Leena AI, a New York-based Enterprise employee experience startup, raised $30 million in Series B funding led by Bessemer Venture Partners.
Existing investor Greycroft as well as Facebook co-founder Eduardo Saverin's B Capital Group also participated in the round. The total funding raised by the company now stands at $40 million.
The startup plans to use the fresh capital to accelerate product innovation to meet the platform's global demand for new and existing customers. Also, Leena AI plans to expand its employee experience suite to products for IT, sales, and finance teams by early 2022.
Company: Leena AI Inc.
Raised: $30.0M
Round: Series B
Funding Month: September 2021
Lead Investors: Bessemer Venture Partners
Additional Investors: Greycroft, and Eduardo Saverin's B Capital Group
Company Website: https://www.leena.ai/
Software Category: Enterprise employee experience management
About the Company: Leena AI is an autonomous conversational AI-backed platform that helps enterprises better employee experience. The platform is powerful, flexible, and made to meets the needs of any enterprise. With Leena AI, companies can eliminate the need for HR staff to work on tasks such as answering policy-related questions, knowledge management, generating employee documents on demand, and managing employee tickets so they can focus on high-value activities. Leena AI plays well with 20 plus platforms, including SAP SuccessFactors, ADP, Oracle, Workday, and Microsoft Office 365. It is trusted by 1M employees across companies like Nestle, Puma, AirAsia, Coca-cola, Lafarge Holcim, and Abbott. The platform is capable of handling every aspect of employee experience across the employee lifecycle. From FAQ automation and employee engagement right up to employee onboarding, the platform aims to help organizations streamline all HR workflows.
Source: https://yourstory.com/2021/09/funding-leena-ai-series-b-investment-bessemer-venture-partners/amp