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Fi Raises $30M in Series B Funding to Accelerate Exponential Growth in the $100 Billion Pet Market

Feb 25, 2021•over 4 years ago

Amount Raised

$30 Million

Round Type

series b

Mumbai

Description

Fi, the smart dog technology company, today announced $30 million in Series B funding led by Longview Asset Management, with participation from Advance Venture Partners (AVP), Gokul Rajaram as well as existing investors RRE Ventures, Lerer Hippeau, and Freestyle.

Company Information

Company

Fi

Location

Mumbai, Maharashtra, India

About

Sumit Gwalani, cofounder of Fi, said the company plans to use capital to bring more customised products to users and double down on hiring for its tech team. The platform is seeing about three-four million monthly transactions now, he said. Fi has a team of about 130-140 people, of which 70% is in the tech domain.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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