Total amount raised
$15.4 Millions
Latest funding date
11/01/2022
Location
Prismforce offers an AI-powered talent supply chain software suite designed for tech services, featuring products like SkillPrism, IntelliPrism, and CareerPrism. The platform aims to accelerate profitable growth and improve employee engagement through efficient project staffing and dynamic talent snapshots.
Keep reading to explore the intricacies of Prismforce's fundraising journey and the investors backing this innovative platform.
What Is Prismforce?
Prismforce, founded by Somnath Chatterjee and Mohd Qasim, specializes in AI-powered talent supply chain software for tech services. The company is based in Pune and serves over 20 top-tier IT services/tech clients, with more than 600,000 users on its platform.
Prismforce's product suite includes tools like SkillPrism, IntelliPrism, and OutlookPrism, designed to enhance project staffing, skill management, and demand forecasting. The company aims to align the aspirations of stakeholders across the tech talent supply chain, offering benefits such as higher utilization, lower cost per hire, improved skilling, and reduced attrition.
How Much Funding Has Prismforce Raised?
- Seed Round
- Amount Raised: $1.8M
- Date: January 2021
- Series A
- Amount Raised: ₹1.1B
- Date: November 2022
- Lead Investors: Peak XV Partners
Prismforce has raised a total of $1.8M in funding.
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 presence in the technology and healthcare sectors.
- Investment Focus Areas: Technology, healthcare, consumer services
- Notable Investments: Flipkart, Byju's, OYO Rooms
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