Whatfix, a San Jose, CA-based SaaS-based digital adoption platform provider, has raised $125 million in Series E funding.
Investors
The round was led by Warburg Pincus, with continued support from SoftBank Vision Fund 2.
Warburg Pincus LLC is a global growth investor managing over $83 billion in assets, with a diverse portfolio of over 225 companies. Since its founding in 1966, the firm has invested over $117 billion in more than 1,000 companies worldwide. Headquartered in New York, Warburg Pincus operates across multiple sectors and regions, with offices in cities such as London, Mumbai, and Singapore.
Whatfix Use of Funds
The investment will fuel product innovation and market expansion across the US, EMEA, and APAC and support strategic acquisitions.
About Whatfix
Whatfix is advancing the userization of application technology by helping companies to maximize ROI on digital investments throughout the application lifecycle. Powered by GenAI, Whatfix’s product suite includes a digital adoption platform, simulated application environments for hands-on training, and no-code application analytics. Whatfix helps organizations drive user productivity, ensures compliance, and improves user experiences. With seven offices across the US, India, the UK, Germany, Singapore, and Australia, Whatfix supports over 700 enterprises, including 80+ Fortune 500 companies like Shell, Microsoft, Schneider Electric, UPS Supply Chain Solutions, and Genuine Parts Company.
Funding Details
Company: Whatfix Pvt Ltd.
Raised: $125.0M
Round: Series E
Funding Date: September 2024
Lead Investor: Warburg Pincus
Additional Investors: SoftBank Vision Fund 2
Company Website: https://whatfix.com/
Software Category: Digital Adoption
Source: https://whatfix.com/newsroom/press-releases/whatfix-raises-125-million-series-e/