Engineering Analytics Startup Hatica Bags Funding From Sequoia’s Surge, Others

Engineering analytics startup Hatica raised a funding of $3.7 Mn in a seed round led by Sequoia India and Southeast Asia’s Surge.

The round also saw participation from existing investor Kae Capital, and Akshay Kothari (Notion), Apurva Dalal (Twitter), Punit Soni (Google) and Pratyus Patnaik (Okta), among others.

The startup will use the fresh funds for hiring and expansion.

Founded in 2020 by former Uber executives Naomi Chopra and Haritabh Singh, Hatica offers an analytics platform that helps developers boost their productivity.

Hatica equips engineering teams with software development analytics, alongside team productivity and workflow insights, to help them drive engineering excellence, alignment
and well-being. It connects all the workplace tools to provide actionable insights.

“We’ve captured a very small section of the market right now. So, there is an opportunity to grow horizontally and vertically, which is to add more features so that we can upsell our customers to higher plans,” Chopra told TechCrunch.

Last year, Hatica raised $900,000 in a pre-seed funding round led by Kae Capital. The round also saw participation from Titan Capital, iSeed Ventures, and angel investor GBS Bindra (CEO of Charmboard).

Hatica was among the early stage startups selected for the seventh cohort of Surge, Sequoia India & Southeast Asia’s scale-up program.

Surge announced the launch of its seventh cohort, comprising 37 founders across 15 early-stage startups operating the SaaS, fintech, agritech and consumer sectors, amongst others, in August last year.

Surge is focused on early-stage startups in India and Southeast Asia. It provides up to $3 million of seed capital along with company-building workshops and mentor-based support to the companies.

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