Platformatic secures $3.5 million, launches tech to simplify back-end development for enterprises

Platformatic's co-founders.
Platformatic co-founders Matteo Collina (CTO) and Luca Maraschi (CEO).
Platformatic is backed by Decibel, Panache, and developer and open-source angels.

Platformatic has closed $3.5 million USD in seed funding and launched a new API platform to help developers and companies focus on building “applications that matter instead of complex underlying infrastructure.”

The startup was founded in 2022 by CTO Matteo Collina—the creator of Fastify—and CEO Luca Maraschi, a repeat founder who previously served as CTO of MobileLive, vice-president of engineering at, and chief architect at Telus. Platformatic is headquartered in San Francisco and has an office in Vancouver, where Maraschi is based.

Platformatic aims to ensure that Fastify is the “go-to web framework for Node.js development.”

Backed by a group that includes Palo Alto-based Decibel, Canada’s Panache Ventures, and several angels from the developer and open-source tech community, Platformatic plans to use this funding to expand its platform and grow its team, as the software startup looks to ensure that Fastify is the “go-to web framework for Node.js development.”

After spending years building the same back end “dozens of times” for Node.js applications at scale, Maraschi told BetaKit that he and Collina set out to build a solution to address this issue.

Node.js is an open-source server environment that allows developers to create front-end and back-end applications using JavaScript. According to Platformatic, Fastify is one of the most popular web frameworks within the Node.js ecosystem. Platformatic claims Fastify has more than four million downloads per month, 3x year-over-year growth, and a user base that includes Capital One, Walmart, American Express, and hundreds of other enterprises.

Platformatic’s equity funding round was led by Decibel, with participation from Panache, GitHub founder Tom Preston-Werner, Socket founder and CEO Feross Aboukhadijeh, major Node.js contributor James Snell, and founder Jevon MacDonald, among others. Maraschi declined to disclose Platformatic’s valuation or total funding to date.

According to Platformatic, while a new generation of tools focused on simplifying front-end development has emerged—from React, to Next.js, to Vercel—“Little has been done for the back end because it’s a more rigid environment to change.”

RELATED: Panache closes $100 million for second fund as firm doubles down on seed-stage startups

According to Maraschi, the current developer experience “is terrible for the back end: repetitive, time-consuming, and complex.”

“It takes weeks to set up even a simple environment,” he added. “Back-end devs are under intense pressure to develop software at lightning speed. They don’t want to spend time doing boring, redundant tasks that feel like a waste of their creative problem-solving skills.”

At the same time, Maraschi argued that modern businesses need to keep “pace with user demands without over-burdening platform engineering teams.” Platformatic aims to help address this issue with its tech.

“As someone who once built a company with a foundation in Node.js, the significance of what Luca and Matteo are creating at Platformatic immediately resonated with me,” Panache general partner Chris Neumann told BetaKit. “The fact that we had firsthand experience with Luca’s work ethic and determination through a prior role at another Panache portfolio company made it easy for us to want to back them.”

As Platformatic expands, the startup intends to grow its footprint in Canada. “With roots as a Canadian company, the Canadian market is of close interest to us,” Maraschi said.

UPDATE (06/01/23): This story was updated to note responses from Platformatic.

Feature image courtesy Platformatic.

Josh Scott

Josh Scott

Josh Scott is a BetaKit reporter focused on telling in-depth Canadian tech stories and breaking news. His coverage is more complete than his moustache.

0 replies on “Platformatic secures $3.5 million, launches tech to simplify back-end development for enterprises”