Simpplr, a Redwood City, CA-based provider of an AI-powered employee experience platform, raised $70M in Series D funding.
The round, which brought the total amount to $131M, was led by Sapphire Ventures with participation from existing investor Norwest Venture Partners, Tola Capital and Salesforce Ventures. As part of the transaction, Jai Das, President and Partner at Sapphire Ventures, will join Simpplr’s Board of Directors.
The company intends to use the funds to invest in growth and innovation of the employee experience (EX) platform.
Led by Dhiraj Sharma, Founder and CEO, Simpplr is a provider of an AI-powered employee experience platform. Organizations use its products to deliver personalized experiences that inspire and engage their employees. It is used by more than one million people worldwide, delivering increased engagement and measurable productivity gains for companies in NA, EMEA, and APAC.
In addition to the funding, Simpplr announced a number of new executive hires, including: Tim Lambert as Chief Revenue Officer, Bala Kasiviswanathan as Chief Product and Customer Experience Officer (formerly Chief Product Officer of Tidal | X, the moonshot factory (formerly Google X), Parag Kulkarni as Chief Technology Officer (previously, Senior Vice President of SaaS Engineering at Nutanix), Aykut Firat as Chief Data Scientist (former Chief Data Scientist at Brandwatch), and Paige Leidig as Chief Marketing Officer (former Chief Marketing Officer at NetBase Quid).
FinSMEs
04/05/2023