HR Tech Platform Darwinbox Raised US$72 Million in Series D Round

The startup tripled its valuation to become a unicorn


Wilson Twoon

26 Jan, 2022

HR Tech Platform Darwinbox Raised US$72 Million in Series D Round | BEAMSTART News

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India-based HR startup Darwinbox secured $72 million in a Series D funding which sees Darwinbox’s all-time amount raised to over US$110 million and valuing the startup at over US$1 billion.

The funding was led by Technology Crossover Ventures with participation from numerous investors such as Salesforce Ventures, Sequoia, Lightspeed, SCB 10X, JGDEV, Endiya Partners, and more.

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The Hyderabad-headquartered startup was first founded in 2015 by Rohit ChennamaneniJayant Paleti, and Chaitanya Peddi.

Chaitanya Peddi, Jayant Paleti and Rohit Chennamaneni

Key HR Products and Services of Darwinbox

  • Employee Helpdesk 
  • Rewards and Recognition 
  • Time and Attendance 
  • Employee Onboarding 
  • Performance Management 
  • Recruitment 
  • People Analytics 
  • Employee Engagement

Community Q&A

Goals of Darwinbox with the Newly Acquired Funds

  1. Helping customers enrich employee experience
    Promoting visibility into employee contact with rich data around employee sentiment 
  2. Data democratization and leader empowerment 
    By enabling access to the right data and permissions across different levels of organizational hierarchy by enhancing their visual analytics layer 
  3. Drive customer success 
    Include design-thinking workshops and investing in Experience Labs to help customers visualize the impact of their services through simulations

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