Knoetic Raises $18M in Series A Funding

Knoetic, a NYC-based platform for Chief People Officers that combines a social network and a SaaS analytics tool, raised $18M in Series A funding.

The round was led by Accel with participation from New York Times bestselling author Adam Grant, as well as Karan Mehandru (STEADFAST, and formerly Trinity Ventures), Dan Bomze (Founder/CEO of MileIQ), Sterling Road (Ash Rust), Bob Tinker (angel investor & Metamorph Partners), Jake Stein (Cofounder/CEO of Common Paper), Bob Moore (Cofounder/CEO of Crossbeam), Contrary Capital (Eric Tarczynski), Pear Ventures (Mar Hershenson & Pejman Nozad), and 100 other executives, thinkers, and founders.

The new capital will accelerate new product innovation and the expansion of the team. 

Led by Joseph Quan, Founder & CEO, Knoetic embeds a social network of 1,000+ Chief People Officers, CPOHQ, directly into its¬†people analytics software to provide an “Insight Engine” that gives CPOs both quantitative¬†and¬†qualitative insights to make holistic decisions about their workforce.¬†Chief People Officers use Knoetic to build their board decks, present data to their CEOs, solve challenges with peers, and improve their employee retention, compensation, and hiring.¬†

The startup’s customer + community base includes many of the world’s top technology companies, including Lyft, Squarespace, Amplitude, Snyk, Dollar Shave Club, and Zapier.¬†