Bitscale Raises Pre-Seed Funding Round

by Kay Aloha Villamor in July 22nd, 2024

Bitscale, a Gurugram, India-based SaaS startup, has raised an undisclosed amount in a pre-seed funding round. 

Investors 

The round was led by First Cheque, a subsidiary of India Quotient, with participation from 7Square Ventures and several angel investors, including Kunal Shah (founder of CRED), Ankit Nagori (founder of Curefoods), and Kumar Kushang, Abhishek Verma, and Harshit Mittal (cofounders of Supplynote). 

First Cheque is a venture capital firm based in Mumbai, India. Founded in 2018, the firm prefers to invest in early-stage startups. 

Bitscale Use of Funds 

The company will use the funds to launch new products, expand its market reach, build a strong team, and experiment with various go-to-market strategies. 

About Bitscale 

Founded in 2023 by Sanket Goyal, Abhinay Kumar, and Yash Sharma, Bitscale is developing a new AI-driven UI to automate workflows for sales and marketing professionals. Their tools, which include features for web scraping, prospecting, and content generation, use a user-friendly, spreadsheet-like interface to streamline lead generation and marketing strategies. The company enables growth teams with AI-driven tools in a recognizable, user-friendly spreadsheet style to quickly and simply research prospects, customize outreach, and produce excellent content. 

Funding Details 

Company: Bitscale 

Raised: Undisclosed 

Round: Pre-Seed Round 

Funding Month: July 2024 

Lead Investor: First Cheque 

Additional Investors: 7Square Ventures, Kunal Shah, Ankit Nagori, Kumar Kushang, Abhishek Verma 

Company Website: https://bitscale.ai/ 

Software Category: AI Workflow Automation 

Source: https://inc42.com/buzz/bitscale-bags-funding-to-help-sales-marketing-professionals-automate-their-manual-workflows/ 

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