Hotglue Raises $4 Million in Seed Round
Hotglue, a Washington, DC-based B2B SaaS provider of embedded integrations, has raised $4 million in seed funding.
The round was led by 8VC, with participation from Y Combinator, Correlation Ventures, Wayfinder Ventures, and TDF Ventures.
Founded in 2012, 8VC is a venture capital firm that focuses on investing in technology-driven companies across critical industries, including healthcare, logistics, fintech, and enterprise software. Based in Austin, Texas, 8VC seeks to identify and support innovative startups with the potential to transform industries and create significant value.
The company will use the funds to expand its team and develop its technology further.
Founded in late 2020, Hotglue provides an embedded integration platform for software companies to offer integration experiences for their customers. The solution enables developers to embed over 250 pre-built integrations into their applications, providing connectivity across a wide range of third-party tools. Customers range from early-stage startups to established enterprises, including Chargebee and a recently signed publicly traded company. The primary sectors served by Hotglue include customer relationship management (CRM), accounting, and e-commerce tools.
Funding Details
Company: Hotglue
Raised: $4.0M
Round: Seed Round
Funding Date: October 2024
Lead Investor: 8VC
Additional Investors: Y Combinator, Correlation Ventures, Wayfinder Ventures, TDF Ventures
Company Website: https://hotglue.com/
Software Category: SaaS Integrations