Location Intelligence Software
Umwelt.AI is a Bengaluru-based HR technology company that uses behavioral science and AI to help CEOs and chief human resources officers monitor, measure, and improve employee engagement and retention across the full employee lifecycle, from onboarding through post-exit. Founded in 2019 by Vishal Chopra, a former HR executive with two decades of experience, the company targets large service-sector enterprises with workforces of 2,000 to 10,000 employees.
As of September 2023, Umwelt.AI serves 16 paying customers, including Puma and Verimoto, covering 15,000 paid employee seats on its platform. The company generates approximately $10,000 per month in revenue, or $120,000 in annualized recurring revenue, and has remained profitable throughout its existence by keeping a six-person engineering team based in India and reinvesting all customer revenue back into the product.
Chopra is closing a $200,000 pre-seed SAFE round at a $3,000,000 post-money valuation, the company's first external capital raise after four years of bootstrapped operation funded entirely by customer revenue. The proceeds are earmarked for marketing, which the company only began pursuing six months before the interview.