Fremont, California-based artificial intelligence (AI) services platform Dotin has raised an undisclosed amount in a seed funding round from venture capital firm Arka Venture Labs and Qu Ventures.
Dotin will use the funds to expand its offerings. “While we’ve had considerable success in the US already, our partnership with Arka Venture Labs and Qu Ventures helps Dotin in scaling. And given the fallout of Covid-19, our AI platform is needed more than ever. We can make a real difference, helping employers access talent and their employee pool to best support their workforce during such a critical period,” Ganesh Iyer, founder and CEO, Dotin, said.
Founded in 2014 by Stanford University graduate Iyer, Dotin provides business to business (B2B) software as a service (SaaS), and artificial intelligence (AI) services platform. The Dotin platform utilises psychology, structured/unstructured social or enterprise data, and machine learning (ML) to identify interpersonal decision-points and modify behaviour for the benefit of employer and employee.
The company’s product PerFit-HR talent analytics helps customers recruit, onboard, train and mentor employees among others.
“We liked the Dotin team, and the patents they have created in this space after extensive research gives them a strong moat," Radhesh Kanumury, managing partner, Arka Venture Labs, said.
Founded in 2018, Arka Venture Labs is a cross-border accelerator fund launched with three venture capitalist firms Blume Ventures, Benhamou Glove Ventures, and Emergent Ventures. The firm provides capital and mentorship to B2B companies. It also offers mentorship, networking opportunities, and infrastructure support. The company is headquartered in the San Francisco Bay Area.
Earlier this month, Arka invested in Berkeley, California headquartered data science startup Obviously AI.
Qu Ventures is a venture capital firm that invests in early-stage technology companies that are targeting the Asian market.