Fundz

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

PRIVATESep 26, 2023

Amount Raised

$10 Million

Round Type

Series A

Human ResourcesEmployee Benefits

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.

Quick answer

Erudit raised $10 Million in a Series A round, dated September 26, 2023. Investors: Fondo Bolsa Social, True Blue Partners, Ignia Partners, Athos Capital and Conexo Ventures.

How much did Erudit raise?
Erudit raised $10 Million in a Series A round on September 26, 2023.
Who invested in Erudit?
Fondo Bolsa Social, True Blue Partners, Ignia Partners, Athos Capital and Conexo Ventures are named as investors in this round.
What does Erudit do?
AI for HR. Erudit empowers people leaders to track, measure, and manage culture impact with 40+ employee experience metrics.
Who are the decision-makers at Erudit?
Fundz holds 1 contact at Erudit. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Human Resources and Employee Benefits around the same time

Companies in the same sectors as Erudit that raised within 45 days of this round, from Fundz verified event records.

  • Kota raised $5.4M (Funding Round) on October 25, 2023.
  • S&S Health raised an undisclosed amount on October 5, 2023.
  • Teamshares raised $245M (Funding Round) on August 18, 2023.
  • The Selection Lab raised $1.3M (Seed) on October 11, 2023.
  • Workfully raised $1.3M (Seed) on October 11, 2023.
  • Workfully raised $1.3M (Seed) on October 11, 2023.

Who to call at Erudit, and when

A new round usually means Erudit is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Erudit raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Erudit, from your own LinkedIn network

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Company Information

Company

Erudit

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.

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Fundz sees it the moment Erudit raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Erudit raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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