Zapty raised US$500,000 in seed funding

Zapty Workplace Inc., a US-headquartered project management platform, has raised $500,000 in seed funding from early-stage venture capital firm Ideaspring Capital. Zapty was founded by serial entrepreneurs Arvind Agarwal and Sanjay Shah, who had earlier founded startup Skelta. Till now, Zappy was run through a bootstrapped model by the founders with initial capital from Manav Garg, CEO of Eka Software.

Zapty’s SaaS platform is a cloud based work management tool which lets various teams and departments to work independently and collaborate real-time by leveraging Zapty’s proprietary micro workflow technology.

Zapty helps organizations discover their business processes and then collaborates with them to manage and automate these processes using artificial intelligence. The team at Zapty is planning to launch verticalized solutions aiming at the digital marketing teams and creative agencies.

Ideaspring Capital was launched by angel investors Naganand Doraswamy and Prashant Deshpande in April 2016. Other major investors who contributed to the fund were Arihant Patni and Amit Patni. The fund invests in tech startups focused on machine learning, computer vision and image processing, big data analytics, Internet of Things, virtual and augmented reality, internet security, health-tech and fin-tech, among others.