SaaS Startup ‘inFeedo’ Raises $3.2 Million Led By Bling Capital
inFeedo, a SaaS-based analytics startup, has raised $3.2 million in an oversubscribed round after Y Combinator’s Demo Day that took place in August this year.
The funding round was led by Bling Capital and its founder Benjamin Ling.
Benjamin Ling, previously a general partner at Khosla Ventures and had executive roles at Google and Facebook, has assumed a board seat at InFeedo.
The funding round also saw participation from Simon Yoo (former MD at CitiBank APAC), Munish Varma (MD – EMEA at SoftBank), Girish Mathrubootham (Founder at Freshworks), Maninder Gulati (Chief Strategy Officer at OYO), and others.
As per the startup, it plans to invest in talent to unlock its next phase of growth.
Founded by Tanmaya Jain in 2013, inFeedo has helped more than 300,000 employees in companies like GE, MakeMyTrip, Dunkin & Dominos feel valued by launching A.I. in HR. inFeedo enables companies to reduce attrition, engage employees, and diagnose culture using Predictive People Analytics.
Talking about the funding, Tanmaya Jain, CEO and Founder of inFeedo, said,
“With this fundraise, we will reinforce our belief to invest in incredible individuals driven by curiosity to unlock our next phase of growth. Most importantly, I’m extremely grateful to see the kind of wealth we’ve been able to create during a pandemic for our employees and investors, who stuck with us through thick and thin.”
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