HRtech Atomicwork raised $11 M Seed funding from Blume Ventures, Matrix Partners
Atomicwork, a startup in the HRtech sector, has raised $11 million in a seed funding round, which was co-led by Blume Ventures and Matrix Partners India and included participation from Storm Ventures, Neon Fund, and a number of well-known angel investors from Silicon Valley and India.
The startup, which has offices in San Francisco and Bengaluru, will use the funds to fund product development, engineering, and marketing initiatives in the upcoming months. Chennai and Singapore are also home to offices for the startup.
Atomicwork is a provider of software that automates workflows within the information and technology (IT), human resources (HR), finance, and other business functions. Atomicwork was founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar. By gathering tribal knowledge from across the organization, which is kept in documents, wikis, information systems, email threads, and chat conversations, it enables businesses to offer immediate assistance to their employees.
Before starting Nutanix, Rayapati founded Minjar, a publicly traded cloud infrastructure company based in the US that raised $2 million before buying it out for about $50 million. Blume contributed to the initial funding round for Minjar. The founding group of SaaS unicorn Freshworks included Darisi and Vijayasankar.
Mid-market businesses with staff sizes between 500 and 2,000 are Atomicwork’s target clients.