Fundraising Fox

Restate

Santa Clara, US · Founded 2022 · 6 known investors

restate.dev

Restate is a lightweight runtime that turns AI agents, workflows, and backend services into durable processes with durable execution, consistent state, and reliable communication. Built on a Rust runtime, it lets developers write resilient distributed applications that automatically resume after failures, running on servers, containers, or FaaS via self-hosting or Restate Cloud.

Also known as Restate · restatedev

AI & Machine LearningCloud ComputingDeveloper Tools

Founders & leadership

Restate was founded in 2022 by Igal Shilman, Till Rohrmann, and Stephan Ewen.

ISIgal Shilman
Igal ShilmanCo-founder
TRTill Rohrmann
Till RohrmannCo-founder
SEStephan Ewen
Stephan EwenCo-founder
AF
Ahmed FarghalFounder

Investors · 6

Also in the syndicate · 3

Jay KrepsNeha NarkhedeOli Pomel

Reported raises · per SEC filings

Form D private placements

$6.3M disclosed across 1 of 2 rounds · 2023–2024

$6.3MraisedMar 2023 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Igal ShilmanDirector
  • Till RohrmannDirector
  • Stephan EwenExecutive Officer, Director, Promoter
Offering amount
$7M
Amount sold
$6.3M
First sale
Feb 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Restate develops a lightweight runtime that turns AI agents, workflows, and backend services into durable processes. The system combines durable execution (workflows-as-code), consistent key-value state via "Virtual Objects," and reliable communication with exactly-once semantics, so that application code automatically resumes from the last completed step after crashes or infrastructure failures. Additional primitives include durable promises/futures and timers, suspension of long-running code while awaiting promises, flow control with per-scope concurrency limits, and built-in observability through a UI, CLI, and automatically generated OpenTelemetry traces.

The runtime is implemented in Rust and ships as a self-contained single binary with no external dependencies; users can start with one node and scale out to a highly available cluster with fast failover. Applications are written using SDKs for TypeScript, Java, Kotlin, Python, Go, and Rust, and can be deployed to servers, containers, or function-as-a-service platforms including AWS Lambda, AWS Fargate, Google Cloud Run, Cloudflare Workers, Vercel Functions, Deno Deploy, Knative, and Kubernetes. Stated performance characteristics on the company site are sub-100ms p99 latency for 10-step workflow completions and 13,000 workflows per second on a three-node cluster.

Typical use cases described by the company are durable AI agents, workflows such as user signup, payment and order processing, microservice orchestration, event processing, async task queues, stateful actors and state machines. The core server is distributed under a source-available Business Source License; SDK repositories are MIT-licensed. Restate also maintains examples, AI examples, a Kubernetes operator, a web UI, and a plugin providing skills and context for AI coding assistants such as Claude Code, Codex, and Cursor.

Founding story

After roughly 13 years working on Apache Flink, Stephan Ewen observed that users repeatedly repurposed Flink for transactional, orchestration-style use cases because they could not find a better-suited tool. He and co-founders Igal Shilman and Till Rohrmann started Restate to address that gap, combining stream-processing ideas from Flink with the workflows-as-code concept on a specialized event log, and generalizing it into a programming model based on durable execution, virtual objects, and durable promises.

Business model

Open-core/source-available software: the Restate server and CLI are freely available as a source-available BSL-licensed single binary for self-hosting, alongside a commercial managed offering, Restate Cloud, and a bring-your-own-cloud deployment option. At the time of the 1.0 launch, Restate Cloud was in free early access and the company stated it had not yet settled on a monetization model.

Monetization is centered on hosted and managed deployments (Restate Cloud and bring-your-own-cloud) rather than the self-hosted open runtime; at the June 2024 launch the cloud service was free during early access while pricing was being determined.

Traction

The core GitHub repository had approximately 4,320 stars, 198 forks, and 4,141 commits as of August 2026, with 83 public repositories in the organization and satellite projects such as the examples repo (168 stars) and AI examples repo (85 stars). Published customer statements describe production usage, including a founding engineer at a health-tech startup saying Restate handles over 90% of production workloads, and testimonials from Rhize, Cinder, Advisoa, and Edge Delta engineers.

Latest developments

The company's homepage announces Restate Bring-your-own-Cloud, described as private, secure, and up to 10x cheaper than alternatives. Product scope has broadened toward AI agents, with dedicated AI examples, recipes, and tutorials, plus SDKs now covering TypeScript, Java, Kotlin, Python, Go, and Rust and a plugin for Claude Code, Codex, and Cursor. GitHub activity across the organization was recorded through August 2026.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Restate competes in the durable execution and workflow-engine category, where TechCrunch identifies Temporal as an established alternative with a similar feature set; a user testimonial compares Restate to a combination of Microsoft Orleans and Temporal. Restate positions itself on being lighter weight, lower latency, and simpler to operate than traditional workflow systems, extending durable execution to latency-sensitive and serverless workloads.

Restate combines durable execution, consistent per-entity K/V state, and reliable exactly-once communication in one runtime rather than requiring application refactoring into a separate workflow system. It ships as a single dependency-free Rust binary with low latency and small resource footprint, supports first-class FaaS deployment with suspension so users do not pay for wait time, and offers SDKs across six languages. The founding team's background building Apache Flink and Meta's event infrastructure is a stated credibility factor.

Technology

A Rust runtime built on a specialized event log that records the progress of application code so execution can be recovered and resumed. Core mechanisms include durable execution with automatic retries and step deduplication, virtual objects providing isolated K/V state per entity that is written back atomically with execution progress, durable promises/futures and timers, suspension of awaiting handlers, semantic versioning with automatic data migration between minor releases, and a service protocol implemented by language SDKs. Operational tooling includes a CLI, web UI, Helm chart, Kubernetes operator, Grafana monitoring assets, and OpenTelemetry tracing.

Go-to-market

Open-source, developer-led adoption: freely installable server and CLI via Homebrew, npm/npx, Docker, and prebuilt binaries; extensive documentation, quickstarts, tutorials, and example repositories across languages; community channels on Discord and Slack; and distribution of a plugin for AI coding assistants. Commercial conversion runs through Restate Cloud and bring-your-own-cloud deployments.

Software engineering teams building distributed backends, microservice architectures, and AI agent systems. Publicly cited users and testimonial sources include Rhize, Cinder, Edge Delta, Advisoa, Urban Traction, and an engineer at a US bank, spanning startups and enterprise engineering organizations.

Geography

Publicly available material does not detail office locations; the project operates as a distributed open-source community with global online channels (Discord, Slack) and cloud deployments across major providers.

History

Restate was founded by Stephan Ewen together with Igal Shilman and Till Rohrmann, all Apache Flink committers and former Data Artisans/Ververica colleagues. Ewen was part of the Apache Flink founding team in 2010 and later served as CTO of Data Artisans, which Alibaba acquired in 2019 and rebranded as Ververica. A first early version of the Restate runtime shipped in December 2023, followed in June 2024 by Restate 1.0, the early-access launch of Restate Cloud, and a $7M seed round. The company has since expanded SDK coverage to Python, Go, and Rust and announced a bring-your-own-cloud offering.

Risks & controversies

The sources note competition from incumbent durable-execution platforms such as Temporal. At the time of the June 2024 launch the company had not determined how to monetize Restate Cloud, and the core server uses a source-available Business Source License rather than a standard open-source license, which can affect adoption by some users.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Commits to core repositoryJan 20264,141 commits
GitHub forks (restatedev/restate)Aug 2026198 forks
GitHub stars (restatedev/restate)Aug 20264,320 stars
Public repositories in GitHub organizationAug 202683 repositories
Throughput (3-node cluster)Jan 202613,000 workflows per second
Workflow completion latency (p99, 10 steps)Jan 2026<100ms

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with Restate for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Jan 2026
Restate Bring-your-own-Cloud announced

Restate announced a bring-your-own-cloud deployment option promoted on its homepage as private, secure, and up to 10x cheaper.

source ↗

Jun 2024
Restate announces $7M seed round led by Redpoint Ventures

Restate disclosed a $7 million Series Seed round led by Redpoint Ventures, with participation from Essence VC, firstminute capital and angel investors including Datadog founder Oli Pomel and Confluent founders Jay Kreps and Neha Narkhede. Funds earmarked for hiring, infrastructure build-out, and expanding SDK language coverage.

$7M source ↗

Jun 2024
Restate 1.0 released

General availability of Restate 1.0, which introduced API and storage compatibility guarantees, matured the Java and Kotlin SDKs to parity with TypeScript, and formalized the programming model around durable execution, virtual objects, and durable promises/futures. Distributed as a source-available BSL-licensed single binary.

source ↗

Jun 2024
Restate Cloud enters early access

Launch of the managed Restate Cloud service into early access, initially free while the company evaluated monetization approaches.

source ↗

Dec 2023
First early version of Restate released

Restate published its first early public release, referenced as preceding the 1.0 milestone.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Restate do?
Restate is an open-source, Rust-based durable execution runtime for building resilient AI agents, workflows, and backend services.
Who founded Restate?
Restate was founded by Igal Shilman, Till Rohrmann, Stephan Ewen in 2022.
Who are Restate's investors?
Restate's investors include firstminute capital, Redpoint Ventures, Essence Venture Capital.
How much funding has Restate raised?
Restate has disclosed $6.3M raised across 1 of its 2 known rounds.
Where is Restate headquartered?
Restate is headquartered in Santa Clara, US.