Atomicwork, a San Francisco, CA-based AI-powered employee support platform provider, raised $11 million in Seed funding.
SaaS Investors
The round was led by Blume Ventures and Matrix Partners, with participation from Storm Ventures, Neon Fund, and angel investors.
Founded in 2010, Blume Ventures is a venture capital firm based in Mumbai, India. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies.
Matrix Partners is a US-based private equity investment firm focusing on venture capital investments. The firm invests in seed and early-stage companies in the United States and India, particularly in the software, communications, semiconductors, data storage, Internet or wireless sectors.
Atomicwork Use of Funds
The company intends to use the funds to expand operations and its business reach.
About Atomicwork
Founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, Atomicwork is an employee success solution that enables enterprises to deliver employee support workflows. Using AI, it integrates employees, processes, and systems for efficiency in support, service, and operations. Atom, Atomicwork’s AI assistant, learns from company processes and tribal knowledge to assist employees with their questions and requests without human intervention. The platform features the ability to have different service teams like IT, HR, Finance, and Legal work in their own private spaces while providing a unified experience for employees and efficiency for the enterprise.
Atomicwork is headquartered in San Francisco with offices in Singapore, Bangalore, and Chennai.
Funding Details
Company: Atomicwork, Inc.
Raised: $11.0M
Round: Seed Round
Funding Month: September 2023
Lead Investors: Blume Ventures and Matrix Partners
Additional Investors: Storm Ventures, Neon Fund
Company Website: https://www.atomicwork.com/
Software Category: AI-powered Employee Support Platform
Source: https://www.finsmes.com/2023/09/atomicwork-raises-11m-in-seed-funding.html