Zapty Workplace raises $0.5 million from Ideaspring Capital
Zapty Workplace, a startup providing project management platform, has raised $500,000 capital from early-stage venture capital firm Ideaspring Capital. Founded in 2014 by serial entrepreneurs Arvind Agarwal and Sanjay Shah, the startup offers its customers, essentially small and medium enterprises, solutions that facilitate collaboration on projects, document review and workflow and task management, on a software as a solution basis.
The tech startup has developed proprietary micro workflows called Zaplets that can be customized for multiple sectors including retail and digital marketing. The micro workflows, which use machine learning to automate processes, can also be integrated with other SAAS products and solutions.
Arvind Agarwal, CEO Zapty Workplace, said that “Traditional workflow solutions make it increasingly difficult to adapt to ever changing business needs. Ultimately, business ends up adapting to the tool, rather than tool adapting to the business. We are excited with our partnership with Ideaspring Capital. Their deep technology expertise will help us increase our pace of innovation, and leverage their network to better understand the market and improve adoption”. Further, the Managing Partner of Ideaspring Capital also bolstered their investment in the startup and stressed that “Zapty offers a compelling, modern customer experience delivered with cloud-scale cost and flexibility. We are excited to be part of Zapty’s next level of growth and believe their vision and their background in workflow automation will put them at the forefront of an impending evolution into the next generation of SaaS”.