Atomicwork Funding: Atomicwork Bags $3 Mn To Boost Workflow Automation

SUMMARY

HRtech startup Atomicwork has secured an additional $3 Mn (INR 25 Cr) in its seed funding round from more than 40 CIOs, CTOs, CXOs and a clutch of industry veterans, bringing its total funding raised till date to $14 Mn

Among the host of investors include Tray.ai cofounder and CEO Rich Waldron, former ecosystem leader at Salesforce, ServiceNow and Google Cloud Avanish Sahai and Arun Penmetsa, partner at Storm Ventures

The new funding will be deployed into investing more in AI-driven modern service management and to expand its go-to-market teams in the United States over the next three years

HRtech startup Atomicwork has secured an additional $3 Mn (INR 25 Cr) in its seed funding round from more than 40 chief investment officers (CIOs), chief technology officers (CTOs), chief experience officers (CXOs) and a clutch of industry veterans.

This brings the startup’s total funding raised till date to $14 Mn.

The company said in a statement that the new funding will be deployed into investing more in AI-driven modern service management and to expand its go-to-market teams in the United States over the next three years.

Founded in 2022 by Kiran Darisi, Parsuram Vijayasankar and Vijay Rayapati, Atomicwork leverages AI to improve employee experience while simplifying the number of tools employees interact with every day.

Atomicwork operates atop collaboration tools such as Slack and Microsoft Teams, harnessing conversational intelligence to automate support, service delivery, and operational tasks at a large scale.

The company counts Blume Ventures, Z47 Partners, Neon Fund and Storm Ventures among its investors.

“The team has built a world-class product and this is further validated by this investment round by leading global CIOs and CXOs who want to be part of the Atomic journey. We are elated to continue supporting Atomicwork as they reimagine and build the modern service management platform of the future,” said Sanjay Nath, cofounder and partner at Blume Ventures.

Investors across the globe are pumped to place their bets on companies that operate with AI advancements and offer innovative solutions to address limitations.

Only a day ago, Nurix AI, a venture floated by Myntra and Cultfit founder Mukesh Bansal, secured $27.5 Mn (around INR 230 Cr) in a seed funding round from Accel and General Catalyst, a day ago.

Meanwhile, medtech startup Qure.ai raised $65 Mn (INR 543 Cr) in a Series D funding round co-led by Lightspeed Venture Partners and 360 ONE Asset Management.

Additionally, artificial intelligence (AI)-powered legal tech startup jhana.ai bagged $1.6 Mn in its ongoing maiden funding round, led by Freshworks cofounder Girish Mathrubootham’s venture capital firm Together Fund.

The San Francisco-based company, previously, raised $11 Mn in its seed funding round and officially launched its platform after emerging from stealth mode, in September 2023.