Fyxer AI Secures $30M Series B Amid Rapid Revenue Growth
Fyxer AI, the developer of an AI-powered executive assistant for everyday professionals, has raised $30 million in a Series B round led by Madrona, with participation from Lakestar Capital and previous investors including 20VC, 20Growth, and Salesforce founder Marc Benioff. Karan Mehandru, Managing Director at Madrona, will join Fyxer’s board as part of the deal.
The company has grown rapidly, increasing its Annual Recurring Revenue from $1 million to $17 million in just seven months, with a user base now over 180,000. Users have generated more than 15 million draft replies and captured over half a million meeting notes, and Fyxer expects to reach $30 million in revenue by the end of the year.
With the new funding, Fyxer plans to improve its platform’s AI chat capabilities, expand in the U.S., and double its team within three months, focusing on domestic hires. The platform serves professionals across industries—from realtors to office coordinators—by integrating tasks like email management, note-taking, and scheduling. Partnerships with eXp Realty and Knight Frank illustrate its growing adoption and impact.
Source:
A.M.
