AI startup TinyFish has raised $47 million in a Series A funding round led by ICONIQ Capital, with participation from USVP, MongoDB Ventures, and Sandberg Bernthal Venture Partners, co-founded by Sheryl Sandberg. The Palo Alto-based company said the fresh capital will be used to expand its product line and strengthen go-to-market operations as it seeks to establish itself in the fast-growing AI agent sector.
Founded in 2024, TinyFish develops AI-powered web agents that simulate human browsing to automate complex and repetitive online tasks at scale. The company is initially targeting the retail and travel industries, offering services such as dynamic price tracking, monitoring promotions, shipping times, and competitor inventory. Traditionally, such tasks relied on offshore teams or fragile custom software scripts that often failed when websites changed design.
CEO Sudheesh Nair said the new funding gives the 25-member company a financial runway of three to four years, with early pilots showing promise among major enterprises. He noted that TinyFish’s technology is designed not only to save costs but also to generate new revenue streams by turning internet activity into actionable business data. The company’s approach combines advanced reasoning models with high-speed deterministic execution to ensure efficiency at scale.
Investors say TinyFish’s early success with large pilot customers, including Google, demonstrates the robustness of its technology. Amit Agarwal, a partner at ICONIQ, said the firm was impressed with how TinyFish operationalized its platform at a scale that even well-resourced enterprises could not replicate internally. With growing competition in the AI agent space, the funding positions TinyFish to compete strongly in what many analysts are calling the next wave of enterprise AI