Employee experience platform Bigyellowfish announced that it raised $1.1 million as part of its seed funding. With participation from Anicut Capital and Innoport, Powerhouse Ventures led the investment.
The funds will be utilized to expand the company’s global reach through R&D, speed up innovation, and expand software and platform capabilities.
“We are delighted to back Soma and Kunal as they continue to help global companies digitize their employee engagement and deliver measurable business results that impact their safety, employee engagement, development, and retention goals,” Kshitij Golwalkar, General Partner, Powerhouse Ventures, said, in a media statement.
“Bigyellowfish’s experience in working with some of the largest companies in the Shipping & Maritime sectors positions them well to enter other safety-critical industries where the need for superior employee experience solutions is immense,” he added.
Bigyellowfish, a company founded in 2019 by Soma Sundar Gollakota and Kunal Pancholi, offers corporate leaders in the fields of safety, HR, operations, and asset management with predictive signaling and decision support mechanisms.
The company currently provides services to clients in Singapore, the UK, and the EU. Bigyellowfish states that since 2020, its growth has increased by 4X. In the upcoming years, it aims to double down, boost revenues from safety-sensitive sectors, including maritime, aviation, oil & gas, manufacturing, and logistics, and broaden its operations across the US and the Middle East.