AI-powered email and meeting assistant Fyxer AI has closed its $30m (£22m) Series B round.
The round was led by Madrona with participation from Lakestar Capital. Previous investors include 20VC, 20Growth and Salesforce founder Marc Benioff.
The Series B investment will expand the London-based startup’s capacity to meet growing demand from professionals, deepen product development and support US expansion as it continues to build tools to predict users’ next email.
“From real estate brokers to recruiters, our customers rely on Fyxer AI assistant for their most time consuming, routine work,” says Richard Hollingsworth, co-founder and CEO at Fyxer AI.
“We created Fyxer to solve the draining cycle of repetitive yet essential tasks that consume professionals’ energy and limit their potential. This Series B further accelerates our mission to predict your next email.”
Fxyer AI has a focus on usability and its commitment to building for the 95% of workers who aren’t in tech roles. The AI-powered assistant serves professionals around the world, including at organisations like eXp Realty and Knight Frank.
“Professionals around the world are moving beyond tools that merely help us work to agents that work alongside us, handling high-context workflows like email, scheduling and coordination,” says Karan Mehandru, managing director at Madrona.
“Fyxer’s growth and user engagement reflect a delightful product pairing a deep context engine and memory, setting a new standard for what knowledge work can be and what AI’s true potential is.”