Disprz raises $13M in Series B funding
Disprz recently raised $13 million in its Series B round of funding led by Dallas Venture Capital and Mars Growth Capital. The round also saw participation from Go1, Tara India Fund IV being managed by KOIS, Auctus Capital, and Kae Capital.
The company will use the newly raised capital for talent acquisition, expansion into the South East Asia and Middle-East markets, and build industry-specific product solutions.
“We are excited to welcome Dallas Venture Capital into the mission of Disprz. DVC’s founding team are former founders who have scaled and exited start-ups and their understanding of the SaaS space, coupled with their strong network in the US, make them a perfect partner for Disprz as we look to establish ourselves in developed markets, particularly the US,” added Disprz CEO Subramanian Viswanathan.
Founded in 2015 by Subramanian Viswanathan and Kuljit Chadha, Disprz is a learning and skilling suite based in AI that aims to assist companies in skilling their workforce.
Commenting on the investment, Dallas Venture Capital’s Gokul Dixit stated, “The founders’ pedigree and vision, the company’s continued traction in emerging markets and the huge untapped potential for skills-tech globally, excited us to partner with Disprz. The pandemic has also acted as a catalyst to the rapidly growing skills-tech market. We believe that the DVC Advantage program, focused on start-up companies’ needs in multiple areas such as product and technology strategy, executive mentorship, talent acquisition and with an enhanced focus on business development, would greatly benefit Disprz during this exciting growth phase.”
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