VC Fund Investments
Avataar Ventures leads $16-M Series C round of US-based HR Tech startup Sense
San Francisco, CA (USA)-headquartered Sense, an artificial intelligence-driven talent engagement and communication platform, has raised USD 16 million as part of its Series C round. The round was led by Avataar Ventures, an India-based business-to-business (B2B) and software-as-a-service (SaaS) specialist VC fund. Existing investors Accel and Google Ventures also participated in the round. Nishant Rao, co-founder of Avataar Ventures, will join the Sense board. Founded in 2015, Sense provides a system of engagement for talent acquisition teams. The startup, which has expanded into the Indian market, will use the funding to add new products, expand its team and go into newer geographies. Sense has appointed Sanjay Dharmani, former Senior VP of engineering at mobile advertising services platform InMobi, as MD of Sense India, based out of Bengaluru.
From the Venture Intelligence PE-VC Deal Database: Between Jun-17 and May-19, Sense had raised about USD 24 million from Accel India and other US-based investors.
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