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Pratyush Rai

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How Foyer Work Raised $900K at a $7M Valuation to Help Engineering Teams Measure Output (Interview with CEO Pratyush Rai)

Pratyush Rai (CEO of Foyer Work) spoke to Nathan Latka on November 1, 2022.

Foyer Work figures from the interview

Total Funding Raised (2022)
$900K
Valuation (2022)
$7M
Paying Customers (2022)
1
Team Size (2022)
6
Equity Sold (2022)
14%
“We we charge somewhere between 5 to $10 per developer per month. I think most of the existing tools are, like, way too expensive, and and we have heard a lot of our customers complain about that that, you know, these are not affordable for startups.”
“We we are we are having two design partners at this point, and one of them is a paying design partner. Another is doing a trial. It's going to convert into a paying design partners.”
“We we ended up raised to the north of $900,000, somewhere to the north of that.”

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Bio

Pratyush is CEO at Foyer. Foyer is a team of former IIT graduates, building a virtual project manager for software engineering teams. Helping Engineering managers measure their team's performance and helping developers in following core processes over Jira and GitHub. Pratyush was previously a management consultant at BCG (Boston Consulting Group).

Company

Foyer Work

Bengaluru, India · Founded 2022

Revenue
$24.8K
Funding
$900K
Team size
30
Customers
1

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