# KPISOFT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kpisoft

- Industry: Software
- Headquarters: Houston, US
- Website: https://entomo.co/
- Total disclosed funding: $25M
- Latest round: Series B (Jun 22, 2022)
- Investors on record: 5

## About

KPISOFT Inc is a technology company focused on enhancing workforce management through an AI-powered people experience platform that optimizes employee engagement and performance.Founded in 2008 and headquartered in Houston, US, KPISOFT Inc develops a platform aimed at improving the employee lifecycle. The company has not undergone any notable pivots or changes in its business operations and has raised funding through three deals, with the latest round being Series B funding in June 2022. The founders include Anuar Rozhan, Nalin Advani, and Naveen Deshpande, with Omar AlShamsi and Prithvi Shergill currently in leadership positions. As of now, the company has a total amount raised of USD 7.00 mn, reflecting its successful funding efforts.Entomo provides a comprehensive AI-powered people experience platform designed to enhance the employee lifecycle from hiring to retirement. The platform encompasses various aspects of workforce management, including performance management, talent development, and employee wellness. Core features enable organizations to drive performance through skills assessment, personalized learning experiences, and continuous engagement strategies. Entomo serves a diverse range of clients, including leading brands in finance and healthcare, impacting over 30 million users across markets in Asia-Pacific, Europe, and North America.Entomo operates on a subscription-based revenue model, offering its products and services through tailored partnerships and direct engagement with corporate clients. Customers subscribe for a fixed term, gaining access to tools designed to improve employee engagement and performance. The pricing structure is tiered based on user numbers and features, catering to businesses of different sizes. Revenue is generated through contracts aimed at enhancing HR capabilities, and transactions are conducted on a recurring basis to provide continuous access to the evolving suite of tools, leveraging AI-driven insights for strategic people management.Following a Series B funding round in June 2022, where KPISOFT Inc raised USD 7.00 mn from investors including Eversource Retirement Plan and NTT Venture Capital, the company plans to enhance its product offerings and expand into new geographical markets. Upcoming product launches are expected to include features aimed at further optimizing employee experiences and engagement. The company targets geographic expansion into additional regions in Asia-Pacific and Europe by the end of 2023, aiming to address specific organizational needs in those markets.

## Funding rounds

- Series B, Jun 22, 2022, $7M — Eversource Retirement Plan, Zelkova Ventures, V V Pentafond Pte. Ltd., NTT Venture Capital, Raffles Global Capital
- Series B, Nov 27, 2019, $18M — Eversource Retirement Plan, Zelkova Ventures, V V Pentafond Pte. Ltd., NTT Venture Capital, Raffles Global Capital

## Investors

- Eversource Retirement Plan — Series B
- Zelkova Ventures (https://capitalatlas.ai/funds/zelkova-ventures) — Series B
- V V Pentafond Pte. Ltd. — Series B
- NTT Venture Capital (https://capitalatlas.ai/funds/ntt-venture-capital) — Series B
- Raffles Global Capital — Series B
