Flywheel Dynamix, a San Francisco, CA-based buyer-centric cloud marketplace designed to simplify software acquisition for buyers and help sellers grow revenue faster, raised $7M in seed funding.
Storm Ventures, Foster Ventures, BeeNext, FeBe, and Teknos Ventures led the round.
The company intends to use the funds to accelerate the product development of its Meta Marketplace Platform, expand its R&D team, and roll out the platform to initial customers.
Led by CEO Ankur Srivastava, Flywheel Dynamix provides a cloud marketplaces that allows companies to simplify software acquisition, optimize spend allocation into cloud commits for enterprise buyers, and empower sellers to offer and optimize their products across all cloud marketplaces.
After operating in stealth mode since August, Flywl is officially launching the first buyer module for its marketplace platform in the first week of December.
The company plans to double its product and engineering team within six months.
FinSMEs
20/11/2024