SaaS based B2B platform Atomicwork scoops up $3 million more in a seed Funding round
The B2B SaaS based startup Atomicwork, which is known for modern service management has recently declared of securing an additional $3 million in a seed funding round.
This newly bagged fund helped the company to secure a total of $14 million funding. The latest funding round was supported by more than 40 veteran industry leaders including chief information officers (CIOs), chief technology officers (CTOs), and other industry experts.
The noteworthy investors were Rich Waldron, CEO of Tray.ai, Avanish Sahai, former ecosystem leader at Salesforce, ServiceNow, and Google Cloud; and Abhinav Dhar, former CIO of TransUnion.
These new investors joined the already existing investors who are Storm Ventures, Blume Ventures, Z47 Partners (formerly Matrix Partners), and Neon Fund, demonstrating strong confidence in Atomicwork’s vision and future potential.
Atomicwork is planning to utilize these new proceeds to expand its enterprise AI agent technology and grow its go-to-market (GTM) team in the United States over the next three years. The platform is using AI to manage the workflow seamlessly across IT, human resources, finance, and other business functions.
It has combined its solutions with popular collaboration tools like Slack and Microsoft Teams, enabling organizations to streamline operational tasks and enhance employee experience.
The co-founder and CEO of Atomicwork, Vijay Rayapati told, "We are very excited to receive the support of such an esteemed group of CIOs, CTOs, and CXOs. This strategic round not only brings us the additional financial resources to support our next three years of growth but also invaluable expertise from some of the brightest minds in enterprise IT and business technology."
Founded in 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, Atomicwork has quickly assembled a strong leadership team in the U.S., appointing Lenin Gali as Chief Business Officer and Vandana Rao as Head of Customer Growth.
The startup has established strategic partnerships, including one with Microsoft, to enhance its service management capabilities. Additionally, it has collaborated with AI firm Cohere to bolster its AI technology, focusing on developing solutions tailored to the needs of modern enterprises.
This newly bagged fund helped the company to secure a total of $14 million funding. The latest funding round was supported by more than 40 veteran industry leaders including chief information officers (CIOs), chief technology officers (CTOs), and other industry experts.
The noteworthy investors were Rich Waldron, CEO of Tray.ai, Avanish Sahai, former ecosystem leader at Salesforce, ServiceNow, and Google Cloud; and Abhinav Dhar, former CIO of TransUnion.
These new investors joined the already existing investors who are Storm Ventures, Blume Ventures, Z47 Partners (formerly Matrix Partners), and Neon Fund, demonstrating strong confidence in Atomicwork’s vision and future potential.
Atomicwork is planning to utilize these new proceeds to expand its enterprise AI agent technology and grow its go-to-market (GTM) team in the United States over the next three years. The platform is using AI to manage the workflow seamlessly across IT, human resources, finance, and other business functions.
It has combined its solutions with popular collaboration tools like Slack and Microsoft Teams, enabling organizations to streamline operational tasks and enhance employee experience.
The co-founder and CEO of Atomicwork, Vijay Rayapati told, "We are very excited to receive the support of such an esteemed group of CIOs, CTOs, and CXOs. This strategic round not only brings us the additional financial resources to support our next three years of growth but also invaluable expertise from some of the brightest minds in enterprise IT and business technology."
Founded in 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, Atomicwork has quickly assembled a strong leadership team in the U.S., appointing Lenin Gali as Chief Business Officer and Vandana Rao as Head of Customer Growth.
The startup has established strategic partnerships, including one with Microsoft, to enhance its service management capabilities. Additionally, it has collaborated with AI firm Cohere to bolster its AI technology, focusing on developing solutions tailored to the needs of modern enterprises.
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