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3w ago

Fyxer.ai Raises $30 Million to Expand Its AI Administrative Assistant in the U.S.

Madrona leads the round with Karan Mehandru joining the board.

Richard Hollingsworth, co-founder and chief executive of Fyxer AI and his fellow founders, Archie, his brother, and Matthew Ffrench, right
Fyxer AI has announced new funding.

Overview

  • The Series B includes participation from Lakestar, and investors in the company include Salesforce founder Marc Benioff.
  • Fyxer plans to double its roughly 40-person team within three months, prioritizing a U.S. sales buildout and additions to its UK product group.
  • The platform integrates with Gmail, Outlook and Microsoft Teams to draft emails, summarize meetings and automate inboxes, and it holds ISO 27001 and SOC 2 Type 2 certifications.
  • Reported enterprise customers include Knight Frank and eXp Realty, and the company cites 90% three-month retention among paying users.
  • The company reports rapid revenue growth, with accounts ranging from $1 million to $17 million in ARR within months and projections of $50 million for 2025.