Fire AI, an AI-powered business intelligence platform, has raised an undisclosed amount in a pre-seed funding round led by Venture Catalysts. The round also saw participation from notable investors, including Gaurav Khatri (Co-founder and CEO of Noise) and Amit Kumar Singh (Former Managing Director, Central Warehousing Corporation).
The funds raised will be used to accelerate product development, expand its team, and deepen market penetration across key industry verticals. The company plans to focus on enhancing its AI capabilities, building strategic partnerships, and scaling its go-to-market efforts.
Founded in 2024 by Vipul Prakash, Fire AI is building a unified platform that integrates descriptive, diagnostic, predictive, and prescriptive analytics to help businesses derive insights from data in a seamless, user-friendly manner.
The company’s comprehensive AI-powered platform seamlessly integrates with existing business databases and tools, automating the entire reporting and analytics workflow while delivering real-time, actionable insights through an intuitive conversational interface.
Vipul Prakash, Founder & CEO of Fire AI, said, “We’re excited to have the backing of strategic partners at this early stage of our journey. The pre–seed round is a strong validation of our vision to make AI-enabled business intelligence simple, conversational, and truly accessible. We’re just getting started and the focus now is on building, listening to early users, and laying a strong foundation for scale. At Fire AI, we’re building an AI-enabled platform that simplifies how businesses work with data. The goal is to make insights as easy to access as messaging a colleague. While we’re still early in our product journey, the conviction is clear: data should work for people, not the other way around.”
Apoorva Ranjan Sharma, Co-founder and Managing Director of Venture Catalysts, said, “Fire AI stands as the next frontier in business intelligence, combining the power of artificial intelligence with deep understanding of enterprise needs. The platform’s ability to automate complex analytics workflows while making insights accessible through natural language demonstrates the kind of innovation we seek to support. With the global business intelligence market poised for exponential growth, Fire AI is perfectly positioned to capture significant market share. This investment aligns with our commitment to backing companies that are transforming traditional sectors through cutting-edge AI technology.”
