inFeedo, an employee experience platform, has raised $12 million in Series A funding. Jungle Ventures and Tiger Global led the round, including existing investors such as Bling Capital.
Bhavin Turakhia (Founder Zeta), Sreedhar Peddineni (Co-founder Gainsight), Suman Gopalan (CHRO Freshworks), and Ankur Warikoo were among the new investors in this round.
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 total funding has raised $16 million since its inception. As a result, it plans to triple its product range, quadruple revenue, double its team and accelerate growth in Southeast Asia, India, and the United States in the next few years.
inFeedo, headquartered in the United States, was founded in 2016 by Tanmaya Jain and Varun Puri as an all-in-one employee experience platform with people analytics that helps forecast attrition, burnout, and disengagement in top talent. Amber, their proprietary A.I. bot, serves as the CEO’s Chief Listening Officer, having intelligent discussions with employees in real-time to uncover hidden gaps in their culture, managers, and wellbeing.
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 A.I. 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.”