UnderstandBetter

Chennai, India Founded: 2016 • Age: 10 yrs
AI-based employee survey platform is provided for workforce insights.
Annual revenue $562 Latest available
Total funding $57,497 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About UnderstandBetter

UnderstandBetter is a company based in Chennai (India) founded in 2016 by Pankaj Harita GS. UnderstandBetter has raised $57.5 thousand across 2 funding rounds from investors including RMZ Corp and The CoWrks Foundry. UnderstandBetter operates in a competitive market with competitors including Leapsome, WorkTango, Questback, Engage2Excel and TINYpulse, among others.

  • Headquarter Chennai, India
  • Founders Pankaj Harita GS
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aieda Technologies Private Limited
  • Date of Incorporation 05 Jun, 2018
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $562.1 (USD)
    0
    as on Mar 31, 2019
  • Net Profit
    $28.7 (USD)
    0
    as on Mar 31, 2019
  • EBITDA
    $52.57 (USD)
    0
    as on Mar 31, 2019
  • Total Equity Funding
    $57.5 K (USD)

    in 2 rounds

  • Latest Funding Round
    $30 K (USD), Seed

    Dec 01, 2018

  • Investors
    RMZ Corp

    & 1 more

  • Employee Count
    Not available
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Funding Insights of UnderstandBetter

UnderstandBetter has successfully raised a total of $57.5K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $30 thousand completed in December 2018. 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.

Investors in UnderstandBetter

UnderstandBetter has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include RMZ Corp and The CoWrks Foundry.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups across sectors are accelerated through dedicated programs.
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Invests in alternative assets including real estate and infrastructure for returns.
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Investor details for UnderstandBetter

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  • Investor domains
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Investments & Acquisitions by UnderstandBetter

Investments
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Investment portfolio details for UnderstandBetter

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Financial Statements - UnderstandBetter

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Detailed financials for UnderstandBetter

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Understandbetter Comparisons

UnderstandBetter Primary company
Description
AI-based employee survey platform is provided for workforce ...
Location
Chennai, India
Founded Year
2016
Annual Revenue
$562.1 (USD)
Net Profit
$28.7 (USD)
EBITDA
$52.57 (USD)
Employees
Not available
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Peer comparison for UnderstandBetter

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Competitors of UnderstandBetter

UnderstandBetter 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 Leapsome, WorkTango, Questback, Engage2Excel and TINYpulse, among others.

Company Name Domain Founded year HQ Location Description
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Feedback-based employee engagement surveys and tools are provided.
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Employee feedback is captured and analyzed for engagement measurement.
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Enterprise solutions for employee engagement and customer experience are delivered.
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Employee recognition is enabled via feedback data and performance analytics.
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Anonymous weekly employee feedback surveys are collected and analyzed graphically.
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Employee engagement solution provider
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Detailed competitors of UnderstandBetter

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Latest news on Understandbetter

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Complete news archive for UnderstandBetter

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Frequently Asked Questions about UnderstandBetter

UnderstandBetter was founded in 2016 and raised its 1st funding round 2 years after it was founded.

UnderstandBetter is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

UnderstandBetter is a funded company, having raised a total of $57.5K across 2 funding rounds to date.

Annual revenue of UnderstandBetter is $562.1 as on Mar 31, 2019.

UnderstandBetter was established in 2016 in Chennai, India, as part of Aieda Technologies. An AI-driven platform for employee surveys is offered, focusing on human resources technology. Key functionalities include manager dashboards, action recommendations, report analysis, and data exports. Automated surveys with anonymous responses are facilitated. Operations are conducted via a subscription pricing model, serving organizations seeking employee feedback tools.

UnderstandBetter's top competitors include WorkTango, TINYpulse and Leapsome.

UnderstandBetter has 2 investors. Key investors include RMZ Corp, and The CoWrks Foundry.

The valuation of UnderstandBetter is $303.71K as of Oct 2018.

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