SUMMARY
Atomicwork has officially launched its platform after emerging from stealth mode
The funding round was led by Blume Ventures and Matrix Partners with participation from Storm Ventures, Neon Fund, and prominent angel investors
Founded in September 2022 by Vijay Rayapati, Kiran Darisi and Parsuram Vijayasankar, Atomicwork leverages AI to improve employee experience
HRtech startup Atomicwork has raised $11 Mn in its seed funding round and officially launched its platform after emerging from stealth mode.
The funding round was led by Blume Ventures and Matrix Partners and also saw participation from Storm Ventures, Neon Fund, and prominent angel investors, the startup said in a statement.
“Employees are still far away from being considered internal customers by service teams because of arbitrary boundaries between the back office and the rest of the company. They implement too many point solutions and complex processes, leading to productivity loss and unnecessary friction. Our goal with Atomicwork is to help companies offer a great experience with good efficiency,” Vijay Rayapati, CEO and cofounder of Atomicwork, said.
Founded in September 2022 by Rayapati, Kiran Darisi and Parsuram Vijayasankar, 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.
Atomicwork’s AI assistant Atom learns from company processes and accumulated tribal knowledge to assist employees in handling their inquiries and requests, all without the need for human intervention, the startup said.
The funding announcement comes at a time when funding winter in India continues to distress Indian startups as funding plunged to $5.4 Bn in H1 2023 compared to $19 Bn in the corresponding period of last year, as per Inc42’s report.
Atomicwork is Rayapati’s second venture after Minjar, which was acquired by Nutanix Inc in 2018.
