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Atomicwork Raises $25 Million in Series A Led by Khosla Ventures and Z47

B2B SaaS startup Atomicwork has successfully raised $25 million in its Series A funding round, with the backing of prominent investors including Khosla Ventures and Z47 (formerly Matrix Partners India). The round also saw participation from Battery Ventures, Blume Ventures, and Peak XV Partners.

Atomicwork, founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, specializes in automating workflows across multiple business functions including IT, HR, and finance. The company’s software enables businesses to streamline internal processes by tapping into the collective knowledge within their organizations, ranging from emails and wikis to chat conversations and information systems.

Funding to Boost Enterprise AI and Market Expansion

This significant funding will help Atomicwork advance its enterprise AI capabilities, especially in deploying intelligent agents designed to automate and enhance IT workflows. The capital will also be used to strengthen its go-to-market strategies and expand its customer base across industries.

Atomicwork Series A funding

Rayapati, who previously founded Minjar—a cloud infrastructure company acquired by Nutanix for around $50 million—highlighted the transformative potential of the company’s products. “We are pioneering agentic service management to transform how companies manage their IT workflows and enterprise services,” he said. “This investment is a significant milestone, validating our vision of a future where smarter IT teams drive business growth and companies are empowered by technology, not bogged down by it.”

Investors Back Vision of Smarter IT Solutions

With the involvement of high-profile investors like Khosla Ventures, Z47, and others, Atomicwork is well-positioned to accelerate its growth. These investors bring deep expertise in scaling successful startups and will likely be crucial in helping the company expand both its technology and customer reach.

In September 2023, Atomicwork had raised $11 million in its seed round, led by Blume Ventures and Matrix Partners India. This latest funding is a clear indication of the confidence investors have in the company’s future potential, particularly in the rapidly growing enterprise AI market.

Strategic Focus on IT, HR, and Finance

Atomicwork’s platform stands out by integrating AI-driven workflows to handle a variety of tasks across different sectors of a business. For example, it helps HR teams by automating routine tasks and provides IT teams with streamlined solutions for managing their infrastructure. The company’s system gathers and organizes knowledge across multiple touchpoints, making it easy for employees to find solutions to their problems without having to manually sift through multiple platforms.

As businesses continue to adopt AI and automation in their operations, Atomicwork’s solution is proving to be a valuable tool for improving efficiency and reducing manual workload, which will likely attract further adoption among large enterprises.

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