Indian Software-as-a-Service (SaaS) startup Houseware has received seed funding of $2.1 million, led by Singapore-based venture capital firm Tanglin Venture Partners.
Other participating investors include early-stage investors GTMfund and Better Capital, and undisclosed angel investors from SaaS businesses such as Snowflake, Stripe, Carta, Zendesk, and Superhuman.
Houseware will use the funds to grow its customer base, expand the team, and double down on alliances with partners like Snowflake to scale its offerings, the company said in a statement.
The company is actively hiring engineering and design talent in India and plans to double its headcount in 2023. Currently, it has 12 members.
Founded in late 2021 by Saini and fellow BITS Pilani alumnus Shubhankar Srivastava, Houseware helps clients in the SaaS industry interpret data flowing across functions to keep real-time track of metrics linked with revenue.
Houseware won the 2022 Snowflake Startup Challenge at the Snowflake Summit in Las Vegas, competing among over 300 other startups from over 70 countries.
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