Floqer passes $1.2M ARR and will open-source its AI sales database

By Amara Osei

Floqer has crossed $1.2 million in annual recurring revenue and grown overall revenue roughly tenfold over the past year. The startup announced the figures ahead of its pitch Wednesday on the Startup Battlefield stage at TechCrunch Disrupt 2026.

The company also plans to open-source the technology behind its autonomous customer knowledge database. It's targeting early 2027 for the release, pending security reviews.

What does Floqer actually sell?

Floqer builds an AI-powered database that continuously collects, organizes, and updates the information B2B sales and marketing teams use to understand their customers. Shivam Mahajan, the CEO, and Zaaheda Islam founded the company after meeting at university. Mahajan previously worked as a software engineer at Kyndryl; Islam was a senior data scientist at Axis Capital.

The product didn't start this way. "We started with a Chrome extension, which is called 'Super Chat,'" Mahajan told TechCrunch in an interview earlier this month. "Anybody can go and log in with their ChatGPT account and then understand [information] and take notes."

Enterprise teams started using that extension to clean up CRM data. That usage pointed the founders at a real gap: manual work, no established processes.

"When we spoke with them, they told us that it's super manual for them to clean their CRM data, and there were no established processes around that," Mahajan said. "So that was insightful for us, and then we pivoted from there to build Floqer."

How do the AI agents work?

Prospect research normally eats hours — searching Google, LinkedIn, company websites, and job boards to find companies that fit a profile, then tracking down the right people and their contact details. Floqer automates that. Users describe what they want, and AI agents search multiple sources to build lists of relevant companies and contacts.

The system enriches target accounts using more than 100 third-party data sources. When it needs a verified email or phone number, it runs a "waterfall" approach — checking one data provider after another until it lands usable information.

It also monitors the web continuously. If a prospect changes jobs, gets promoted, or joins a company that raises new funding, the update flows into the user's records. Floqer says customers have reported cutting prospecting time by as much as 70%.

Why open-source now?

Availability, first. The database currently reaches only a limited audience.

"Our autonomous customer knowledge database is only available to a limited audience, mostly due to how much demand our team can actually serve properly," Mahajan said. "But open-sourcing it will help us fix that."

Customer demand plays a part too. Mahajan said some companies want to host their own data rather than keep it inside a vendor's proprietary platform. Others want to modify the technology or build on top of it.

"Our mission is to really enable every team to build their central source of growth," Mahajan said.

Security reviews come before any public release, because the database can hold sensitive customer information and large companies already use it.

Who is backing it?

Floqer was founded in 2024 and has raised $2 million in pre-seed funding. Investors include Perplexity's F7 Fund, N49P, Tidal Venture Partners, and Perplexity co-founder Denis Yarats.

The company says it now employs eight people and serves more than 1,000 customers, including Perplexity, Wise, and AngelList. Tenfold revenue growth on a $2 million pre-seed base puts Floqer in an unusual position: betting that giving away its core technology will grow the market faster than keeping it closed.