InFeedo’s platform allows employers to engage employees, predict attrition & answer queries with conversational AI that people love. The team has recently closed their series A and raised $12m which will allow them to push their ambitions and deliver next-generation HR systems to a new breed of employer.
Zillionize invested in inFeedo as part of the Y Combinator S20 batch, understanding the need to keep a check on the sentiment of a remote workforce brought ever more into focus due to the Covid 19 pandemic. At Zillionize, we believe remote working is the future and that looking after employee needs when HR isn’t available will be an important factor of workforce engagement in the coming decades.
Tanmaya Jain, InFeedo’s CEO and founder explains “With this fundraise, we will reinforce our belief to invest in incredible individuals driven by curiosity to unlock our next phase of growth. Most importantly, I’m extremely grateful to see the kind of wealth we’ve been able to create during a pandemic for our employees and investors, who stuck with us through thick and thin.“
The inFeedo team plan to ship new products over the next two years, using the new funding to enable these plans. With the “vision of an all-in-one employee experience platform with predictive people analytics that involves zero effort HR/IT” at the forefront of their plans. Along the way, the company aims to quadruple its revenue and double the size of its team.
You can read more about inFeedo’s Series A here.
Zillionize is a seed round investor which has been investing in technology startups since March 2011. We look for early startups who we believe can see the future. We use a data-driven approach to identify startups we love and want to invest in for the long term. Zillionize has invested in a number of unicorns and we look forward to more of our portfolio joining this list in the years to come.