Total amount raised
$25 Millions
Latest funding date
December, 2022
Location
Fleek has successfully raised multiple rounds of funding, including a $2 million Seed round in September 2023. The platform specializes in building and deploying autonomous applications and AI agents on an open-source, auto-scalable cloud platform.
Keep reading to explore the intricacies of Fleek's fundraising journey and the investors backing this innovative platform.
What Is Fleek?
Fleek, founded in 2021, is a platform that builds and deploys autonomous applications and AI agents. Based in Bengaluru, Karnataka, India, the company aims to streamline the subscription industry by giving users control over all subscription services.
Founded by Aditya Uttaravalli and Arvind Eashwar, Fleek has grown rapidly since its inception. The platform offers features like Git integration, deploy previews, and automatic updates, making it a favorite among developers.
With a team of 51-100 employees, Fleek continues to innovate in the tech space, providing scalable and verifiable solutions for next-generation applications.
How Much Funding Has Fleek Raised?
- Pre-Seed Round
- Amount Raised: $1,000,000
- Date: September 2021
- Lead Investors: Axilor Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of their platform and build initial features.
- Seed Round
- Amount Raised: Undisclosed
- Date: January 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and accelerate product development.
- Seed Round
- Amount Raised: Undisclosed
- Date: June 2023
- Lead Investors: SOSV
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance platform capabilities and scale operations.
- Seed Round
- Amount Raised: $2,000,000
- Date: September 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support market expansion and further technological advancements.
- Seed Round
- Amount Raised: Undisclosed
- Date: January 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling the platform and explore new market opportunities.
Total Amount Raised: $3,000,000
Current Valuation: Not publicly disclosed
Key Investors
- Axilor Ventures
- Details: Axilor Ventures is an early-stage venture capital firm based in India. They focus on accelerating startups through funding and mentorship.
- Investment Focus Areas: Technology, Healthcare, Consumer Products
- Notable Investments: FreshToHome, HealthifyMe, UrbanPiper
- SOSV
- Details: SOSV is a global venture capital firm that operates startup development programs. They provide multi-stage investment to startups in various sectors.
- Investment Focus Areas: Biotechnology, Robotics, Food Tech
- Notable Investments: BitMEX, Formlabs, NotCo
- Eternal Capital
- Details: Eternal Capital is a venture capital firm that invests in early-stage technology companies. They aim to support innovative startups with growth potential.
- Investment Focus Areas: Fintech, SaaS, AI
- Notable Investments: Not publicly disclosed
- 100Unicorns
- Details: 100Unicorns is an investment firm that focuses on identifying and funding high-potential startups. They provide strategic support to help companies scale.
- Investment Focus Areas: E-commerce, Edtech, Healthtech
- Notable Investments: Not publicly disclosed
- Sprint VC
- Details: Sprint VC is a venture capital firm that invests in early-stage startups. They focus on providing capital and strategic guidance to help companies grow.
- Investment Focus Areas: Mobile, Cloud Computing, Cybersecurity
- Notable Investments: Not publicly disclosed
What's Next for Fleek?
Fleek stands at the cusp of significant growth, driven by the increasing demand for autonomous applications and AI agents. The platform's ability to streamline subscription services positions it well to capitalize on the expanding tech industry. As the market for AI-driven solutions continues to grow, Fleek's innovative approach offers substantial opportunities for scaling and market penetration.
Future fundraising efforts will likely focus on leveraging these opportunities to enhance platform capabilities and expand their market reach. However, challenges such as maintaining technological edge and navigating competitive pressures will require strategic planning and robust execution. With the right investments and strategic direction, Fleek is poised for a promising future.
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