Tyten raises £750k from Fuel Ventures and Concrete Ventures to expand engineering and product development.
The funding round was co-led by Fuel Ventures and Concrete Ventures with participation from Antler.
Tyten builds artificial intelligence platforms to streamline repair workflows and diagnostic processes for facilities management teams. The company seeks to modernise legacy operations across commercial real estate.
Tyten has secured £750k in a funding round co-led by Fuel Ventures and Concrete Ventures, with participation from Antler. The fresh capital will be directed towards scaling the engineering team, accelerating product development, and supporting international expansion.
Formerly known as Fixo, the company deploys artificial intelligence to automate help desk workflows and provide technicians with step-by-step diagnostic guidance. The platform is designed to eliminate manual administrative hurdles in the facilities management sector.
From the founder
"Facilities management is the invisible backbone of every building – but the technology behind it hasn’t kept up and has lacked the innovation needed. We built Tyten to solve that, working hand in hand with technicians and help desk teams to understand their real challenges."
Vladimir Pushmin
CEO at Tyten
Investor perspective
"Facilities management is a trillion-dollar market that’s been left behind by modern technology, and Tyten is seizing that gap with clarity, speed and ambition. At Fuel, we back founders who see massive opportunities where others see legacy industries – and that’s exactly what Tyten has done."
Mark Pearson
Managing Partner, Fuel Ventures
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
