Wednesday, September 18, 2024

Bengaluru AI Startup Zivy Raises $1.2 Million in Funding

Share post:

Bengaluru-based AI startup Zivy has secured $1.2 million in pre-seed funding. The round was co-led by Blume Ventures, Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, and Marsshot Ventures. Well-known angel investors, including Ashwin Bhatnagar, Anand Balaji, Kunal Shah, and the Razorpay co-founders Harshil Mathur and Shashank Kumar, also joined the round.

Boosting Product Development

With the new capital, Zivy aims to speed up its product development and grow its research and development (R&D) team. By doing so, the startup hopes to improve its AI-powered platform, offering users a smoother and more efficient experience.

What Does Zivy Do?

Founded in 2023 by Prashanth YV and Vivek Karna, Zivy provides an AI tool designed to help managers and team leads prioritize important workplace messages and tasks. It addresses the common problem of constant notifications that can hurt focus and productivity.

Zivy AI startup funding

Zivy’s platform acts as a personalized assistant, helping managers filter through endless streams of information and focus on the most urgent tasks. This is particularly helpful in improving team productivity and decision-making processes.

“We built Zivy to make managers more productive, which is the key to creating high-performing teams,” said Prashanth YV, Co-founder of Zivy.

Seamless Integration with Slack

Zivy’s current version integrates directly with Slack, a popular workplace communication platform. The AI-powered tool analyzes messages and tasks within Slack and intelligently sorts them based on urgency and relevance. This feature is especially useful for managers who need to stay focused and make quick decisions without being distracted by countless notifications.

According to Vivek Karna, Co-founder of Zivy, “We are grateful for the trust our investors have placed in us. We are excited to develop a new way of working that helps people do their best work without burning out.”

Promising Future for Zivy

With this funding round, Zivy is well-positioned to continue improving its AI platform and deliver a unique solution to modern workplace challenges. As businesses increasingly rely on AI-driven tools to improve productivity, Zivy is set to play a significant role in shaping the future of work.

Related articles

Venttup Raises Seed Funding to Revolutionize India’s Manufacturing Sector

Venttup, a startup at the forefront of Industries 5.0, has successfully raised seed funding from Unicorn India Ventures....

Northern Arc Capital Raises Rs 229 Crore from Investors

Chennai-based Northern Arc Capital has secured Rs 229 crore from top anchor investors before its upcoming Initial Public...

Women-Focused Health Platform Newmi Care Raises $1.5 Million

Newmi Care, a health and wellness platform dedicated to women, has successfully raised $1.5 million (around Rs 12.6...

US International DFC to Invest $70 Million in India

The US International DFC (Development Finance Corporation) has announced a $70 million investment in India’s private sector, focusing...