Image default

SaaS Firm Hatica Raises Funding From Sequoia’s Surge, Others

Hatica, a software-as-a-service (SaaS) startup, has raised seed funding of $3.7 million (Rs 30.56 crore) led by Sequoia Capital India’s accelerator programme Surge. 

Existing investor Kae Capital, with Akshay Kothari (Notion), Apurva Dalal (Twitter), Punit Soni (Google) and Pratyus Patnaik (Okta), among others, also participated in the funding round.

As per the startup, the freshly raised funds will be used for geographical expansion and hiring.  

Hatica | Analytics Platform

Founded by former Uber executives Naomi Chopra and Haritabh Singh in 2020, Hatica is an analytics platform that enables engineering leaders to improve team productivity, effectiveness, and well-being.

It connects with workplace tools to provide actionable insights into team activity, efforts, and outcomes.  

Speaking about the development, Naomi Chopra, Co-founder of Hatica, said,

“We aim to build Hatica as the daily landing app for every engineering leader to get to the heart of what they can do to help their engineers do their best work.” 

Haritabh Singh and Naomi Chopra, Co-founders of Hatica

It equips engineering leaders, managers and software developers with software development dashboards alongside team productivity and workflow insights, helping them drive team effectiveness, alignment and well-being. The San Francisco and Gurugram-based SaaS platform claims to assist over 20,000 engineering developers to scale up their experience and productivity. 

In January 2022, Hatica raised $900,000 (around Rs 6 crore) in a pre-seed funding round led by Kae Capital, with participation from Titan Capital, iSeed Ventures, and angel investor GBS Bindra (CEO of Charmboard).

An initiative by Sequoia India, Surge provides founders with access to capital, community, company-building support and cross-border experience they need to launch or accelerate their company. The initiative is focused on early-stage startups in India and Southeast Asia and provides up to $3 million of seed capital along with company-building workshops and mentor-based support to the companies.  

Last month, it participated in the $11 million Series A funding round of logistics startup Locad and the $16 million Series A funding round of the business-to-business (B2B) wholesale platform Apnaklub.

Follow us and connect with us on Instagram, FacebookTwitter, and LinkedIn.

Note: If you are a budding entrepreneur and require assistance to register a Pvt Ltd Companyregister a company, create financial projections, business development, LLP Registration, compliance filing, funding formalities, CFO Services, or other startup related legal servicescontact us.

Source link

Related posts

How To Navigate A Down Market

Sarah Villa

Information VP, National Bank invest in US FinTech FX HedgePool’s $8 million Series A round

Sarah Villa

Fintech Startup SaveIN Raises $1 Million In Funding

Sarah Villa

Tirupati Forge secures approval for supply of forgings, scrip trading at a discount of 57% from 52-week-high

Sarah Villa

TechCrunch wants to meet your startup at CES 2023

Sarah Villa

Transport community startup Vahak acquires truck booking app Instalogist

Sarah Villa

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More