We360.ai secures INR 6.5cr in Pre-Series A round
The company plans to direct the cash to foster its vision of empowering 1 million companies and expand into international markets
We360.ai, a workforce analytics software, has successfully secured funding of Rs. 6.5 Cr in the Pre-Series A round. The round was led by Real Time Angel Fund along with participation from majority of their existing investors including SucSEED indovation fund , GSF accelerator, ah! Ventures , Hem Angels. This round of funding is a testament to We360.ai's potential and the confidence it has garnered within the industry. This substantial investment will play a pivotal role in the company's global expansion plans and enable the incorporation of generative Ai into their platform.
We360.ai is a cloud based Workforce analytics software which enables managers, HRs and business owners to get real time analytics of their workforce. They solve modern-day workplace problems like improving productivity, enabling distributed teams to work efficiently and share insights of employee's working trends. The company is sector agnostic and caters to large customers like Patanjali Research while also catering to SMBs. With over 5,000+ registered companies and 50k+ employees using We360.ai worldwide, its user-friendly platform comes with a free trial. We360.ai works across all the major operating systems and helps increase team productivity and collaboration.
Founders Overview: Inception and Ideation
We360.ai was founded by a talented team of four individuals: Arnav Gupta , Swapnil Tripathi , Sandeep Panda and Siddharth Gupta. Each founder brings a unique skill set and expertise to the company, contributing to its success.
Global Expansion and Technological Advancements: Future Plans and Beyond
The newly acquired funds will be instrumental in driving We360.ai's global expansion strategy. By entering new markets, the company aims to extend its reach and impact on a global scale. Additionally, We360.ai plans to leverage the funding to incorporate advanced technologies such as generative AI, into its solutions, further enhancing its product.
Funding & Investors: Investment Landscape
The pre-series funding round was led by Mr. Amit Singal of Real Time Angel Fund along with participation from majority of their existing investors including SucSEED indovation fund , GSF accelerator, ah! Ventures ,Hem Angels ,Mr Bikky Khosla, Unisync Angels ,Dinesh Agrawal (Founder & CEO IndiaMart), Dinesh Gulati(COO IndiaMart), Nitish Mittersain (MD, Nazara Technologies), Prajaya Desai, Rajesh Sawhney (Founder and CEO of GSF Accelerator), Rohit Chanana (Sarcha Advisors). They recognized We360.ai's potential and are eager to support its growth.
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 fundraise 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.
We360.ai in Numbers
- 33 Billion seconds analysed
- 5,000+ companies registered
- 50,000+ employees registered
- 19+ countries expanded
Vikrant Varshney Co-Founder & Managing Partner of SucSEED Indovation Fund, said “We360.ai has been ranking in Top 3 levels globally, in the Workforce analytics space and it has been the Top rated software on review platforms like Trustradius, GetApp with a 4.9/5 rating. We360.ai has strategic tie-ups with international clients in the US, UK, UAE & Australia''
Vikrant further added, “Since our initial investment, We360.ai has consistently impressed us with its remarkable growth, strong corporate governance, and external recognition. The Government of Madhya Pradesh has acknowledged We360.ai as one of Central India's most promising and fastest-growing startups. They were granted by Hon’ble Prime Minister Shri Narendra Modi at the MP Start-up Conclave in May 2022 and have also been featured in the Business Standard.”
Pras Hanuma, CEO & Founder, Advisor & Strategic Partner of Innovative Products, Automation of EndToEnd Processes said, “Being an early investor in We360.ai, I feel proud to see them grow leaps and bounds. They have already showcased the potential to become a global force; in the workforce productivity domain. In the world of AI, ML, and Business Intelligence; Enterprises & SMBs have started keenly observing Employee productivity. As employee expenses occupy the biggest part of P&L, companies are finding We360.ai products helping them to get the best out. I am amazed to see the way We360.ai is getting viral in the short term.”
Vishal Gondal (Founder & CEO GOQii) said “I have seen We360.ai grow as an organisation with a potential to serve millions of companies across the world. I have faith in their team and capabilities to execute and build a world class product.”
The successful pre-series funding round marks a significant milestone for We360.ai and sets the stage for its next phase of growth. This funding round not only validates We360.ai's vision but also positions them for rapid growth and innovation in the distributed team productivity landscape.
With the unwavering support of their exceptional team and the backing of renowned investors, they are confident about their ability to bring a revolutionary transformation for businesses worldwide. We360.ai is excited to embark on this next phase of the journey and looks forward to delivering unparalleled solutions in productivity enhancement and Workforce Analytics which brings value to their customers and partners.