![HRtech startup Umwelt raises $125k in seed round](https://gamicaltech.com/wp-content/uploads/2024/07/Screenshot-2024-07-22-120648.png)
HR technology platform Umwelt.AI has secured $125K in a seed funding round led by Upekkha. The company was launched by Vishal Chopra , it offers people analytics and employee experience solution that goes beyond traditional HR approaches. It helps other organizations to improve their employee net promoter score (ENPS) and employee response rates, resulting in a more engaged workforce.
The funding will be allocated towards expanding its global footprint and delivering impactful solutions to organizations across various industries, Umwelt stated in a press release.
The company had earlier raised $125,000 in a pre-seed round from its existing investor last year.
According to umwelt, it utilizes behavioral science, chatBot technology, and advanced analytics to enable CEOs and HR leaders to listen, analyze, and act on employee feedback in real-time. The platform measures indicators such as mood, engagement, and risk of attrition, allowing companies to address issues before they escalate. Through predictive analytics, it has reduced early attrition rates, leading to cost savings and improved talent retention.
They work with companies like Vero Moda, Jack & Jones, Foundit, and Allsec BPO.
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