AI productivity startup Fyxer.ai raises £22m led by Madrona with Lakestar
This article covers the Series B on 9 September 2025 at Fyxer.ai, an AI-powered productivity companion for everyday professionals, founded by Richard and Archie Hollingsworth and Matt Ffrench. The company raised £22m in a round led by Madrona, with participation from Lakestar Capital.
What does Fyxer.ai do?
Fyxer.ai is an AI productivity companion that integrates with email and calendar systems to provide administrative assistance. It automates email drafting, meeting summaries, task follow-ups and calendar management to reduce routine administrative work for professionals.
Why is Fyxer.ai useful?
Problem
Everyday professionals face heavy email, meeting and scheduling workloads that waste time and create inefficiency. Many spend more than a quarter of their time on these tasks.
Solution
Fyxer helps by providing AI administrative support that drafts emails, summarises meetings and follows up on tasks. It integrates with Gmail, Outlook and Microsoft Teams to automate inboxes and suggest smart calendar reschedules.
How much did Fyxer.ai raise?
Fyxer.ai raised £22m ($30m) in a Series B led by Madrona, with participation from Lakestar Capital alongside existing backers.
Who invested in Fyxer.ai?
Key investors in the company include the following backers.
- Madrona: Seattle-based venture capital firm focused on cloud, AI and enterprise software investments.
- Lakestar Capital: Pan-European venture firm with a reputation for backing high-growth consumer and enterprise technology companies across Europe and the US.
- Marc Benioff: angel investor bringing expertise in enterprise software and cloud platforms, known for founding Salesforce.
If you're researching potential backers in this space:
- Explore our list of AI venture capital firms in the UK
- Browse our directory of AI angel investors in the UK
Who founded Fyxer.ai?
The founders of Fyxer.ai are Richard Hollingsworth, Archie Hollingsworth and CTO Matt Ffrench.
Where is Fyxer.ai based?
Fyxer.ai is based in London, UK.
What sector is Fyxer.ai in?
Fyxer.ai operates in the productivity software sector. This sector makes tools that help people work more efficiently.
Key trends and challenges in AI productivity tools:
Integration-first adoption
Many customers prefer tools that plug into Gmail, Outlook or Teams, avoiding new apps, for smoother workflows.
Privacy and regulatory compliance
Products must meet rules like GDPR and standards such as ISO 27001 or SOC 2 to protect user data.
Accuracy and user trust
AI can produce incorrect summaries, so users often verify outputs, keeping admin at over a quarter of work time.
For a deeper look at innovation in this space, see the AI startups in the UK.
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