Zapstitch receives pre-series-A round of $2 million led by VC firm Helion Venture Partners

BENGALURU: City-based integrator of cloud platforms Zapstitch has received a pre-series-A round of $2 million (about Rs 12.4 crore) led by venture capital firm Helion Venture Partners, followed by its existing investor Orios Venture Partners.

The one-year-old company helps small- and medium-sized businesses integrate data between different cloud-based services such as accounting software Quickbooks with an ecommerce tech platform such as Shopify. “Zapstitch is able to provide the right kind of instructions and support sitting remotely out of India,” said Alok Goyal, partner at Helion.

The company currently serves over 400 clients, 90% of whom are based in the US and Canada, and will be setting up a US team this coming year to further their sales and marketing efforts in markets abroad. “It stitches it all up so you can move data across apps,” said Orios Venture Partners Founder and Investor Rehan Yar Khan.

Majority of the funds will be used for expanding Zapstitch’s offerings to enter product lines designed for data migration, data quality, and data validation. Zapstitch offers its products from $29 to $99 (Rs 1,850 to Rs 6,300) a month to firms such as ecommerce companies.