Total amount raised
$52.4 Million
Latest funding date
08/01/2023
Location
Disprz has successfully raised funds through 9 rounds, with notable investors including Lumos Capital Group, Kae Capital, and 360 ONE Asset. The platform offers a comprehensive suite of AI-driven learning and skilling tools designed to enhance workforce productivity and business performance.
Keep reading to explore the intricacies of Disprz's fundraising journey and the investors backing this innovative platform.
What Is Disprz?
Disprz, a "knowledge-tech" start-up, is dedicated to enhancing knowledge, productivity, and intelligence in professional settings. The company operates in various industries, including Analytics, AI, B2B, Content, Corporate Training, E-Learning, Enterprise Software, and Software. Based in Chennai, Tamil Nadu, India, Disprz has an employee count between 251-500.
The platform offers a comprehensive suite of AI-driven tools for learning, upskilling, and workforce mobility. It provides personalized learning experiences, facilitates employee onboarding, and supports talent development. Disprz is trusted by top companies and has received positive testimonials for its user-friendly and feature-rich solutions.
How Much Funding Has Disprz Raised?
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: January 2017
- Lead Investors: Kae Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and develop its initial product offerings.
- Series A
- Amount Raised: USD 2,500,000
- Date: May 2018
- Lead Investors: Infrastructure Leasing & Financial Services Limited
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's capabilities and increase market reach.
- Debt Financing
- Amount Raised: USD 400,000
- Date: October 2018
- Lead Investors: InnoVen Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational expenses and short-term financial needs.
- Series B
- Amount Raised: USD 1,600,000
- Date: October 2020
- Lead Investors: Auctus Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the business and enhance product features.
- Debt Financing
- Amount Raised: USD 5,000,000
- Date: October 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing business operations and growth initiatives.
- Series B
- Amount Raised: INR 960,000,000 (approx. USD 13,000,000)
- Date: November 2021
- Lead Investors: Dallas Venture Capital, Mars Growth Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and expand market reach.
- Convertible Note
- Amount Raised: Not publicly disclosed
- Date: January 2023
- Lead Investors: Silverneedle Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand into the US and UK markets, focusing on hiring and marketing.
- Series C
- Amount Raised: USD 30,000,000
- Date: August 2023
- Lead Investors: 360 ONE Asset, Lumos Capital Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale the platform and enhance its technological capabilities.
Total Amount Raised: USD 52,500,000. Current Valuation: Not publicly disclosed.
Key Investors
- 360 ONE Asset
- Details: A financial services company providing asset management and investment advisory services. They participated in the Series C funding round for Disprz.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Multiple investments across different sectors.
- Lumos Capital Group
- Details: A venture capital firm focused on investing in education and human capital development. They were a lead investor in the Series C funding round for Disprz.
- Investment Focus Areas: Education technology, workforce development, human capital.
- Notable Investments: Various companies in the education and workforce development sectors.
- Silverneedle Ventures
- Details: An early-stage technology fund, previously known as Xseed Partners. They have been an early backer of Disprz since 2016 and participated in the recent bridge round between Series B and Series C.
- Investment Focus Areas: Technology startups, AI, cloud, mobile technologies.
- Notable Investments: Disprz.
- Dallas Venture Capital
- Details: A venture capital firm investing in early and growth-stage technology companies. They participated in the Series B funding round for Disprz in 2021.
- Investment Focus Areas: Enterprise software, cloud, AI.
- Notable Investments: Disprz.
- Mars Growth Capital
- Details: A growth capital firm providing funding to technology companies. They participated in the Series B funding round for Disprz in 2021.
- Investment Focus Areas: Growth-stage technology companies.
- Notable Investments: Disprz.
What's Next for Disprz?
Disprz is poised for significant growth as it expands into the US and UK markets, leveraging its AI-powered learning platform to meet the increasing demand for upskilling. The company plans to enhance its presence in these developed markets by focusing on hiring and marketing efforts, capitalizing on the growing importance of digital learning solutions.
Future fundraising opportunities appear promising, with a potential Series C round on the horizon to support these expansion efforts. However, Disprz may face challenges such as adapting to different levels of digital readiness and competing with established players in the enterprise skilling industry. Despite these hurdles, the company's strategic focus on emerging and developed markets positions it well for continued success.
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