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MSP Software Platform raises $3Mn in seed funding round

Elevation Capital and Matrix Partners have co-lead a seed funding round in the Chennai based  MSA software platform The seed funding round, which is worth $3Mn , has also seen participation from several high profile names including Kayako’s founder Varun Shoor,’s founder Saravana Kumar and Livspace’s founder Ramkant Sharma.

The Chennai based startup, which was  founded in 2020, said that it will use the seed funding to ramp up its R&D and team expansion as well as for driving market adoption.  At the helm of this barely one year startup are Arvind Parthiban and Jayakumar Karumbasalam, the two co-founders who claim to have built sevral ITSM & ITOM products during the last two decades.

Arvind Parthiban is actually a veteran in the startup industry. He founded the marketing automation software Zarget, which was acquired by SaaS unicorn Freshworks in 2017.

Commenting about the seed funding round, Parthiban said “’s platform is tailored to cater to various segments of the MSP market, and intends to build a truly unified PSA, RMM solution powered by intelligent automation (IA). Further, it is helping MSPs with several benefits, including centralising control, minimising training requirements for technicians, and streamlining work processes, among others will be key.” claims that it wants to revolutionize the MSP Software space, which the company believes that it suffers from data leaks, process delays, outdated technology and ugly UI automation. The company claims that its MSP software addresses all these pain points and subsequently contributes to client’s productivity.

For all those who don’t know, MSP software helps in remote management of IT infrastructure. The global MSP software is tipped to reach whopping $329 Bn by 2025 while the industry’s current market  valuation stands at $223 Bn.

Today many IT companies attach lot of importance to MSP software as it helps them in reducing their cost and increase their operational efficiency.


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