B2B SaaS startup Atomicwork has successfully closed its seed funding round at $14 million after raising an additional $3 million. This latest investment comes from key industry figures, including Abhinav Dhar (ex-CIO of TransUnion), Prasad Ramakrishnan (technology leader and CIO), Avanish Sahai (former ecosystem leader at Salesforce, ServiceNow, and Google Cloud), and Rich Waldron (CEO of Tray).
Existing investors Storm Ventures, Z47 (formerly Matrix Partners), Blume Ventures, and Neon Fund also participated in this second tranche of the round. Previously, in September of last year, Atomicwork secured $11 million in funding led by Blume Ventures and Matrix Partners India.
With these funds, the company plans to expand its go-to-market (GTM) team in the United States over the next three years and further develop its enterprise AI agent technology. The startup, founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, provides software that automates workflows in various business functions, including IT, HR, and finance.
Atomicwork’s platform helps organizations streamline employee support by tapping into collective knowledge stored in documents, wikis, information systems, emails, and chat threads.
Before Atomicwork, Rayapati founded Minjar, a cloud optimization startup acquired by US-based Nutanix for around $50 million. Darisi and Vijayasankar were part of the founding team of Freshworks, a SaaS unicorn.
With this funding, Atomicwork is set to strengthen its position in the growing enterprise AI space.
