Employee experience platform inFeedo has announced that they have secured $12M in Series A funding. The round was led by Jungle Ventures and Tiger Global with existing investors like Bling Capital.
New investors to join this round included Bhavin Turakhia (Founder Zeta), Sreedhar Peddineni (Co-founder Gainsight), Suman Gopalan (CHRO Freshworks) and Ankur Warikoo.
John Curtius, Partner at Tiger Global said, “We are excited to partner with Tanmaya and the inFeedo team. We believe they will be a leader in the employee listening market.”
Arpit Beri, Principal at Jungle Ventures added, “The relationship between employees and companies is changing radically, forcing leaders to rethink their approach to their most precious resource: talent. The kind of encouraging on-ground feedback we received from all stakeholders, be it the customers, the competitors or even the ex-employees makes us extremely excited to partner with inFeedo, as they set out to redefine employee engagement for global enterprises.”
With the latest funding, inFeedo’s is raised since its inception to $16M. It aims to triple their product line, quadruple revenue, double their team and accelerate growth in Southeast Asia, India and the US, in the next couple of years.
Founded in 2016 by Tanmaya Jain and Varun Puri, inFeedo, headquartered in the US, is an all-in-one employee experience platform with people analytics that help predict attrition, burnout & disengagement in top talent. Their proprietary A.I. bot called Amber acts as a Chief Listening Officer to the CEO, has intelligent conversations with employees to find hidden gaps in their culture, managers and wellbeing in real time.
Commenting on the announcement, Tanmaya Jain, Founder and CEO of inFeedo said, “There’s never been a more critical time to put people at the heart of your business. This milestone isn’t about our series A, it’s about our A game. It’s about surrounding ourselves with A players who share a vision of helping companies build a culture where people love to come to work. It’s about conversational AI and people science teams coming together to build meaningful employee experiences. With both Tiger and Jungle now behind us, it’s finally time for inFeedo to roar. ”