Closed $20 million Series A funding round, led by Singular.
According to TechCrunch, durable workflow infrastructure startup Restate has announced the completion of a $20 million Series A financing round, led by Singular with participation from Redpoint Ventures and Capital One Ventures.
Founded in 2022 and headquartered in Berlin, Restate focuses on building a multi-step workflow execution engine capable of withstanding crashes and network outages. Leveraging its proprietary storage, replication, and redundancy layers, it features a high-speed, lightweight architecture. The company has recently signed six- to seven-figure contracts with multiple clients, including the vibe coding platform Replit and several Fortune 500 companies in the financial sector. The proceeds from this round will be used to build out the marketing team, scale the engineering workforce, and expand its San Francisco Bay Area office.