Get All Access for $5/mo

Houseware Raises $2.1 Million In Seed Funding The company will use the funding to grow its customer base, expand its team, and double down on alliances with partners like Snowflake to scale its offerings

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Houseware, a warehouse-native revenue engine for SaaS companies has raised $2.1 million in Seed funding round led by Tanglin Venture Partners. The round also saw participation from GTMfund, Better Capital, and prominent angel investors from leading SaaS businesses, including Snowflake, Stripe, Carta, Zendesk, Superhuman, and others. The company will use the funding to grow its customer base, expand its team, and double down on alliances with partners like Snowflake to scale its offerings.

"Investors are focused on solid unit economics and the path to profitability, so that a lot will depend on hard-core, disciplined, top decile business execution. Houseware plans to address these questions for the ecosystem to shape the next decade of SaaS, fuelled by sustainable growth and profitability concepts," said Divyansh Saini, co-founder and CEO of Houseware.

Houseware helps commercial and revenue teams make better and faster decisions using their rich data store. The company is on a mission to address access and usability of data through apps, empowering a wider audience in companies beyond data and engineering teams. The company is actively hiring engineering and design talent in India and plans to double its headcount this year, according to an official statement by the company.

"Houseware is building at the cusp of two really broad markets - the modern data stack and system of records likes the CRM inside SaaS companies. Divyansh and Shubhankar are exceptional founders with deep product thinking. At Tanglin, we've been fortunate to have partnered with them early in their journey and look forward to supporting them as they create a seismic shift in this low NPS, deep TAM market," said Sankalp Gupta, partner at Tanglin Venture Partners.

Founded in late 2021, Houseware enables SaaS businesses to create a true new-age CRM built on the cloud data warehouse for the modern world.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Huddle Ventures Fund II Oversubscribed at INR 100 Cr

With an average USD 500k entry check and follow-on investments of up to USD 1 million per firm, the Gurugram-based firm hopes to make 20 investments from Fund II.

News and Trends

Palette Brands, Clapingo, and Finsall Raise Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.