Bengaluru-based AI-driven tech startup Zivy has raised $1.2 million in a pre-seed funding round co-led by Blume Ventures, Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, and Marsshot Ventures.
Notable angel investors, including Ashwin Bhatnagar, Anand Balaji, Kunal Shah, and Razorpay co-founders Harshil Mathur and Shashank Kumar, also participated in the round.
Accelerating product development
Zivy plans to use the raised capital to accelerate product development and expand its research and development (R&D) team, which would allow the startup to further enhance its AI-driven platform and create a more seamless experience for its users.
What does Zivy do?
Founded in 2023 by Prashanth YV and Vivek Karna, Zivy provides an AI tool to prioritize workplace messages and tasks, particularly for managers and team leads.
The tool tackles the issue of constant notifications that can disrupt focus and productivity. Zivy’s platform aims to provide a personalized "copilot" for managers, helping them sort through overwhelming streams of information and ensuring they focus on the most important tasks.
"We started Zivy with the belief that the key to building high-performing teams lies in making managers more productive.", said Prashanth YV, Co-founder of Zivy.
Initial integration with Slack
According to Zivy, its initial release integrates directly with Slack, a widely-used communication platform in workplaces.
The AI analyzes conversations and tasks within Slack and intelligently categorizes messages, bringing the most urgent and relevant information to the forefront. This feature is especially useful for managers and team leads who need to maintain focus and make quick decisions without getting lost in a flood of notifications.
"We are delighted by the valuable trust that investors have put in our vision. We look forward to building a new way of working for today’s workplaces where people can do their best work without having to burn themselves out", added Karna said.