Total amount raised
$12 Millions
Latest funding date
01/01/2023
Location
actyv.ai has successfully raised funding through a seed round, with notable investors including 1Digi and 100Unicorns. The platform offers a range of B2B SaaS solutions, such as partner onboarding, BNPL options, and embedded insurance.
Keep reading to explore the intricacies of actyv.ai's fundraising journey and the investors backing this innovative platform.
What Is actyv.ai?
actyv.ai, founded on April 1, 2019, is a B2B SaaS platform headquartered in Bengaluru, Karnataka, India. The company was co-founded by Ambarish Ojha, Raghu Venkat, Raghunath Subramanian, and Ramkumar Thirumurthi.
Operating in industries such as Artificial Intelligence, FinTech, and Information Technology, actyv.ai employs between 51-100 people. The platform offers solutions like partner onboarding, BNPL options, and embedded insurance, aiming to revolutionize B2B supply chains.
How Much Funding Has actyv.ai Raised?
- Seed Round
- Amount Raised: $5M
- Date: February 2022
- Lead Investors: 1Digi
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial product development and market entry.
- Seed Round
- Amount Raised: $7M
- Date: January 2023
- Lead Investors: 1Digi, 100Unicorns
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate global expansion and enhance product offerings.
Total Amount Raised: $12M. Current Valuation: Not publicly disclosed.
Key Investors
- 1Digi Ventures
- Details: 1Digi Ventures is the family office of Raghunath Subramanian, the founder and global CEO of actyv.ai. Based in Singapore, it focuses on early-stage technology investments.
- Investment Focus Areas: Enterprise SaaS, B2B BNPL, insurance solutions
- Notable Investments: actyv.ai
- 100Unicorns
- Details: 100Unicorns is a venture capital firm that invests in high-growth startups. It aims to support companies with innovative solutions and strong market potential.
- Investment Focus Areas: Technology, FinTech, SaaS
- Notable Investments: actyv.ai
What's Next for actyv.ai?
actyv.ai stands on the brink of significant opportunities, with plans for global expansion, product enhancement, and talent acquisition. The company has already facilitated over $100 million in BNPL transactions and partnered with more than 20 financial institutions, showcasing its potential for substantial growth.
Future fundraising appears promising, with the company likely to pursue additional rounds to support its ambitious plans. The successful Pre-Series A funding round indicates strong investor confidence, setting the stage for further financial backing.
However, actyv.ai may face challenges such as navigating regulatory landscapes, managing rapid growth, and competing with established players. Ensuring data security and scalability will be crucial as the company expands its footprint globally.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like actyv.ai and gather other critical business insights.
Sign up for free to start transforming your sales strategy today.
