Darwinbox
End-to-end HR management platform leveraging AI and ML technologies
2015
Founded
$1B+
Valuation
$72M
Total Funding
HRTech
Sector
About Darwinbox
Darwinbox is a leading HR tech platform serving 700+ global enterprises with 2 million+ users. The company achieved unicorn status with a valuation of over $1 billion in January 2022 after raising $72 million in Series D funding led by Technology Crossover Ventures (TCV). The platform offers end-to-end HR management solutions leveraging AI and ML technologies, including voice-first bot, optical character recognition, facial recognition, and predictive analytics. Darwinbox has expanded beyond Asia to the US, Middle East, and other international markets. The company has been rated amongst the 'Top 50 Customer Service' and 'Top 100 Fastest Growing Products Globally' by G2, demonstrating its strong market position and customer satisfaction.
Company Information
Key Facts & Metrics
Tech Category: HR Management Platform
Focus: End-to-end HR solutions for enterprises
Funding: $72 million in Series D funding (January 2022)
Previous Funding: $15 million in Series C (2021)
Total Funding: Approximately $110 million over 4 rounds
Current Valuation: Over $1 billion (Unicorn status)
Revenue: Estimated $25-50 million annually
Growth Trajectory: Founded in 2015, unicorn status in 2022
Customer Base: 700+ global enterprises with 2 million+ users
Team Size: 700+ employees
Product Suite: AI-enabled HR management platform
Success Story: Expanded from Asia to US and Middle East
Market Position: Leading HR tech platform in Asia
Significance: One of Telangana's first HR tech unicorns
Key Milestones
Company Founded
Darwinbox was founded in Hyderabad by Chaitanya Peddi, Jayant Paleti, and Rohit Chennamaneni.
Series B Funding
Raised $15 million in Series B funding led by Sequoia Capital India.
Series C Funding
Secured $15 million in Series C funding led by Salesforce Ventures.
Unicorn Status
Achieved unicorn status with a valuation of over $1 billion after raising $72 million in Series D funding led by Technology Crossover Ventures (TCV).
Expanded to US Market
Expanded operations to the US market, targeting global enterprises.
AI-Powered HR Assistant Launch
Launched an AI-powered HR assistant that leverages machine learning to streamline HR processes and enhance employee experience.