Employee experience (EX) platform Simpplr has raised $70 million in a Series D funding round. This latest round brings Simpplr’s total funding to over $131 million to date, which will be invested in future growth and innovation of the leading employee experience platform.
Connecting employees everywhere
Simpplr is a leading AI-powered employee experience platform that connects and supports employees everywhere. The company’s continued rapid growth comes as companies recognise the complexity of today’s work-life requires a radically different way to connect, engage and support every employee. Employee experience has proven to be a crucial driver of successful businesses. Simpplr is used by more than one million people worldwide, delivering increased engagement and measurable productivity gains for companies in NA, EMEA, and APAC.
‘A watershed moment’
According to Dhiraj Sharma, Founder & CEO of Simpplr, this latest funding round marks a watershed moment for companies everywhere on the importance of employee experience powered by AI and its impact on business performance. “From measuring employee engagement in real-time to enabling effective communication and building community and connection, Simpplr’s customers continue to realise how important EX is to retention, productivity, and talent acquisition.”
“Simpplr is built for business owners, so they can own it — with limited to no dependency on IT”, Sharma told TechCrunch in an interview. “Simpplr delivers an engaging and a reliable source of truth by enabling effective communication, collaboration, connection and productivity including delivering seamless access to content, resources and tools for every employee at a company.”
Driving better engagement
Jai Das, President and Partner at Sapphire Ventures, said that a key pillar of a positive employee experience is engagement. “Simpplr makes it easy for employees to feel connected to one another and their employers, creating belonging and ultimately, driving performance”, said Das. “As companies prioritise employee needs, Simpplr’s mission to transform the work experience for each and every employee through better engagement, regardless of location, is essential for any company focused on business growth.”
“Simpplr’s platform helps companies retain and attract talent with real-time people insights and personalised experiences.”
“Simpplr continues to grow rapidly and ensures their customers are successful across more than 30 industries and around the globe,” said Promod Haque, Managing Partner at Norwest Venture Partners and Simpplr board member. “As companies become increasingly focused on digital employee experiences, Simpplr’s platform helps companies retain and attract talent with real-time people insights and personalised experiences.”