[ad_1]
HRtech startup Atomicwork has raised $11 million in a seed funding round led by Blume Ventures and Matrix Partners India with participation from Storm Ventures, Neon Fund, and prominent angel investors from Silicon Valley and India.
The San Francisco- and Bengaluru-based startup will use the proceeds to invest in product development, engineering and marketing activities in the coming months. The startup also has offices in Singapore and Chennai.
Founded in September 2022 by Vijay Rayapati, Kiran Darisi and Parsuram Vijayasankar, Atomicwork provides software that automates workflows under the information and technology (IT), human resources (HR), finance and other business functions. It helps companies provide instant help to their employees by collecting tribal knowledge from across the organization – stored in docs, wikis, information systems, email threads, and chat conversations.
Previously, Rayapati had founded Minjar which raised $2 million before getting acquired by US-based publicly-listed cloud infrastructure company Nutanix for about $50 million. Blume also invested in Minjar’s initial funding round. Darisi and Vijayasankar were part of the founding team of SaaS unicorn Freshworks.
Atomicwork’s target customers are mid-market companies with employee counts ranging from 500 to 2,000.
[ad_2]
Source link
