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INDUSTRY FIRST

WhatFix raised $125M in a Series E round led by Warburg Pincus to enhance its in-app user guides platform.

Sep 25, 2024•11 months ago

Amount Raised

$125 Million

Round Type

series e

San Jose

Investors

Soft Bank's Vision Fund 2Warburg Pincus

Description

WhatFix has successfully secured $125 million in a Series E funding round, significantly increasing its valuation to around $900 million. The round was led by Warburg Pincus, with participation from SoftBank's Vision Fund 2.

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/.

FundzWatch™ Score

Medium Activity

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

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