San Francisco- and Bengaluru-based startup Atomicwork said it has raised $11 million in a seed round of funding led by Matrix Partners India and Blume Ventures.
According to a statement, Storm Ventures, Neon Fund, and angel investors are among the other investors in the round. The statement added that the startup plans to invest funds in engineering, marketing, and product development initiatives in the upcoming months.
The company offers software that streamlines tasks for the finance, information and technology (IT), and human resources (HR) areas, among other business functions.
To scale up operations, support, and service delivery automation, Atomicwork sits on top of collaboration tools like Slack and Microsoft Teams.
“Businesses implement too many point solutions and complex processes, leading to productivity loss and unnecessary friction. Our goal with Atomicwork is to offer a solution to streamline internal operations through great employee experience and good efficiency,” said founder and CEO Vijay Rayapati.
Atom, Atomicwork’s artificial intelligence (AI)-powered assistant, picks up knowledge from internal conversations and documentation to help staff with their questions and requests without human intervention.
The startup also has offices in Singapore and Chennai, besides San Francisco and Bengaluru.
Rayapati, Kiran Darisi, and Parsuram Vijayasankar established Atomicwork in September 2022. Before founding Atomicwork, Rayapati worked as vice president and general manager at Nutanix, which acquired his prior startup, Minjar, in 2018. The founding team of Freshworks included Darisi and Vijayasankar.
“Blume’s relationship with this special group of entrepreneurs began many years ago, thanks to a prior fund. We’re very excited to invest in this transformative space and support Atomicwork as they reshape the future of employee experience and success,” said Sanjay Nath, partner at Blume Ventures.
Principal at Matrix Partners India, Pranay Desai, added that Atomicwork’s strategy is innovative and user-led and that the problem of employee support and experience has been seeking innovation.
