Tyten raises £750k investment to bring AI-powered automation to transform the $1.4tn global facilities management indust
Written by Christina Levada
Tyten (formerly Fixo), the AI company for the next generation of facilities management, has secured £750,000 in investment, co-led by Fuel Ventures and Concrete Ventures, with follow-on participation from Antler.
The raise included angel investors and follows early support from industry backers. It marks an important step in Tyten’s mission to modernise the facilities management sector - a critical but often overlooked industry that keeps buildings operational across electrical, plumbing, structural and mechanical systems.
Co-founded by Vladimir Pushmin (CEO), Sergey Nasonov (CTO), and Tom Petrides (CCO) the team combines expertise in energy optimisation, AI, and commercial real estate, bringing first-hand experience to solve the pain points of facilities management teams. Under Vladimir’s leadership in company strategy, fundraising, and product direction; Sergey’s leadership in directing all technical innovation and AI development, including the personal architecture of Tyten’s core platform and infrastructure; and Tom’s success in securing Tyten’s first pilot customers, building strategic partnerships, and gearing the company up for rapid commercialisation, the company is establishing itself as a leading innovator in the UK facilities management market.
The team has spent more than 400 hours shadowing technicians and help desk teams on the ground to understand their workflows, challenges, and daily realities. This direct experience forms the foundation of Tyten’s product design philosophy - creating a solution built specifically for the unique needs of facilities management, rather than retrofitting tools built for other industries.
The UK facilities management market alone is worth £60bn¹, and globally the sector represents a $1.4tn industry². Despite its size, the sector has historically been underserved by tailored AI and automation tools. Tyten aims to change that.
Tyten’s AI-powered platform tackles the two biggest bottlenecks in facilities management:
- Automating help desk administration – The platform manages repair requests from the moment an issue is reported through to job closure. Its first automation module takes incoming tasks, reaches out to subcontractors, processes technician reports, identifies missing information, and follows up automatically. This alone saves help desk employees up to two out of five working days each week, freeing them to focus on building stronger client relationships.
- Supporting technicians in the field – Tyten provides step-by-step diagnostic and repair guidance, eliminating the need to search manuals or videos mid-job. This allows technicians to execute repairs faster and more accurately, closing work orders up to 80% faster and improving KPIs for service providers and clients alike.
The new capital will be primarily directed towards engineering and product development, accounting for around 70–80% of the funds. Tyten is rapidly hiring across technical roles to meet growing customer demand.
Vladimir Pushmin, CEO and Co-founder of Tyten, said:
“Facilities management is the invisible backbone of every building - but the technology behind it hasn’t kept up and has lacked the innovation needed. We built Tyten to solve that, working hand in hand with technicians and help desk teams to understand their real challenges.
“This funding round gives us the resources to scale rapidly, accelerate product development, and bring much-needed acceleration to an industry that keeps the world running.”
Mark Pearson, Founder of Fuel Ventures, added:
"Facilities management is a trillion-dollar market that’s been left behind by modern technology, and Tyten is seizing that gap with clarity, speed and ambition. At Fuel, we back founders who see massive opportunities where others see legacy industries - and that’s exactly what Tyten has done.
“What stood out to us was the team’s rare mix of deep industry insight and technical execution. They’re not just building a clever tool - they’re reshaping how an entire sector operates. It’s exactly the kind of bold, high-impact vision we love to support, and we’re excited to be backing them on this journey”
Taylor Wescoatt, Founder of Concrete VC added;
“We have been impressed with the depth of insight Tyten has developed into this enormous and highly fragmented technology ecosystem. LLM’s offer a new dawn to the painful repetitive processes necessary to keep buildings and their occupiers happy and focussed on what they do best.”
“We seek founders who are eager to work closely with real estate operators, enabling them to innovate and improve on services in the built environment. Rarely have we seen such a perfect fit for a new technology, and a strong customer response to an early stage company’s offering.”
About Tyten
Tyten is a UK-based technology company pioneering the use of artificial intelligence to modernise and transform the global facilities management industry. Its platform combines intelligent workflow automation for help desks with guided diagnostic tools for technicians, delivering significant original operational efficiencies and improved service outcomes across the built environment. Founded following extensive research with industry professionals, Tyten is purpose-built to address the unique challenges of a $1.4 trillion global market that underpins the operation of buildings worldwide. By equipping facilities teams with modern, AI-driven tools, Tyten is setting a new standard for how repairs and maintenance are managed at scale.
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