We360.ai, a workforce analytics software, has successfully secured funding of Rs 6.5 crore in the Pre-Series A round. The round was led by Real Time Angel Fund along with participation from the majority of their existing investors including ah! Ventures Angel Platform, SucSEED indovation fund, GSF accelerator and Hem Angels.
The company will utilise the newly generated funds to fuel its expansion goals. Additionally, it is aiming to leverage the funding to incorporate advanced technologies such as generative AI, into its solutions, further enhancing its product.
Founded by Arnav Gupta, Swapnil Tripathi, Sandeep Panda and Siddharth Gupta, We360.ai is a cloud-based workforce analytics software that enables managers, HRs and business owners to get real-time analytics of their workforce. It solves modern-day workplace problems like improving productivity, enabling distributed teams to work efficiently and sharing insights into employee's working trends. The company is sector agnostic and caters to large customers like Patanjali Research while also catering to SMBs
"Over the last 2 years, we’ve tirelessly worked toward making We360.ai a technology and product focussed company that is people-first. If there is one thing the We360.ai team has committed to do since 2020, it is to always work in the best interest of our customers. This fundraising will allow us to expand internationally and also leverage Ai into our platform which will allow us to execute our vision of helping 1M+ companies globally." said We360.ai Co-Founder, Arnav Gupta.
Harsh Deodhar, Deal Lead - We360.ai and Head VP Program - ah! Ventures said, "A lot of businesses were adversity driven in the pandemic, Workforce analytics software was widely seen as only managing the temporary solution for work from the home workforce. It is commendable to see how the We360 team pivoted and executed its business model during Post pandemic. Business speaks for itself- over 50,000 employees, 19 Countries & 50+ customers, and numbers keep ticking faster month on month. It is commendable to see how the founders have successfully built a team in Bhopal, a non-metro city, validating the Bharat growth story."