AI startup Tyten has raised £750,000 in seed funding from Fuel Ventures and Concrete Ventures, with participation from Antler VC and a group of angel investors. The company, founded in 2024, is targeting the UK’s £60bn facilities management sector, part of a global market exceeding $1tn. Despite its scale, the industry has seen limited adoption of advanced automation, leaving significant operational inefficiencies that Tyten aims to address.
The startup’s platform is built around two major pressure points in facilities operations. First, it automates core help desk tasks such as managing repair requests, triaging incoming jobs, engaging subcontractors, processing technician reports and identifying missing data. This reduces administrative workload while improving accuracy and response times.
Second, Tyten supports field technicians with step-by-step diagnostic and repair guidance. The company says this enables teams to close work orders up to 80 percent faster, directly improving productivity and service quality. This dual approach positions Tyten as a tool that enhances both frontline performance and back-office efficiency.
Co-founder Vladimir Pushmin said the industry has long been underserved by innovation despite being “the invisible backbone of every building”. He added that the fresh investment will accelerate product development and help the company scale in a market that is increasingly open to digital transformation.
Fuel Ventures founder Mark Pearson said Tyten stands out for combining deep industry insight with strong technical execution, noting that the company is not simply automating tasks but reshaping how the sector functions. He described the market as a major opportunity that has been “left behind by modern technology”.
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