Whatfix Closes $90 Million Series D Backed By Softbank Vision Fund 2

Jun 08, 2021•about 4 years ago

Amount Raised

$90 Million

Round Type

series d

San Jose

Description

Whatfix, a leader in Digital Adoption Solutions ("DAS"), today announced it has raised $90 million in Series D funding. SoftBank Vision Fund 2* led the round, with participation from Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital and Cisco Investments. Whatfix has now raised $139.8 million to-date and the company's valuation has increased three times in the past 15 months. The company plans to use the funding to continue growing its stronghold in the U.S

Company Information

Company

Whatfix

Location

San Jose, California, United States

About

Whatfix is a Digital Adoption Solution that disrupts Application Training, Learning, and Support content by providing Contextual, Interactive, Real-Time, and Autonomous user guidance - driving additional adoption and productivity gains. Whatfix has a proven record of increasing employee productivity by 35%, reducing training time and costs by 60%, reducing employee case tickets by 50% and increasing application data accuracy by 20%. Whatfix is based in San Jose, San Francisco, London, Melbourne, Sydney and Bangalore. For more information, please visit https://www.whatfix.com/.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech