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Employee Management Platform Leena AI raises $30M In Series B

Employee Management Platform Leena AI raises $30M In Series B

Leena AI, a platform for Enterprise Employee Management, recently announced that it has raised a $30 million Series B financing round led by new investors Bessemer Venture Partners, with participation from existing investor Greycroft. The round also included an investment from Facebook co-founder Eduardo Saverin’s B Capital Group.

This new funding brings the company’s total amount raised to $40 million. 

Started by founders Adit Jain, Mayank Goyal & Anand Prajapati, the company’s mission is to help enterprises build an employee experience that puts people first. 

“We are thrilled to partner with Leena AI, a company that is moving enterprise HR toward a more consumer-like, conversational way of delivery and meets the ever-changing needs of the modern workforce. The company’s AI-led innovation enables enterprises to deliver great employee experiences across functional areas. We look forward to seeing Leena AI’s continued impact on enterprises and the employee experience.” said Anant Vidur Puri, Partner at Bessemer Venture Partners. 

Mark Terbeek, Partner at Greycroft, said, “The Leena AI team has been able to bring HR into the modern era through automation and machine learning, enabling better employee engagement. We believe Leena AI is well-positioned to revolutionize the enterprise employees experience in the era of hybrid work”.

Since announcing their Series A financing eight months ago, Leena AI has added new Scustomers, including Bayer, Al-Jazeera, HDFC Bank, Reserve Bank of India, Houston Methodist, Odessa, and Icertis. The company has also achieved 300 per cent year-to-year revenue growth.

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The company also announced hiring for multiple roles across the technology, engineering, marketing, and sales teams.

Leena AI claims that leading Chief People Officers from some of the most recognizable enterprises globally, including Coca-Cola, Nestle, Abbott, Puma, and P&G, already resolve approximately 40 per cent of employee queries autonomously with Leena AI’s advanced machine learning, conversational-AI, and natural language understanding platform.

Leena AI’s employee solutions help streamline workflows and plug process gaps with its artificially intelligent platform that can answer repetitive employee queries automatically. To learn more about Leena AI’s services, click the link here

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