Fixify: AI-Based IT Help Desk Solution Provider Secures $25 Million (Series A)

By Amit Chowdhry • Nov 6, 2024

Fixify, an AI-based IT help desk solution provider, announced that it has closed a $25 million Series A funding round co-led by Costanoa Ventures, Decibel Partners and Paladin Capital Group with participation from Scale Venture Partners. And Fixify combines AI with human experts to empower IT teams to quickly diagnose and resolve issues to enhance the overall help desk experience. The funds will be used to scale its workforce and accelerate product development. 

A large percentage of employees avoid using IT help desks due to inefficiencies and poor service, according to findings in Fixify’s IT Help Desk Benchmark Report. This report also revealed that almost half of IT tickets are related to software and application issues, followed by password reset requests. 

Fixify’s AI-based solution tackles the most common IT problems and guides Fixify’s human analysts to resolve problems with a personal touch. Fixify also offers real-time sentiment analysis to monitor emotional tone, detect mood shifts and offer suggestions for improving the overall employee experience. By blending AI with human oversight, IT teams can provide faster, more reliable support while helping employees avoid the frustrations and limitations of purely tech-driven support, like chatbots.

The key features of Fixify include:

1.) Keeps Humans in the Loop—A Fixify analyst (backed up by AI and automation) always talks to every end user to ensure they get the care they deserve.

2.) Set the Dial Anywhere – Adjust Any Time: The internal IT teams control which tickets go to Fixify by toggling individual use cases such as access requests and account recovery on or off so they can focus on more complex priorities. 

3.) Fits Into Existing Process & Playbooks – Fixify utilizes existing help desk processes and ticketing systems so there’s no need to re-train end users on where to go.

4.) Root-Cause Analysis – Utilizes AI/ML to identify the root cause, diagnose the problem and work toward a resolution more quickly. 

5.) Integration with Existing Systems – Seamless integration into the leading existing IT ticketing, access management and productivity apps including JIRA, Freshservice, ServiceNow, Okta, Microsoft, Google and Slack.

6.) Metrics & Insights – Fixify automatically categorizes tickets by use case so IT teams have more visibility into their organizations’ top issues. Efficiency metrics, user sentiment and strategic recommendations help IT teams anticipate and proactively resolve problems. 

Along with the funding, Fixify also announced that Mourad Yesayan, Managing Director at Paladin Capital Group, will join its board to provide strategic counsel on AI and cybersecurity. Mourad joins existing board members Dan Nguyen-Huu, Partner at Decibel Partners, and Fixify’s three founders.

Fixify was founded by CEO Matt Peters, COO Mase Issa, and CTO Peter Silberman. Together, they hold 95 years of combined experience in the cybersecurity industry. Prior to launching Fixify, all three co-founders were early employees (pre-revenue) at Expel, a leading Managed Detection and Response (MDR) provider that works with top brands to minimize risk and build security resilience. 

KEY QUOTES:

“We want people to feel cared for, not handled or ‘resolved’ when reaching out to IT for support. We understand IT teams are overwhelmed and inundated with tickets. Delays in support slow down staff and are frustrating. Our solution centers around humans – both IT teams and employees – to improve the overall experience for both.” 

  • Matt Peters, CEO and co-founder of Fixify

“How AI is used to solve real, everyday problems determines how compelling it is for a business. We liked that Fixify is using AI to unblock not just the productivity of IT teams, but also for the employees that need IT problems resolved more quickly.” 

  • Tony Liu, Partner at Costanoa Ventures

“Most IT help desk solutions have focused on automating humans out of the process and pushing work back on end users. That creates frustration. Fixify is flipping the script by keeping humans in the loop and supporting them with tech that solves problems fast and includes a personal touch.”

  • Dan Nguyen-Huu, Partner at Decibel Partners

“Fixify’s approach is refreshing and entirely new. They’re delivering high-quality, high-touch IT help desk services at scale by using technology – including AI – to optimize how their own IT experts diagnose and solve customers’ issues.”

  • Mourad Yesayan, Managing Director at Paladin Capital Group