TinyFish Raises $47M to Expand Enterprise AI Web Agents

TinyFish, a Palo Alto-based AI startup founded in 2024, has raised $47 million in a Series A funding round led by ICONIQ Capital, with participation from USVP, MongoDB Ventures, Sandberg Bernthal Venture Partners, and others. The company develops AI-powered enterprise web agents that mimic human browsing to automate complex, repetitive tasks such as dynamic price surveillance, inventory monitoring, and real-time market intelligence across industries like retail, travel, hospitality, and transportation. These agents enable businesses to extract structured data from the dynamic and complex web environment, allowing enterprises to scale operations that were previously constrained by manual labor or brittle automation. TinyFish's platform is already deployed at major companies including Google, DoorDash, and Fortune 500 brands, delivering measurable outcomes such as revenue generation rather than just cost savings. The funding will support product development and market expansion, providing a runway for the company’s 25 employees over the next three to four years. CEO Sudheesh Nair emphasized that the startup’s goal is to transform unstructured web data into actionable business intelligence and competitive advantage.