Fyxer AI secures £7.7m Series A funding led by 20VC to roll out its new Memory product.
The investment was led by 20VC with participation from prominent angel and strategic investors.
Fyxer AI builds an executive assistant tool that integrates directly into Outlook and Gmail to manage correspondence and meeting notes. The platform targets professional services industries to reduce administrative burdens for everyday workers.
Fyxer AI has raised £7.7m in a Series A funding round led by 20VC. The capital will support the rollout of Memory, an internal knowledge base designed to connect teams for instant information access.
Additional backing for the round came from high-profile investors including Marc Benioff, Marcelo Claure, Dave Singleton, Lenny Ratchinsky, and Nico Rosberg. The company has experienced rapid adoption since its launch, managing over 40,000 inboxes and securing enterprise contracts in sectors with traditionally low technology adoption.
From the founder
"The way professionals work with email hasn’t fundamentally changed in decades. Until now. We built Fyxer AI because we saw firsthand how people in professional services are held back by the sheer volume of repetitive admin. AI has traditionally been out of reach and too complicated for many, but with Fyxer AI we’re bringing a step change in productivity to industries that never thought it was possible."
Richard Hollingsworth
CEO and Co-Founder at Fyxer AI
Use of funds
- 01Continue product development