Dashworks Secures $9.5M in Seed Funding
San Francisco-based Dashworks, an AI-powered knowledge management platform, announced today that it has raised $9.5 million in seed funding. The round was led by Point72 Ventures, with participation from South Park Commons, Combine Fund, Garuda Ventures, GOAT Capital, Unpopular Ventures, and Starling Ventures.
Dashworks’ platform helps businesses organize and search their internal knowledge more effectively. The platform uses natural language processing (NLP) to understand user queries and return relevant results. Dashworks also offers a number of features to help users collaborate on knowledge, including a Q&A chatbot and a knowledge graph.
The company plans to use the new funding to expand its product offerings and grow its customer base. Dashworks is currently used by a number of startups and large enterprises, including Twitch, Gusto, and TLV Partners.
“We’re excited to partner with Point72 Ventures and other leading investors to help us scale Dashworks,” said Nikhil Kawthekar, CEO of Dashworks. “This funding will allow us to accelerate our product development and bring our platform to more businesses around the world.”
Dashworks’ funding announcement comes at a time when there is growing interest in AI-powered knowledge management solutions. A recent report by Gartner predicts that the global market for knowledge management will reach $34.3 billion by 2023.
Dashworks is well-positioned to capitalize on this growth. The company’s platform is easy to use and scalable, and it offers a number of features that are not available in other knowledge management solutions.
With the new funding, Dashworks is well-funded to continue its growth and become a leading player in the AI-powered knowledge management market.
Additional Details
- Dashworks was founded in 2020 by Nikhil Kawthekar and Akash Garg.
- The company is headquartered in San Francisco, California.
- Dashworks has over 100 customers, including Twitch, Gusto, and TLV Partners.
- The company’s platform is used by businesses of all sizes, from startups to large enterprises.
- Dashworks’ platform is available in English and Spanish.
Conclusion
Dashworks is a promising AI-powered knowledge management platform that is well-positioned to capitalize on the growing demand for these solutions. With the new funding, Dashworks is well-funded to continue its growth and become a leading player in the market.