Viable Fit, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Viable Fit, Inc. - overview

Established

2020

Location

Oakland, CA, US

Primary Industry

Software

About

Founded in 2020 and based in Oakland, California, Viable Fit, Inc. specializes in advanced data analytics solutions, enabling businesses to enhance decision-making through actionable insights and predictive analytics across various industries. Viable Fit, Inc. was established in 2020 in Oakland, California, where it operates as a data analytics firm focused on improving business decision-making processes.


The company was founded by Daniel Erickson, Dushan Dissanayake, Jeffrey Erickson, and Kali Ilunga. In May 2022, the firm successfully raised USD 8 million in Seed funding, led by Streamlined Ventures, with participation from Craft Ventures, Javelin Venture Partners, and other investors. This funding round marked its fifth deal, bringing the total amount raised to USD 8 million, with a current valuation of USD 22. 735 mn.


Ask Viable specializes in providing advanced data analytics solutions designed to streamline decision-making processes for businesses in various industries. Their core offerings focus on leveraging big data to deliver actionable insights and predictive analytics, which help organizations optimize operations and enhance customer engagement. The services address specific challenges such as inefficient resource allocation, customer churn, and market trend analysis, and target a diverse clientele that includes small and medium-sized enterprises (SMEs) and larger corporations, primarily in North America and Europe. Ask Viable’s revenue model is built around a subscription framework, allowing clients to access their analytics platform on a recurring basis.


The company offers a tiered pricing structure, enabling customers to select plans based on their needs and data processing requirements. This model typically involves monthly or annual contracts, fostering consistent cash flow and long-term client relationships. The flagship service, which integrates real-time data analysis with customized reporting tools, is particularly sought after by businesses aiming to enhance strategic planning. In May 2022, Viable Fit, Inc.


raised USD 8 million in Seed funding, which will be used to expand operations, enhance analytical capabilities, and strengthen the marketing, sales, and technical teams. Future initiatives include the development of new products aimed at improving data analytics functionalities, along with plans to penetrate new markets in North America and Europe by the end of 2023.


Current Investors

Craft Ventures, Javelin Venture Partners, Merus Capital

Primary Industry

Software

Sub Industries

Web Applications, Analytics & Performance Software, Customer Relationship Management

Website

www.askviable.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.