# OfferFit

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.offerfit.ai
- Total disclosed funding: $44M
- Latest round: Series B (Jul 31, 2023)
- Investors on record: 13

## About

Based in Massachusetts, US, and founded in 2020, OfferFit, Inc. provides a platform that uses self-learning AI to automate the process of personalized offer experimentation. The company was co-founded by George Khachatryan (CEO) and Victor Kostyuk. In August 2022, the firm raised an amount of Series A funding from returning investor Alumni Ventures Group. The business provides a decision engine with self-learning artificial intelligence that is intended to make promotions profitable. The company's engine enables users to categorize clients into different segments and use machine learning to identify the best offer for each section. This feature allows business owners to give customers personalized offers and continuously improve their products based on customer feedback. The firm solution is used by various industries such as retail, e-commerce, travel, hospitality, and many more. In March 2025, Braze, Inc., a portfolio company of Battery Ventures, Blumberg Capital, ICONIQ Capital, InterWest Partners, Meritech Capital Partners, and Rally Ventures, agreed to acquire OfferFit from Afterwork Ventures, Alumni Ventures Group, Black Nova Group, Burst Capital, Canvas Ventures, Capital One Ventures, Carbide Ventures, GTMfund, Harmony Partners, Menlo Ventures, Pareto Holdings, Ridge Ventures, and TMD Ventures for USD 325 million.

## Funding rounds

- Series B, Jul 31, 2023, $23M — Menlo Ventures, Ridge Ventures, Harmony Partners, Capital One Ventures, Alumni Ventures Group, Canvas Prime, Burst Capital, Carbide Ventures
- Series A, Aug 8, 2022, $7.1M — Alumni Ventures Group
- Series A, Sep 30, 2021, $14M — Harmony Partners, Alumni Ventures Group, Canvas Prime, TMD Ventures, Burst Capital, Black Nova Group, Pareto Holdings, GTMfund, Afterwork Ventures, Carbide Ventures

## Investors

- Harmony Partners (https://capitalatlas.ai/funds/harmony-partners) — Series A, Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A, Series B
- Canvas Prime (https://capitalatlas.ai/funds/canvas-prime) — Series A, Series B
- TMD Ventures — Series A
- Burst Capital (https://capitalatlas.ai/funds/burst-capital) — Series A, Series B
- Black Nova Group (https://capitalatlas.ai/funds/black-nova-group) — Series A
- Pareto Holdings (https://capitalatlas.ai/funds/pareto-holdings) — Series A
- GTMfund (https://capitalatlas.ai/funds/gtmfund) — Series A
- Afterwork Ventures (https://capitalatlas.ai/funds/afterwork-ventures) — Series A
- Carbide Ventures (https://capitalatlas.ai/funds/carbide-ventures) — Series A, Series B
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B
- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Series B
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series B