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Erudit Raises $10M Series A To Help Companies Ditch Surveys And Embrace Ai To Transform The Employee Experience

Sep 26, 2023•almost 2 years ago

Amount Raised

$10 Million

Round Type

series a

MiamiEmployee BenefitsHuman Resources

Investors

Fondo Bolsa SocialTrue Blue PartnersIgnia PartnersAthos CapitalConexo Ventures

Description

Erudit, a global AI company that helps leaders improve culture and productivity, announces its $10M Series A round led by Conexo Ventures, Athos Capital, Ignia Partners, True Blue Partners and Fondo Bolsa Social. The funds will fuel Erudit’s workforce intelligence technology development and revenue’s growth. Erudit’s software-as-a-service uses AI to get action on over 100 workforce’s indicators, such as burnout risk, engagement, turnover risk, autonomy, peer relationships, professional growth, and purpose, without having to survey.

Company Information

Company

Erudit

Location

Miami, Florida, United States

About

AI for HR. Erudit empowers people leaders to track, measure, and manage culture impact with 40+ employee experience metrics. Our people-first AI is built by psychologists and data scientists. Follow for insights on the future of HR, employee engagement, reducing turnover, DEI, and more.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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