Talent management platform Sense has announced that it has raised $16 million in Series C funding round led by Avataar Ventures. Existing investors Google Ventures and Accel Partners also participated in the funding round.
The startup also announced new additions to the executive leadership team. Sanjay Dharmani (ex-InMobi) has been appointed as Managing Director, Sense India, and Founder of Avataar Venture Partners – Nishant Rao will join the company’s board.
CEO and Co-founder of Sense – Anil Dharni stated, “We see India as a highly strategic market for us. The tech talent in Indian is very robust and knowledgeable in SaaS solutions. This global expansion allows us to tap into that rich talent market to grow our product and engineering team as well as a dedicated marketing and customer success team. And eventually it will serve as our regional HQ for broader Asia expansion which itself holds a $110 billion market potential.”
Nishant Rao, Founding Partner of Avaatar Venture Partners, added, “Based on my extended stint running LinkedIn in the region and thereby developing a great appreciation for HR tech, I’m really excited about the immense potential Sense holds. The macro-shift to contingent labor and gig economy has already grown 10x over the past decade and yet we’ve only just begun scratching the surface. I believe our investments in new products will allow Sense to go from a robust system of engagement to a truly distinctive network/platform play for the future.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.