$70m Funding for Employee Experience Firm Simpplr

In the US, AI-based employee experience (EX) platform Simpplr has raised $70m in a Series D round of funding, which will be invested in company growth and platform expansion.

Silicon Valley-based Simpplr, which also has offices in the UK, Canada and India, helps clients deliver real-time insights and personalized experiences that engage employees, and retain and attract talent. New funding was led by Sapphire Ventures, with participation from existing investor Norwest Venture Partners and from Tola Capital and Salesforce Ventures. The latest round brings the total raised to date to more than $131m.

Dhiraj Sharma (pictured), founder & CEO of Simpplr, comments: 'This is 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 realize how important EX is to retention, productivity, and talent acquisition'.

Web site: www.simpplr.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.