AI StartUp Metaforms Raises $9 Mn from Peak XV, Others

Metaforms, an AI startup, has raised $9 million in a Series A funding round led by Peak XV Partners with participation from Nexus Venture Partners and Together Fund. 

The funding will support Metaforms’ rapid growth in India with plans to triple its engineering and AI research teams in Bengaluru. 

The company will also expand into new workflows—such as report generation and voice-based research—and enhance integrations with platforms like Decipher, SPSS and Confirmit.

Read also- Inflection Point Ventures launches $110 million IPV International Fund

"We're thrilled to partner with Akshat and Arjun as they reimagine what a market research agency could look like in an AI-first world. Metaforms is scaling rapidly by enabling some of the largest research agencies globally to automate workflows such as survey programming and data processing through their suite of AI agents," said Shailendra Singh, MD, Peak XV Partners.

"They're solving a major pain point for the entire industry. That focus and ability to deeply understand customer needs and address that using generative AI is the hallmark of the Metaforms team. We are thrilled to back Akshat and Arjun in their journey of building a remarkable company!" said Jishnu Bhattacharjee, Managing Director, Nexus Venture Partners.

"Metaforms is a breakout example of the India-to-global play in AI," said Manav Garg, Co-founder and Managing Partner at Together Fund. "They're not just automating tasks — they're rebuilding research infrastructure for the modern era."

Advertisment

About Metaforms 

Founded in 2022 by Akshat Tyagi and Arjun S, the Bengaluru-based Metaforms develops AI agents that streamline key workflows for market research agencies, helping them scale efficiently and reduce turnaround times. 

These agents handle tasks like survey programming, data processing, and vendor coordination—boosting productivity and operational speed.

Since going commercial, Metaforms has onboarded four of the top 20 global research agencies, including Strat7. The company currently processes over 1,000 surveys each month and has set a long-term goal of handling more than 100,000 surveys annually.