Private Equity PE-VC Fund Investments
SaaS startup Scalekit raises $5.5 M led by Together Fund, Z47, others
Source Inc42 (opens in a new tab)
Delaware, USA- and Bengaluru-headquartered SaaS startup Scalekit has raised USD 5.5 million (INR 48.4 crore) as part of its seed round co-led by Together Fund and Z47 with participation from angel investors Adam Frankl, Oliver Jay, and Jagadeesh Kunda, among others.Founded in 2023 by Satya Devarakonda and Ravi Madabhushi, Scalekit has built an authentication stack for AI apps to make agentic workflows secure. The startup offers infrastructure to help developers securely connect agents, applications and tools.The proceeds from the fresh issue will be used to deepen the firm’s identity and shore up tech capabilities.