,000 and $15,000 per month, funded in part by Viborniy's separate ActiveCampaign reselling business. More than 25 SaaS vendors were paying affiliate revenue, and the platform had delivered 300 to 400 leads and approximately 50 sales to those partners.

Apiway raised a $130,000 pre-seed round in 2020 at a $1.5 million valuation from Unisender, a leading email marketing platform in CIS countries. At the time of the interview, the company was targeting a $1.5 million seed round at a $10 million valuation, with a team of 12 including three co-founders and five engineers.

Last updated

Apiway Revenue

Apiway generated an estimated $17.1K in annual revenue in 2024.

Apiway reported monthly revenue of approximately $1,000 as of August 2021, derived entirely from its affiliate partner program. The host summarized this as a $12,000 annualized run rate at the close of the interview.

Apiway Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$4K$8K$12K$16K$20K2021202220232024$1K$13.5K$17.1KSource: GetLatka.com
YearMilestoneSource
2024Apiway Hit $17.1k revenue in October 2024Estimated
2023Apiway Hit $13.5k revenue in December 2023Estimated
2021Apiway revenue run rate in July 2021: $1kInterview1:39[1]Estimated

More than 25 SaaS vendors were paying Apiway affiliate commissions at the time of the interview. The platform had delivered an estimated 300 to 400 leads and approximately 50 sales to those vendors. ActiveCampaign was cited by Viborniy as the top-earning affiliate partner, given higher contract values relative to simpler tools such as website builders.

Profitability was not discussed in the interview. Monthly burn of $11,000 to $15,000 substantially exceeded the $1,000 in monthly affiliate revenue, with Viborniy noting he was supplementing operations from proceeds of a separate ActiveCampaign reselling business.

Apiway Valuation, Funding Rounds

Apiway reached a $1.5M valuation in 2020.

Apiway has raised $280K in total funding across 2 rounds, with its most recent round in 2020.

Apiway Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$400K$60K$800K$120K$1.2M$180K$1.6M$240K$2M$300K20192020$1.5MSource: GetLatka.com
YearRoundAmountValuationSource
2020Funding round$150K$1.5MInterview4:57[1]
2020Pre-Seed$130K-Interview4:36[2]

Founder / CEO

Anton Viborniy

CEO

Anton Viborniy, age 31 at the time of the August 2021 interview, is the CEO of Apiway and one of three co-founders. He is based in Kyiv, Ukraine. Prior to Apiway, Viborniy operated an ActiveCampaign reselling business, which he continued to run alongside Apiway and which provided supplemental cash to fund operations.

Apiway has three co-founders in total. Viborniy and one co-founder split equity fifty-fifty at founding. A third co-founder joined later and received an option pool allocation at a smaller percentage than the original two. The two other co-founders serve as technical leads, described by Viborniy as two CTOs who are also coders. Their names were not stated in the interview.

Net worth was not discussed in the interview. A GetLatka estimate is not produced here because the ownership percentage and any current valuation basis are insufficient for a reliable calculation given the early stage of the company.

Q&A

QuestionAnswer
What's your age?34

Apiway Leadership Team & Contacts

Anton Viborniy is the CEO of Apiway. GetLatka tracks 1 person at Apiway (1 founder, 1 executive), with job titles, tenure and LinkedIn profiles.

Apiway executives and key employees with job titles, location, LinkedIn and tenure
NameTitlePositionLocationEmailLinkedInStartEnd
Anton ViborniyCEOFounder, CEO-vi***@apiway.ai---

How to contact Apiway

Headquarters
Dnipro, Ukraine
Website
apiway.ai

Verified work emails for the Apiway people listed above are available to GetLatka members; public listings show a masked address only. Listed here and want your details removed? Request removal.

Apiway Founder Interviews

One recorded interview with Apiway. Every figure on this page that came from a recording links to the moment it was said; the full transcripts and chapters are on each interview page.

Apiway Competitors & Alternatives

The closest alternatives to Apiway are Zapier. Apiway generates $17.1K in revenue with 13 employees. Every one of the 20 alternatives below is compared with Apiway on revenue, funding, customers, team size and founding year.

Apiway vs its top alternatives

Apiway is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Apiway compared with its top alternatives on revenue, funding, customers and team size
CompanyApiway logoApiwayThis companyZapier logoZapierTiny API - APIs Made Easy logoTiny API - APIs Made EasyTiny API - APIs Made Easy logoTiny API - APIs Made EasyWavyr logoWavyrSaasrock logoSaasrockPlunk logoPlunkByteAmite logoByteAmiteActionize AI logoActionize AIOneSimpleAPI logoOneSimpleAPI
Revenue$17.1K$310M$18.7K$18.7K$19K$12K$9.8K$6.1K$6K$4.8K
Valuation$1.5MNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Funding raised$280K$1.4MNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Customers25100KNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed
Team size13800221112Not disclosed1
Founded2019201120232023202320232023202320242021
HQDnipro, UkraineUnited StatesIndiaIndiaUnited KingdomUnited StatesBelgiumUnited StatesGermanyUnited States

Apiway competitors ranked

  1. Zapier logo

    1. Zapier

    United States · API Management Tools

    Zapier is a workflow automation platform that allows businesses and individuals to connect more than 1,400 applications and build automated workflows without writing code. Founded…

    Revenue
    $310M
    Funding
    $1.4M
    Customers
    100K
    Team size
    800
    Founded
    2011

Other API Management Tools companies similar to Apiway

  1. Tiny API - APIs Made Easy logo

    2. Tiny API - APIs Made Easy

    India · API Management Tools

    A centralised platform that offers a wide range of APIs

    Revenue
    $18.7K
    Team size
    2
    Founded
    2023
  2. Tiny API - APIs Made Easy logo

    3. Tiny API - APIs Made Easy

    India · API Management Tools

    A centralised platform that offers a wide range of APIs

    Revenue
    $18.7K
    Team size
    2
    Founded
    2023
  3. Wavyr logo

    4. Wavyr

    United Kingdom · API Management Tools

    On demand Internal App Development Platform & Service

    Revenue
    $19K
    Team size
    1
    Founded
    2023
  4. Saasrock logo

    5. Saasrock

    United States · API Management Tools

    Quick start your MVP with out-of-the-box SaaS features like Authentication, Pricing & Subscriptions, Admin & App portals, Entity Builder (CRUD, API, Webhooks, Permissions…

    Revenue
    $12K
    Team size
    1
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    2023
  5. Plunk logo

    6. Plunk

    Belgium · API Management Tools

    The affordable, developer-friendly email platform for SaaS

    Revenue
    $9.8K
    Team size
    1
    Founded
    2023
  6. ByteAmite logo

    7. ByteAmite

    United States · API Management Tools

    ByteAmite offers versatile Azure cloud solutions to meet the unique needs of your business.

    Revenue
    $6.1K
    Team size
    2
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    2023
  7. Actionize AI logo

    8. Actionize AI

    Germany · API Management Tools

    Custom GPT Actions, Easy. Use familiar no-code platforms to connect your GPT to thousands of apps.

    Revenue
    $6K
    Founded
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  8. OneSimpleAPI logo

    9. OneSimpleAPI

    United States · API Management Tools

    The first no-code API designed to save time, money and stress.

    Revenue
    $4.8K
    Team size
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  9. Impli logo

    10. Impli

    France · API Management Tools

    No Code & SaaS Freelance Marketplace

    Revenue
    $30.4K
    Team size
    2
    Founded
    2021
  10. Dashcomb Inc logo

    11. Dashcomb Inc

    Japan · API Management Tools

    Dashcomb Inc is a low-code internal tool development platform founded and led by Tonny Xu, a former CTO of a publicly listed Japanese company. The platform is designed to help…

    Revenue
    $30.4K
    Funding
    $500K
    Customers
    10
    Team size
    2
    Founded
    2022
  11. Yupdates logo

    12. Yupdates

    United States · API Management Tools

    Fast, dev-focused reader for RSS/GitHub/email/bookmarks

    Revenue
    $1.7K
    Team size
    1
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    2010
  12. Directual logo

    13. Directual

    Russia · API Management Tools

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    Revenue
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  13. graphapi logo

    14. graphapi

    Germany · API Management Tools

    graphapi® is a low-code backend that powers your apps through an easy-to-integrate GraphQL API. Offload your developers and empower your non-developers to make your business grow.

    Revenue
    $1.2K
    Team size
    5
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    2023
  14. graphapi logo

    15. graphapi

    Germany · API Management Tools

    graphapi® is a low-code backend that powers your apps through an easy-to-integrate GraphQL API. Offload your developers and empower your non-developers to make your business grow.

    Revenue
    $1.2K
    Team size
    5
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    2023
  15. Gista logo

    16. Gista

    Japan · API Management Tools

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    Revenue
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    Revenue
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  18. ChattyWebviews logo

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    Bulgaria · API Management Tools

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    Revenue
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  19. Juno logo

    20. Juno

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    $1K
    Team size
    1
    Founded
    2023

How Apiway compares

Viborniy identified Zapier and Integromat as the primary direct competitors in the integration platform space, describing both as having significantly deeper resources. He said competing with them head-on was very hard, which led Apiway to differentiate by offering integrations for free and layering on a software marketplace model.

Viborniy also referenced G2Crowd and Capterra as models for the marketplace and review component of Apiway's business, noting that Unisender, Apiway's investor, had paid for placements on those platforms and understood the high customer acquisition costs SaaS vendors face there. No financial figures for any competitor were stated by Viborniy, and none of the above are company-confirmed figures for those rivals.

Apiway vs the API Management Tools market

Apiway ranks #345 of 445 API Management Tools companies by annual revenue, putting it in the top 78% of the market.

Companies tracked
445
Median revenue
$1.6M
Median funding
$11.2M
Median team size
13

All API Management Tools companies ranked by revenue

Customers

Apiway offered its integration platform entirely free to end users as of August 2021. The company reported more than 10,000 total sign-ups since its 2019 launch, with more than 1,000 monthly active users running live integrations, which the company calls WAIs. Those 1,000 active users had collectively created 3,000 WAIs, meaning roughly three integrations per active user on average.

Daily sign-up volume ranged from 40 to 60 organically, up from a baseline of 10 to 30 per day six months prior. During online conference events the company organized, daily sign-ups reached as high as 200. No paid pricing tiers for end users were described; the platform was free at the time of the interview.

Apiway serves 25 customers.

Apiway Business Model

Apiway generates revenue through an affiliate commission model rather than direct SaaS subscription fees. When a user connects two applications on the platform, Apiway surfaces recommendations for complementary SaaS tools and earns a commission when the user converts. Viborniy described the model as a hybrid of a free Zapier and a G2Crowd-style software review marketplace.

As of August 2021, more than 25 SaaS vendors were paying Apiway affiliate commissions, generating approximately $1,000 per month in total affiliate revenue. The platform had referred 300 to 400 leads and closed roughly 50 sales for those vendors. Monthly operating expenses ran between $11,000 and $15,000, producing a net monthly burn of approximately $10,000 to $14,000 against the $1,000 revenue base. Viborniy attributed the manageable burn to lower engineering costs in Ukraine and Russia.

Growth in sign-ups was driven primarily by listings in SaaS vendor app exchanges, including Pipedrive, ActiveCampaign, and a recently launched HubSpot integration. Viborniy also noted that support teams at smaller vendors, such as the Russian chatbot platform BotHelp, were directing users to Apiway when asked about integrations, generating traffic beyond formal marketplace listings. Gross margin, churn, LTV, CAC, and payback period were not discussed in the interview.

Point-in-time figures shared on the GetLatka podcast, each linked to the exact moment it was said on camera.

Free users (2021)

10000(Est.)

“Nathan Latka: And so you launched in 2019. How many total sign ups do you have today? Anton Viborniy: I think more than 10,000, I think. And we have more than 1,000 active users who integrate some, we call it WAI, who are active.”

Watch at 9:08

Apiway Employees & Team Size

Apiway had a team of 12 as of August 2021, including Anton Viborniy and the two other co-founders. Five of the 12 were engineers. The remaining staff included marketing personnel, an event manager responsible for organizing online conferences, and assistants. The two co-founders also served in technical roles as coders and CTOs.

Apiway employs approximately 13 people as of 2024, down from 15 in 2023.

Apiway Team GrowthReported headcount over time04812162020202120222023202412121313Source: GetLatka.com
YearMilestoneSource
2024Reached 13 employees (October 2024)LinkedIn
2023Reached 15 employees (December 2023)LinkedIn
2022Reached 15 employees (December 2022)LinkedIn
2021Reached 12 employees (August 2021)Interview5:47[2]
2020Reached 12 employees (June 2020)Not recorded

Frequently Asked Questions about Apiway

What is Apiway's revenue?

As of 2024, Apiway generated an estimated $17.1K in annual revenue.

What is Apiway's valuation?

As of 2020, Apiway was valued at $1.5M.

Who founded Apiway?

Apiway was founded by Anton Viborniy.

When was Apiway founded?

Apiway was founded in 2019.

Who is the CEO of Apiway?

The CEO of Apiway is Anton Viborniy.

How much funding does Apiway have?

Apiway raised $280K across 2 rounds.

How many employees does Apiway have?

As of 2024, Apiway had 13 employees.

Where is Apiway headquartered?

Apiway is headquartered in Dnipro, Ukraine.

How do I contact Apiway?

You can reach Apiway through its website at apiway.ai. GetLatka members can also view verified work emails for the people listed on this page.

Who are Apiway's competitors?

The closest alternatives to Apiway are Zapier. The profile compares each of them with Apiway on revenue, funding, customers and team size.

What is the best alternative to Apiway?

Zapier is the closest alternative to Apiway, generating $310M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives before choosing.

Is Apiway bigger than Zapier?

No. Zapier generates $310M in revenue versus $17.1K at Apiway.

Compare Apiway to the industry

Apiway operates across multiple industries. Browse revenue, funding, and growth data for Apiway in each sector below.

Full Interview Transcripts

API Integration Tool Hit $1k in MRR, Raised $150k on $1.4m ValuationAug 19, 2021

Read the full interview and its transcript.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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