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Exciting News: Nected.ai Raises $1.5M in Pre-Seed Funding!

India
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Prabhat Gupta
7
 min read
Exciting News: Nected.ai Raises $1.5M in Pre-Seed Funding!
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7
 min read

I am thrilled to announce that Nected.ai has successfully raised $1.5 million in pre-seed funding! This significant milestone has been made possible through the support of esteemed investors including Relentless VC, Lykke’s Capital, Forward Slash Capital, 021 Capital, Climber Capital, Endurance Capital, as well as 15+ founders and CXOs from prominent companies such as Flipkart, Brightchamps, Mettl, Cult.fit, Clear, Knowlarity, PayU, and SUPR Daily.

About Nected.ai

Nected.ai is revolutionising the backend automation landscape with our cutting-edge rule engine and workflow automation technology. 

Our mission is to empower businesses with intelligent, automated decision-making capabilities that enhance efficiency, accuracy, and compliance. We are committed to delivering innovative solutions that drive growth and success for our clients.

In terms of key-impact, Nected can enable teams to:

  1. Launch New Ideas 5X fast, and Iterate 10 times as faster
  2. Save more than 60% of your tech bandwidth
  3. Build complex logic and backend flows in minutes and much more

Our Story and Purpose

Nected.ai was born out of the need for a robust, flexible, and scalable rule engine that could adapt to the dynamic requirements. Our journey began with a vision to create a platform that simplifies complex decision-making processes, enabling businesses to focus on what they do best. Our core values of innovation, integrity, and customer-centricity guide us in everything we do.

Why We Secured This Funding

This funding round is a testament to the trust and confidence our investors have in our vision and potential. The $1.7 million raised will be instrumental in accelerating our product development, expanding our team, and enhancing our market reach. Specifically, we plan to invest in:

  1. Technology Advancement: Enhancing our rule engine capabilities with advanced AI and machine learning algorithms to provide even more accurate and efficient decision-making.
  2. Talent Acquisition: Building a team of top-tier professionals who share our passion and drive to innovate.
  3. Market Expansion: Extending our footprint to new markets and industries, broadening our impact and helping more businesses thrive.

How We Stand Out

Nected differentiates itself through its unique approach to rule engine technology. Unlike traditional systems, our platform offers unparalleled flexibility, allowing businesses to customise rules and workflows to meet their specific needs. Our user-friendly interface and seamless integration capabilities make it easy for companies to implement and benefit from our solutions quickly. Additionally, our commitment to continuous improvement ensures that our clients always have access to the latest advancements in fintech innovation.

Roadmap for Nected.ai

At Nected.ai, we are constantly evolving to meet the needs of our clients and stay ahead in the backend automation Industry. Here's a glimpse into our exciting roadmap for the future:

1. AI-Based Tool as No-Code Integrations

We are enhancing our platform to include ChatGPT, an AI-based tool that will enable no-code integrations. This feature will allow users to create and manage complex workflows without the need for extensive coding knowledge, making our platform even more accessible and user-friendly.

2. Event-Based Triggers

To provide more dynamic and responsive solutions, we are integrating support for event-based triggers. This includes compatibility with:

  • Kafka
  • SQS (Simple Queue Service)
  • RabbitMQ

These integrations will enable our clients to automate actions based on real-time events, improving efficiency and responsiveness.

3. Expanded CRM Connectors

We are expanding our CRM connector capabilities to include more platforms, allowing seamless integration with:

  • Zoho
  • Salesforce
  • HubSpot
  • FreshSales

These additions will provide our clients with a broader range of options for managing customer relationships and data.

4. File System Connectors

To enhance data accessibility and management, we are introducing file system connectors for:

  • Azure
  • Google

These connectors will enable our clients to read CSV, Excel, and JSON files from multiple sources, facilitating smoother data operations and integration.

5. Additional Connectors

We are continuously working to expand our connector ecosystem. Upcoming additions include:

  • OpenAPI
  • Mixpanel
  • Segment

These connectors will provide more options for data integration and analytics, enhancing the overall functionality of our platform.

6. 3rd Party Communication Connectors

To improve communication capabilities, we are adding more third-party communication connectors such as:

  • WhatsApp
  • Sendgrid
  • SMTP
  • SES (Simple Email Service)

These integrations will allow our clients to streamline their communication workflows, making it easier to reach their customers and stakeholders.

7. Airtable Integration

We are also integrating Airtable into our platform, providing our clients with a powerful tool for organising and managing their data. This integration will offer more flexibility and control over data-driven workflows.

Looking Ahead

As we embark on this exciting new chapter, we are more committed than ever to driving positive change in the fintech industry. We are grateful for the support of our investors, partners, and clients, and we look forward to achieving great things together.

Stay tuned for more updates from Nected.ai as we continue to innovate and redefine the future of fintech!

Prabhat Gupta

Prabhat Gupta

Co-Founder
Co-founded TravelTriangle in 2011 and made it India’s leading holiday marketplace. Product, Tech & Growth Guy.
Prabhat Gupta is the Co-founder of Nected and an IITG CSE 2008 graduate. While before Nected he Co-founded TravelTriangle, where he scaled the team to 800+, achieving 8M+ monthly traffic and $150M+ annual sales, establishing it as a leading holiday marketplace in India. Prabhat led business operations and product development, managing a 100+ product & tech team and developing secure, scalable systems. He also implemented experimentation processes to run 80+ parallel experiments monthly with a lean team.

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