Total amount raised
$15.4 Million
Latest funding date
2022-11-29
Location
Prismforce has developed an AI-powered talent supply chain software specifically designed for tech services, offering a suite of products that enhance employee engagement, accelerate sales, and improve gross margins. The platform includes various tools like SkillPrism, IntelliPrism, OutlookPrism, InsightPrism, CareerPrism, MatchPrism, and SelectPrism, each focusing on different aspects of talent management.
Keep reading to explore the intricacies of Prismforce's fundraising journey and the investors backing this innovative platform.
What Is Prismforce?
Prismforce is a company that provides AI-powered software solutions for the tech services industry. Their product suite includes various tools designed to optimize the talent supply chain, improve project staffing efficiency, and accelerate profitable growth.
Founded by Somnath Chatterjee and Mohd Qasim, Prismforce emphasizes the use of AI and machine learning to provide real-time insights, streamline workforce planning, and enhance employee engagement. The company is expanding its presence with a new office in Pune.
How Much Funding Has Prismforce Raised?
- Seed Round
- Amount Raised: USD 1,800,000
- Date: January 2021
- Series A
- Amount Raised: USD 13,500,000
- Date: November 2022
- Lead Investors: Peak XV Partners
Prismforce has raised a total of USD 15,300,000.
Key Investors
- Peak XV Partners
- Details: Peak XV Partners is a prominent venture capital firm known for investing in early-stage and growth-stage companies. They have a strong track record of supporting innovative startups in various industries.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Flipkart, Byju's, OYO Rooms
Not publicly disclosed
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