fbpx

Sense funding

sense funding

Sense, a talent management startup, based in San Francisco has raised Series C funding of $16 million led by Avataar Ventures. Existing investors Accel Partners and Google Ventures had also participated in the round.  

Sense is aiming to expand its global footprint in India with the addition of new members to the executive leadership team with this round of funding. While Nishant Rao, Founder of Avataar Venture Partners, will join the board, Sanjay Dharmani (ex-InMobi) will join as Managing Director, Sense India.

CEO and Co-founder of Sense, Anil Dharni, said, “We see India as a highly strategic market for us. The tech talent in Indian is very robust and knowledgeable in SaaS solutions. This global expansion allows us to tap into that rich talent market to grow our product and engineering team as well as a dedicated marketing and customer success team. And eventually, it will serve as our regional HQ for broader Asia expansion which itself holds a $110 billion market potential.”

This startup was founded by Anil Dharni and Pankaj Jindal back in 2015, having deep expertise in staffing and software. This software an enterprise-ready solution that provides for a system of engagement for talent acquisition teams.

Speaking of joining the team, Sanjay said, “I am looking forward to joining a startup in a growth domain where I can impact the overall success of the company significantly. I got connected to Pankaj Jindal (Co-founder of Sense) through a common friend. We met a couple of times and I got excited about the HR tech domain as this serves a very important purpose and directly impacts people’s lives.”

Sanjay while speaking about their company, said that Industries like healthcare and e-commerce transformed trying to meet growing demand during the pandemic while industries like travel and hospitality were severely hit. According to the startup, they claim to have worked closely with customers, understanding their changing needs and aligned plans accordingly.

Sanjay said, “Serving as Sense’s India Managing Director, my focus is on nurturing the company’s culture and values as we grow the team across different functions in India. We will look to utilize the funds to further accelerate our expansion plans. For Sense India, our priorities are:

Grow our technology center of excellence by growing our data sciences, product, and engineering teams.

Enhance our operational excellence by expanding our business operations, marketing, inside sales, and customer success teams.

“Since COVID our revenue has doubled and so has our employee count. Our customer base also grew significantly during this period,” Sanjay added.

Sense is, in essence, an AI-driven talent engagement and communication platform for recruiting which seeks to leverage technology. It seeks to focus on aspects like –

Singular Engagement Platform: There is a growing surge in demand to hire relevant candidates in bulk for temporary and permanent assignments. This platform helps recruiters hire in the shortest possible time frame by allowing customers to engage with thousands of candidates through multiple touchpoints.

Automation first: Sense seeks to connect better with candidates and aims to build a better relationship with the talented pool of potential candidates. With this proximity between the employers and candidates, the overall efficiency of the recruitment process improves significantly.

Personalized experience: Being one of the most important aspects, Sanjay added, “Our AI and machine learning platform understands candidates better and helps recruiters provide personalized communication across the entire talent lifecycle at scale. There is a dedicated focus on the overall engagement experience as irrespective of the hiring outcome, candidates, as well as recruiters, should have a pleasant engagement experience.

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.

For publishing an advertorial article about your company on our website, drop an email at taniya@startuplanes.com

Tags

top