US and Delhi-based artificial intelligence (AI)-powered employee experience platform Leena AI has raised $8 million Series A financing led by Greycroft to expand its go-to-market programmes and accelerate product development. The round also included a personal investment from Adam Miller, Founder of Cornerstone OnDemand, Alan Patricof, Chairman of Greycroft, and Jim Moffatt, ex-Chairman/CEO of Deloitte Consulting. In conjunction with the funding, Mark Terbeek, Partner at Greycroft, will be joining Leena AI’s board.
Leena AI was founded in 2018. The company plays well with 20 plus platforms, including SAP SuccessFactors, ADP, Oracle, Workday, and Microsoft Office 365, and companies like Nestle, Puma, AirAsia, Coca-cola, Lafarge Holcim, and Abbott rely on the platform. Leena AI has grown the team to 75 people and brought on more than 100 enterprise customers, including Lafarge Holcim, Abbott, Coca-Cola, AirAsia, Vodafone, Sony Pictures, etc. During this time, Leena AI claims to have added more than 150,000 employees to its platform and grew revenue 350 percent.
Adit Jain, Co-founder and CEO, Leena AI said, “This investment will fuel our mission to elevate employee experience through AI-powered conversations and insights and become the Siri for enterprise employees.”
Mark Terbeek, Partner at Greycroft said, “Leena AI has created a scalable AI platform that solves critical requests for all employees and provides them with a single access point for all of their critical HR needs.”
The funding will allow the autonomous conversational AI platform to continue its momentum by helping the world’s top enterprises to modernise their legacy internal helpdesk systems to better their employee experience.