Cubyts has raised $1.8 million in a seed round led by Better Capital
- ByStartupStory | April 9, 2022
Cubyts, a design-ops platform, has raised $1.8 million in a seed round from Better Capital, an early-stage investment firm that has funded companies such as credit card processor Slice, cryptocurrency club Defy, and edtech firm TeachMint, among others. In the following 18 months, Cubyts will utilize the capital to increase sales and marketing in the United States and develop goods in India.
Cubyts is a Bengaluru-based SaaS firm that helps design managers codify design culture, increase cross-functional collaboration, and assess the impact of design on business. It was founded in 2021 by Aurobinda Pradhan, an IIT-Bombay alumnus, Raghu Sarangarajan, and Shashank Deshpande.
Cubyts is a software product lifecycle management platform that blends design strategy, procedures, and workflows. Cubyts assists remote teams in better managing the UX/development/business junction.
Better Capital is a venture capital firm founded in 2018 by Silicon Valley entrepreneur Vaibhav Domkundwar. It expects to invest in 35-40 firms across sectors from this fund in the pre-seed and seed rounds, with a median check size of $300,000. (around 2 crores).
Since 2018, Better Capital has been an early high-conviction investor in Neobanks, fintech infrastructure, product-led edtech, SME digitization, and learning communities. It is now investing in Crypto/Web3, Creator Economy, and Climate Change.
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