Darwinbox joined the Unicorn Club on January 25, 2022 after reaching a valuation of over $1 billion. Headquartered in Hyderabad, Telangana, India, Darwinbox provides AI powered human capital management software for enterprises.
The platform enables organizations to manage the full employee lifecycle while automating HR workflows and improving workforce decision making.
Keep reading to learn how Darwinbox scaled into a global HR technology unicorn.
What Is Darwinbox and What Does It Do?
Founded in 2015, Darwinbox is an AI driven human capital management platform designed for mid sized and large enterprises. The software supports hiring, onboarding, performance management, compensation planning, employee engagement, and offboarding.
Darwinbox uses artificial intelligence to automate routine HR tasks, deliver predictive workforce analytics, and personalize employee experiences, helping HR teams reduce manual effort and improve operational efficiency.
How Much Funding Has Darwinbox Raised?
1. Seed Round
- Amount Raised: $2 million
- Date: 2016
- Key Investors: Lightspeed Venture Partners
- Purpose: Build the core HR platform and early enterprise adoption
2. Series A Round
- Amount Raised: $15 million
- Date: April 2017
- Key Investors: Lightspeed Venture Partners
- Purpose: Product expansion and scaling enterprise customers
3. Series B Round
- Amount Raised: $25 million
- Date: December 2019
- Key Investors: Sequoia Capital India
- Purpose: Strengthen product capabilities and expand globally
4. Series C Round
- Amount Raised: $72 million
- Date: January 2022
- Key Investors: TCV, Ontario Teachers’ Pension Plan
- Purpose: International expansion and AI driven product innovation
5. Series D Round
- Amount Raised: $31 million
- Date: September 2025
- Key Investors: Existing investors
- Purpose: Platform scaling and enterprise growth
Total Funding Raised: $145 million
Latest Funding Round: Series D (September 2025)
Unicorn Status: Achieved in January 2022
Key Investors
- TCV
- Details: Global growth equity firm investing in category leading technology companies
- Focus Areas: SaaS, enterprise software, and scalable platforms
- Ontario Teachers’ Pension Plan
- Details: Global institutional investor backing long term technology growth
- Focus Areas: Enterprise software, SaaS, and global technology companies
Where Is Darwinbox’s Headquarters?
Darwinbox is headquartered in Hyderabad, Telangana, India, serving as the central hub for its product development, AI engineering, and enterprise operations teams.
What’s Next for Darwinbox?
Darwinbox plans to deepen its AI powered HR capabilities, expand predictive analytics, and scale adoption across global enterprises. The company is focused on enhancing employee experience tools, automating complex HR workflows, and growing its international footprint.
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