Floqer Passes $1.2M ARR and Will Open-Source Its AI Prospecting Database

Floqer, which sells an AI-built customer database to B2B sales and marketing teams, says it has passed $1.2 million in annual recurring revenue and will open-source the technology behind that database in early 2027, TechCrunch reported on Wednesday, October 14, 2026. The open-source release depends on security reviews. Floqer pitched on the Startup Battlefield stage at TechCrunch Disrupt the same week.

Users describe the companies and people they want, and Floqer's agents build the list, enrich accounts from more than 100 third-party data sources and check one email or phone provider after another until a contact verifies. The system keeps watching the web, so a job change, promotion or funding round updates the record.

The company

• Founded: 2024, by CEO Shivam Mahajan and Zaaheda Islam.

• Funding: $2 million pre-seed, including Perplexity's F7 Fund and Perplexity co-founder Denis Yarats.

• Scale: eight employees and more than 1,000 customers, including Perplexity, Wise and AngelList. Revenue grew roughly tenfold in a year, per the company.

Mahajan told TechCrunch that some customers want to host their own data, and that open-sourcing also helps with demand the team can't serve today.

Why it matters

B2B data keeps moving from lists bought once to records that update themselves. Veridion raised $20 million on the same idea in September. If the database layer can be self-hosted for free, contact and company data starts to look like a commodity.

A self-updating record tells a rep who fits the ICP and how to reach them. It doesn't tell them who is paying attention this week. A promotion or funding round is public, so every competitor's tools see it at the same time. A prospect who commented on your VP's post, or came back to your content three times in a month, is visible only to you, which makes it a buying signal rather than an enriched record.

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Sources: TechCrunch, "Floqer's AI agents research sales prospects so teams don't have to" (October 14, 2026).