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SaaS startup Whatfix rolls out $58-M liquidity event for employees and investors
Bengaluru-based SaaS startup Whatfix has announced its fourth liquidity programme worth USD 58 million. The company offered an ESOP (employee stock ownership programme) buyback for employees and a secondary sale for investors at a premium over the previous Series D round valuation. Eligible current and former employees have been given the opportunity to sell a portion of their vested shares.
Between Apr 2015 and Sep 2024, Whatfix had raised over USD 264.87 M from Warburg Pincus, Helion Ventures, Powerhouse Ventures, Stellaris Venture Partners, Cisco, Eight Roads Ventures, Dragoneer Investment Group, Peak XV Partners and SoftBank Corp.