Leena AI raises $8 million in funding led by Greycroft

The Artificial Intelligence-powered employee helpdesk platform will utilise the capital to expand its customer base.

ETtech
Illustration: Rahul Awasthi
Leena AI has raised $8 million in Series A funding, led by US venture capital firm Greycroft, along with personal investments from Adam Miller, founder of software firm Cornerstone OnDemand; Alan Patricof, chairman of Greycroft, and Jim Moffatt, former chairman and CEO of Deloitte Consulting.

The Artificial Intelligence-powered employee helpdesk platform will utilise the capital to expand its customer base, which over the last nine months has grown to over 100 enterprises, including Lafarge Holcim, Abbott, Coca-Cola, AirAsia, Vodafone and Sony Pictures.

The company said this has allowed it to grow revenue by 350% in the same period.


“Legacy internal helpdesks are simply not meeting the needs of the world’s top enterprises. They are not user friendly, are tough to deploy and lack intelligence. Leena AI Service Delivery suite changes that, bringing the consumer experience to enterprise employees,” said cofounder and CEO Adit Jain.

Leena AI’s solution helps streamline employee workflows and plugs process gaps, with its AI platform having the ability to answer repetitive employee queries automatically. It is targeting mid-market and enterprise customers with its conversational AI product aimed at HR workflows.

“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,” said Mark Terbeek, Partner at Greycroft. “In this era of accelerated remote work environments, satisfying key employee inquiries is even more critical.”
ADVERTISEMENT
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Funding › Leena AI raises $8 million in funding led by Greycroft
Text Size:AAA
Success
This article has been saved

*

+