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London-based Fyxer secures €25.5.5M to expand AI executive assistant tool into the US market

by FeeOnlyNews.com
2 months ago
in Startups
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London-based Fyxer secures €25.5.5M to expand AI executive assistant tool into the US market
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London-based Fyxer AI, a startup developing an AI-powered executive assistant tool, has secured $30M (approximately €25.5M) in a Series B funding round.

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The funding round was led by Madrona with participation from Lakestar Capital. Previous investors include 20VC, 20Growth, and Salesforce founder Marc Benioff.

The UK company will use the funds to accelerate the expansion into the US and double its headcount. At present, the company employs around 48 people.

“From real estate brokers to recruiters, our customers rely on Fyxer AI assistant for their most time-consuming, routine work,” says Richard Hollingsworth, Co-Founder & CEO of Fyxer AI. “We created Fyxer to solve the draining cycle of repetitive yet essential tasks that consume professionals’ energy and limit their potential. This Series B further accelerates our mission to predict your next email.”

The announcement comes around five months after raising $10M in a Series A funding round in March.

Fyxer AI: AI executive assistant

Founded by Richard Hollingsworth, Archie Hollingsworth, and Matthew Ffrench, Fyxer AI helps professionals save time by managing their email inboxes, drafting replies, and writing meeting notes.

The platform automatically handles tasks like email management, meeting summaries, scheduling, and follow-ups, fitting into existing workflows.

Currently, it works with Outlook and Gmail, requiring no additional training for users.

The founders, who previously created a successful virtual executive assistant business, understand the challenges professionals face.

By reducing low-value tasks and making technology simpler, Fyxer helps professionals save time and concentrate on important work.

The UK company has experienced significant growth since its launch. By early 2025, the company’s annual revenue had reached $1M.

Eight months later, in August 2025, revenue increased to over $16M, marking it as one of the fastest-growing AI productivity companies.

The company serves users globally, including various organisations such as eXp Realty and Knight Frank.

Additionally, 90 per cent of users remain active after three months, indicating the product’s effectiveness, claims the company.



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