B2B SaaS startup Atomicwork has successfully raised $25 million in its Series A funding round, led by Silicon Valley-based Khosla Ventures and Z47 (formerly Matrix Partners India). This round also saw participation from notable investors such as Battery Ventures, Blume Ventures, and Peak XV Partners.
This new funding builds upon the $11 million raised in its seed round in September 2023, which was led by Blume Ventures and Matrix Partners India. Additionally, the company secured an extra $3 million in funding from Abhinav Dhar, the former CIO of TransUnion, among other investors, last year.
The proceeds from this round will be directed towards scaling enterprise AI agents and expanding go-to-market efforts as Atomicwork looks to disrupt the way businesses manage internal workflows and services.
Founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, Atomicwork focus
“Our goal is to revolutionize agentic service management and transform how companies manage their IT workflows and enterprise services,” said Vijay Rayapati, CEO of Atomicwork. “This investment represents a key milestone for us, validating our vision of a future where smarter IT teams drive business growth and companies are empowered by technology, not bogged down by it.”
Rayapati’s journey in the startup world is noteworthy. Before founding Atomicwork, he co-founded Minjar, which raised $2 million in funding and was later acquired by Nutanix, a US-based cloud infrastructure company, for approximately $50 million.
With this fresh funding and a focus on AI-powered automation, Atomicwork is poised to streamline enterprise operations and enhance the productivity of business teams across industries.
