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PeopleReign Raises $4 Million in Funding

PeopleReign, a Mountain View, California-based leading SaaS platform to automate IT and HR service, announced its AI-first system of intelligence is now generally available.

Ben Murray profile image
by Ben Murray
PeopleReign Raises $4 Million in Funding

PeopleReign, a Mountain View, California-based leading SaaS platform to automate IT and HR service, announced its AI-first system of intelligence is now generally available.

The company also announced that it raised $4 million in venture capital funding from investors including Boulder Ventures, Moxxie Ventures, Sterling Road, and individual investors including Sanju Bansal, co-founder of MicroStrategy, and Jeff Samberg, Managing Director of Acadia Woods.

The company plans to use proceeds from the round to add key team members in sales, customer success, and engineering and invest in strategic partnerships with organizations like Thirdera, the largest pure-play provider of ServiceNow services.

Company: PeopleReign, Inc.

Raised: $4.0M

Round: Venture Capital

Funding Month: March 2022

Lead Investors: Boulder Ventures, Moxxie Ventures, Sterling Road, Sanju Bansal, and Jeff Samberg

Additional Investors:

Company Website: https://peoplereign.io/

Software Category: IT and HR Employee Service

About the Company: Founded in 2020, PeopleReign is the conversational AI platform that automates IT and HR employee service. PeopleReign has developed the world’s smartest virtual agent for delivering automated IT and HR services. It speaks 27 languages and is pre-configured to answer about five million common questions. PeopleReign is already used by Fortune 500 companies including Swiss Re where 15,000 employees in 25 countries are more productive thanks to automated answers from PeopleReign. 

Source: https://peoplereign.io/2022/03/peoplereign-announces-public-availability

Ben Murray profile image
by Ben Murray

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