Bengaluru-Based Metaforms Lands $9M to Reinvent Market Research With AI Agents
In a world where AI is automating everything from content writing to customer service, a bold new startup from Bengaluru is coming for an industry you probably didn’t expect: market research.
Metaforms, a young AI-driven B2B startup founded just in 2022, has just raised a stunning $9 million in Series A funding, led by Peak XV Partners (formerly Sequoia Capital India), with backing from Nexus Venture Partners and Together Fund.
This round brings Metaforms’ total raise to around $10 million — and its ambitions are crystal clear: replace manual market research grunt work with intelligent AI agents.
Wait, What Exactly Does Metaforms Do?
Founded by Akshat Tyagi and Arjun S, Metaforms is building autonomous AI agents that streamline and replace the most painful — and time-consuming — parts of the market research process.
Their platform can already handle:
- Survey programming
- Data processing and cleaning
- Vendor coordination and communication
- End-to-end operational workflows
In simple terms, Metaforms is turning manual market research tasks into a fully-automated AI factory.
Here’s What’s Wild: They’ve Only Been Selling for Six Months
Metaforms only began commercial operations six months ago — and in that short time, they’ve already locked in major international clients like:
Most of their customers are located in North America and Europe, proving that this isn’t just another local SaaS experiment — it’s a global AI play from day one.
“We’re automating everything that slows down modern market research firms,” said CEO Akshat Tyagi. “AI can now replace the hours (or days) it used to take to deploy a survey, clean the data, or coordinate with partners.”
1,000+ Surveys Processed Monthly — and Growing Fast
Metaforms’ platform is already processing over 1,000 surveys a month, and that number is scaling rapidly.
Instead of hiring teams of analysts, firms can now deploy AI agents that:
- Work 24/7
- Never miss a deadline
- Cost a fraction of human labor
- Deliver consistent, reliable results
How the New $9M Will Be Used
Metaforms plans to go big with this funding round. The startup will:
1. Expand its AI engineering and R&D team in India
Expect Metaforms to aggressively hire top-tier AI talent to strengthen its reasoning models and autonomous agent capabilities.
2. Open a New York Office
To bring itself closer to key U.S. clients, Metaforms is setting up boots on the ground in NYC, aiming to scale sales and partnerships with the world’s biggest research firms.
Why Investors Are All In
In an age where every second SaaS startup claims to “use AI,” Metaforms is actually shipping it — and that’s what attracted investors like Peak XV and Nexus.
This isn’t just about AI hype. It’s about automating a $90+ billion global market research industry, most of which still runs on outdated tools and manual processes.
What’s Next: Is Market Research Headed for an AI Takeover?
Metaforms’ growth story reveals a much bigger trend — AI isn’t just changing how we analyze data; it’s replacing entire workflows.
That means:
- Fewer junior analysts
- Faster project delivery
- Lower costs for brands
- More scalability for research firms
If Metaforms succeeds, market research as we know it will look very different in the next 2–3 years.
Final Thought: From Bengaluru to the Boardrooms of New York
In just two years, Metaforms has gone from an idea to a globally operating AI startup challenging the core of how businesses understand their customers.
With $9 million in the bank, a killer client list, and a razor-sharp AI product — Metaforms might just be the most exciting B2B startup you haven’t heard of (yet).