Fern
2026
Why
Docs and SDK company with 25 staff and more than 200 customers, announced January 8, 2026.
Outcome
Fern keeps its product, brand and roadmap inside Postman.
Postman, Inc.
Acquisitions
4
Major Deals Covered
This page covers 4 major deals from 2023 to 2026, each with its price where disclosed and the reason behind it.
| Company | Year | Price | Purpose |
|---|---|---|---|
| Akita Software | 2023 | Undisclosed | API observability startup founded by former Carnegie Mellon professor Jean Yang that models APIs from live traffic. |
| Orbit | 2024 | Undisclosed | Platform for building and managing developer communities. |
| liblab | 2025 | Undisclosed | Dallas-based platform that automates generation and maintenance of SDKs, announced November 14, 2025. |
| Fern | 2026 | Undisclosed | Docs and SDK company with 25 staff and more than 200 customers, announced January 8, 2026. |
2026
Docs and SDK company with 25 staff and more than 200 customers, announced January 8, 2026.
Fern keeps its product, brand and roadmap inside Postman.
2025
Dallas-based platform that automates generation and maintenance of SDKs, announced November 14, 2025.
Extends Postman from API design and testing into API consumption.
2024
Platform for building and managing developer communities.
2023
API observability startup founded by former Carnegie Mellon professor Jean Yang that models APIs from live traffic.
Added traffic-based API discovery and monitoring to Postman.
Integrated into Postman's observability features.
Postman's growth strategy has three parts. First, cover the whole API lifecycle: Akita added traffic-based observability in 2023, Orbit added developer community tooling in 2024, liblab added automated SDK generation in November 2025 and Fern added docs and SDKs in January 2026. Second, move enterprise work into Git: the March 2026 platform introduced Git-connected Workspaces and an API Catalog that acts as a management plane for an organization's APIs and services. Third, own agent connectivity through Agent Mode, Postman.ai and Fabric Gateway. Pricing changes in 2026 support all three by turning more free usage into paid Team and Enterprise seats.
Postman makes money from subscriptions. The free plan gets developers in the door; since March 1, 2026 it supports a single user, so teams that share workspaces must pay. Paid plans are Solo (about $9 per month for individuals who want more AI credits and automation), Team (from about $19 per user per month, replacing the old Basic plan) and Enterprise (custom contracts with SSO, SCIM, audit logs, API Catalog, governance and private API networks). On top of seats, Postman sells usage: AI credits beyond plan allowances are billed pay-as-you-go, and monitors, mock calls and other automation have plan limits. The bottom-up pattern is typical of product-led growth: individual engineers adopt the tool, teams standardize on it, and the company later signs an enterprise agreement. Postman does not disclose how revenue splits across these lines.
Akita Software (2023), Orbit (2024), liblab (November 2025) and Fern (January 2026). Postman did not disclose the prices.
Akita, founded by former Carnegie Mellon professor Jean Yang, models APIs by watching live traffic, adding API discovery and observability to Postman.
liblab is a Dallas-based platform that automates generating and maintaining SDKs. Postman announced the acquisition on November 14, 2025 as part of its unified API lifecycle strategy.
Fern makes API documentation and SDK generation tools used by API teams at companies such as Square, Auth0, Adobe, Twilio and ElevenLabs. It had 25 staff and more than 200 customers, and keeps its brand and roadmap inside Postman.
Orbit was a platform for building and managing developer communities, acquired by Postman in 2024.
In July 2023, Postman acquired Akita Software, founded by Jean Yang. Akita developed eBPF-based network traffic analysis tools that automatically discover live API endpoints and model API behavior in production, expanding Postman from pre-production testing into live API observability.
In January 2024, Postman acquired developer community management platform Orbit. Orbit's algorithms allow Postman to analyze open-source developer engagement, map developer networks, and power the global developer growth flywheel for the Postman Public API Network.
Postman acquired code-generation tool liblab in 2024 to enable developers to instantly generate production-ready client SDKs in multiple programming languages (Python, TypeScript, Go, Java) directly from Postman API specifications.
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