Digital adoption platform Whatfix has announced a significant milestone with the successful closure of a $125 million Series E funding round. Led by global investment firm Warburg Pincus, the round also saw participation from existing investor SoftBank Vision Fund 2.
Whatfix, known for its innovative solutions that guide users through complex software applications, has experienced rapid growth in recent years. The company’s platform has been adopted by numerous Fortune 500 companies, including Arrow Electronics, Schneider Electric, and Avnet.
The fresh infusion of capital will enable Whatfix to further expand its product offerings, strengthen its market position, and accelerate its global reach. The company plans to invest in research and development, strategic acquisitions, and increased sales and marketing efforts.
“We are thrilled to have Warburg Pincus join us on this journey,” said Khadim Batti, CEO and co-founder of Whatfix. “Their deep industry expertise and global network will be invaluable as we continue to scale our business and deliver exceptional value to our customers.”
Narendra Ostawal, Managing Director, Head of India Private Equity at Warburg Pincus, expressed confidence in Whatfix’s potential. “Whatfix’s unique approach to digital adoption is transforming the way organizations leverage technology,” he said. “We are excited to support their growth and help them become a leading player in the market.”
As the demand for digital adoption solutions continues to rise, Whatfix is well-positioned to capitalize on the growing market opportunity. With this latest funding round, the company is poised to solidify its leadership position and drive innovation in the industry.