About Futwork
Futwork is a company based in Mumbai (India) founded in 2016 by Sri Ganapathy, Armaan Vananchal, and Niranjan Nakhate.. Futwork has raised $4.03 million across 6 funding rounds from investors including Michael & Susan Dell Foundation, Artha Venture Fund and Digilet. The company has 34 employees as of April 07, 2024. Futwork offers products and services including Aisha AI, Sage AI, and Merlin AI. Futwork operates in a competitive market with competitors including SquadStack, Glencoco, PartnerHero, Snubes and Qubicles, among others.
- Headquarter Mumbai, India
- Employees 34 as on 07 Apr, 2024
- Founders Sri Ganapathy, Armaan Vananchal, Niranjan Nakhate
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Wynaut Webventures Private Limited
- Date of Incorporation 26 Feb, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$465.64 K (USD)-26.88as on Mar 31, 2023
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Net Profit
$-454.65 K (USD)-897.03as on Mar 31, 2023
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EBITDA
$-348.73 K (USD)-1594.67as on Mar 31, 2023
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Total Equity Funding
$4.03 M (USD)
in 6 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Sep 12, 2024
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Investors
Michael & Susan Dell Foundation
& 44 more
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Employee Count
34
as on Apr 07, 2024
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Products & Services of Futwork
Futwork offers a comprehensive portfolio of products and services, including Aisha AI, Sage AI, and Merlin AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles complex inbound and outbound calls for customer communications.
Conducts mock calls to prepare agents for real-time interactions.
Screens calls and provides feedback to maintain high standards.
Funding Insights of Futwork
Futwork has successfully raised a total of $4.03M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $2.5M
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First Round
First Round
(02 May 2016)
- Investors Count 45
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Futwork | Valuation | Michael & Susan Dell Foundation , Simile Venture Partners | |
| Mar, 2022 | Amount | Angel Round - Futwork | Valuation | Blume Ventures , Simile Venture Partners | |
| Apr, 2021 | Amount | Seed - Futwork | Valuation | 3F Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Futwork
Futwork has secured backing from 45 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Michael & Susan Dell Foundation, Artha Venture Fund and Digilet. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech focused seed and early stage VC firm investing in the UK and Germany
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Founded Year | Domain | Location | |
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Venture capital investments in Indian startups across various sectors.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Futwork
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Futwork
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Futwork Comparisons
Competitors of Futwork
Futwork operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SquadStack, Glencoco, PartnerHero, Snubes and Qubicles, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled telesales outsourcing and customer support solutions are provided.
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| domain | founded_year | HQ Location |
Outbound callers are connected with companies via an online marketplace.
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| domain | founded_year | HQ Location |
IT support services are provided to businesses by PartnerHero.
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| domain | founded_year | HQ Location |
Call center search engine solution
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| domain | founded_year | HQ Location |
A blockchain-based marketplace for matching agents with contact centers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Futwork
Frequently Asked Questions about Futwork
When was Futwork founded?
Futwork was founded in 2016.
Where is Futwork located?
Futwork is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Futwork a funded company?
Futwork is a funded company, having raised a total of $4.03M across 6 funding rounds to date. The company's 1st funding round was a Seed of $66.82K, raised on May 02, 2016.
How many employees does Futwork have?
As of Apr 07, 2024, the latest employee count at Futwork is 34.
What is the annual revenue of Futwork?
Annual revenue of Futwork is $465.64K as on Mar 31, 2023.
What does Futwork do?
Provider of AI-powered contact center solutions. It offers human and AI-driven contact center services for various industries, including logistics, fintech, education, and banking. The company provides full-stack customer communication solutions, integrating APIs with leading CRMs and utilizing proprietary interactive scripts. Real-time data collection and communication flows (WhatsApp, IVR, SMS) are key features. AI agents handle complex calls, while AI-driven training and quality assurance tools enhance agent performance. The company also offers a hybrid model with trained specialists for increased conversions and customer support.
Who are the top competitors of Futwork?
Futwork's top competitors include SquadStack, Glencoco and PartnerHero.
What products or services does Futwork offer?
Futwork offers Aisha AI, Sage AI, and Merlin AI.
Who are Futwork's investors?
Futwork has 45 investors. Key investors include Michael & Susan Dell Foundation, Artha Venture Fund, Digilet, D2C Insider, and Simile Venture Partners.
What is Futwork's valuation?
The valuation of Futwork is $6.72M as of Mar 2022.