Fibery offers a configurable work platform that positions itself as a single source of truth for product companies, sitting opposite tools like Jira, Trello, Asana and Zendesk and drawing comparisons to Airtable and Notion. The company sells a multiaccount SaaS pricing model and reports an expected LTV of about $7,000. Public metrics in the deck show $350,000 in annual recurring revenue and an average of 15 paid users per account today (the deck also cites an expected account size of 20–30). Its traction slide notes logo churn exceeds revenue churn, indicating retention of higher-value customers. The team is ~25 employees, and the deck links to founder Michael’s Twitter. Fibery’s public pitch materials include explicit MRR/ARR goals for EOY 2023 and 2024 and a launch target for a new platform version. Fibery operates a project-management platform for organizing work and projects. The company announced it raised $3.1M in a funding round. The round was reported by founder Mikhail Dubakov and was led by AltaIR Capital. The article describes AltaIR Capital as an international investment firm with four funds totaling more than $400M and a portfolio of 300+ active startups across the US, Israel and Europe. The article also notes AltaIR has previously invested in companies with Belarusian roots, including RocketBody and PandaDoc. No operating metrics or detailed product roadmap were provided in the article.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

May 2023