# Mavvrik

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mavvrik

- Industry: Software
- Headquarters: US
- Website: www.mavvrik.ai
- Total disclosed funding: $15M
- Latest round: Seed (Feb 19, 2025)
- Investors on record: 6

## About

Based in Texas, US, and founded in 2022 by co-founders Safi Siddiqui and Darmawan Suwirya, DigitalEx, Inc., doing business as Mavvrik, provides a platform that enables businesses to track expenses, allocate costs efficiently, and optimize financial planning through real-time analytics and automation. In February 2025, Mavvrik raised USD 6.2 million in seed funding co-led by returning investors S3 Ventures and Flyover Capital, with participation from other returning investors Tuesday Capital, Clutch, Amplify and Knoll Ventures. Mavvrik offers a range of financial management tools designed to streamline IT cost control. The feature allows businesses to assign costs accurately across departments, teams, and projects. It provides detailed insights into resource consumption and expense distribution. Additionally, the organizations using cloud services across multiple providers can consolidate their spending data in one system. The platform tracks usage trends and offers optimization recommendations. The firm provides oversight of AI-driven workloads and GPU resources, ensuring that computational expenses remain within budget. Businesses can analyze SaaS subscription costs, monitor software usage, and eliminate unnecessary expenses. The platform helps organizations plan future IT expenses based on historical spending patterns and predictive analytics. The tool integrates with various cloud platforms, enterprise finance tools, and IT management systems to ensure a seamless experience without disrupting existing workflows. The platform is used by finance teams for budgeting, IT leaders for cost control, and engineering teams for infrastructure cost monitoring. Mavvrik generates revenue primarily through subscription-based pricing for its financial management platform. The company will use the February 2025 funding to accelerate its go-to-market expansion and product innovation.

## Funding rounds

- Seed, Feb 19, 2025, $6.2M — S3 Ventures, Tuesday Capital, Amplify, Flyover Capital, Knoll Ventures, Clutch
- Seed, Dec 20, 2024, $9.3M — S3 Ventures, Tuesday Capital, Amplify, Flyover Capital, Knoll Ventures, Clutch

## Investors

- S3 Ventures (https://capitalatlas.ai/funds/s3-ventures) — Seed
- Tuesday Capital (https://capitalatlas.ai/funds/tuesday-capital) — Seed
- Amplify (https://capitalatlas.ai/funds/amplify) — Seed
- Flyover Capital (https://capitalatlas.ai/funds/flyover-capital) — Seed
- Knoll Ventures (https://capitalatlas.ai/funds/knoll-ventures) — Seed
- Clutch (https://capitalatlas.ai/funds/clutch) — Seed