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Jungle Ventures, Tiger Global Invest $12M In Employee Experience Platform, inFeedo

This brings the total capital raised since inception to $16M. In less than 18 months, the company has tripled its valuation and scheduled its second ESOP buyback for all employees as an opportunity for wealth generation, amongst other benefits

inFeedo, Asia’s leading employee experience platform, has announced $12M in Series A funding led by Jungle Ventures, with participation from Tiger Global and existing investors like Bling Capital. Other investors to join the round include top CHROs and founders like Bhavin Turakhia (Founder Zeta), Sreedhar Peddineni (Co-founder Gainsight), Suman Gopalan (CHRO Freshworks) and Ankur Warikoo. This brings the total capital raised since inception to $16M. In less than 18 months, the company has tripled its valuation and scheduled its second ESOP buyback for all employees as an opportunity for wealth generation, amongst other benefits.

Founded in 2016 by Tanmaya Jain and Varun Puri, inFeedo, headquartered in the US, is an all-in-one employee experience platform with people analytics that help predict attrition, burnout & disengagement in top talent. Their proprietary A.I. bot called Amber acts as a Chief Listening Officer to the CEO, has intelligent conversations with employees to find hidden gaps in their culture, managers and wellbeing in real-time.

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 AI 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. ”

Charged with fresh funds, inFeedo aims to triple their product line, quadruple revenue, double their team and accelerate growth in Southeast Asia, India and the US, in the next couple of years. To accomplish this, the startup is currently hiring for over 140 remote roles across all functions, especially marketing, product, engineering and sales in these regions.

Earlier in 2020, inFeedo had raised from Y Combinator, Girish Mathrubootham (CEO Freshworks), Peyush Bansal (CEO Lenskart) and Ritesh Malik (Founder innov8).



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