About Erudit
Erudit is a company based in Madrid (Spain) founded in 2019 by Alejandro Martinez Agenjo and Ricardo Michel Reyes. Erudit has raised $11.15 million across 5 funding rounds from investors including Wayra, Conexo Ventures and Athos Capital. Erudit operates in a competitive market with competitors including Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage, among others.
- Total Equity Funding$11.15M (USD)
in 5 rounds
- InvestorsWayra
& 10 more
Funding Insights of Erudit
Erudit has successfully raised a total of $11.15M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.15M
- Total Rounds 5
- First Round $500,000
(Oct 2019)
- Investors Count 11
All 5 funding rounds of Erudit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | – | Series A | – | Wayra | – |
| Sep 2023 | $10M | Series A | – | Conexo Ventures, Athos Capital | – |
| Mar 2022 | – | Seed | – | – | – |
| May 2020 | $648,900 | Seed | – | DraperB1, Encomenda | – |
| Oct 2019 | $500,000 | Seed | – | TheVentureCity | – |
11 investors in total: 11 institutional.
Investors in Erudit
Erudit has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Wayra, Conexo Ventures and Athos Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated across sectors by Wayra. | 2011 | wayra.com | Madrid, Spain | |
Early-stage tech startups are invested in by Conexo Ventures. | – | conexo.vc | Madrid, Spain | |
Athos Capital is focused on early-stage venture investments. | 2021 | athos-cap.com | Spain | |
- | – | bolsasocial.fund | - | |
Tech startups in fintech and SaaS are accelerated and incubated. | – | theventure.city | Miami, United States | |
- | – | draperb1.vc | - | |
Early-stage venture capital investments are provided to technology-driven founders. | 2022 | encomenda.com | Spain | |
- | – | archipelagonext.com | - | |
Venture capital is provided to technology startups by Bizrupt. | – | bizrupt.biz | Mexico City, Mexico | |
IGNIA is focused on investing in global tech entrepreneurs. | 2007 | ignia.mx | Mexico City, Mexico |
Investor details for Erudit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Erudit
8 people are tracked at Erudit (4 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Alejandro Martinez Agenjo | Co-Founder & CEO | Leadership |
Ricardo Michel Reyes | Co-Founder | Leadership |
Antonio (Tocho) Paramo | VP - Business & Legal | Leadership |
Lorena Sánchez García | Board Member & COO | Leadership |
Andrew Hahn | Advisor | Team |
Daniel Amador Montaño | Senior machine learning engineer | Team |
Grace Norris GMBPsS | Researcher & Data Annotator - Psychology & AI | Team |
Sloan Clay | Culture & Engagement Advocate | Team |
Complete people profiles for Erudit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Erudit
3 dated milestones of Erudit across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Erudit is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series A,.
Competitors of Erudit
Erudit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Culture Amp, ScribbleLive, Vantage Circle, Reward Gateway and Energage, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cultureamp.com | 2009 | Richmond, Australia | $258.3M | – | Employee experience management platform | |
| scribblelive.com | 2008 | Toronto, Canada | $61.32M | – | Employee engagement is supported through interactive assessments and polls. | |
| vantagecircle.com | 2011 | Plano, United States | $349,751 | 262 | Employee benefits and engagement are delivered via a cloud-based platform. | |
| rewardgateway.com | 2006 | Rochester, United States | – | 324 | Employee engagement software is provided for performance management and recognition. | |
| energage.com | 2006 | Exton, United States | $15M | 218 | Employee Engagement Platform | |
| modolabs.com | 2010 | Cambridge, United States | $14.4M | 89 | Digital engagement and no-code application development platform | |
| applausehq.com | 2020 | Salt Lake, United States | $7M | – | Employee engagement is facilitated via an online platform for enterprises. | |
| ambassify.com | 2010 | Beringen, Belgium | $2.51M | 12 | Cloud-based solutions for employee engagement and brand collaboration are provided. | |
| nudge.co | 2013 | Toronto, Canada | $16.13M | – | An online platform is operated for employee engagement and insights. |
Detailed competitors of Erudit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Erudit
Complete news archive for Erudit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Erudit
10 companies that operate in the same segment as Erudit (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Erudit
Erudit was founded in 2019.
Erudit is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Alejandro Martinez Agenjo is the current CEO of Erudit. They have also founded this company.
Erudit is a funded company, having raised a total of $11.15M across 5 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Oct 2019.
Erudit was established in 2019 in Madrid, Spain, within the HR technology sector. A cloud-based platform powered by AI is utilized by HR leaders to track, measure, and manage the impact of company culture on employee experience. Anonymous, aggregated insights into workforce sentiment are delivered through a non-intrusive tool, avoiding traditional surveys. Subscription-based access is offered to support data-driven HR decisions.
Erudit's top competitors include Culture Amp, Vantage Circle and Reward Gateway.
Erudit has 11 investors. Key investors include Wayra, Conexo Ventures, Athos Capital, IGNIA, and True Blue Partners.