Simpplr, a Redwood City, CA-based employee experience platform, is to acquire Socrates.ai, a generative AI-powered virtual employee assistant.
The amount of the deal was not disclosed.
The acquisition will enable Simpplr to expand its strategic presence. Socrates.ai will become an integral part of Simpplr’s portfolio of top-tier digital workplace solutions.
By integrating diverse content sources, chatbots, enterprise applications, and employee pathways, Socrates.ai is a tool, especially in centralizing HR and IT information. With a unified conversational interface, employees can obtain answers to their questions and manage tasks on the go, regardless of time or location— boosting productivity and refining onboarding, payroll, and performance management.
Led by Dhiraj Sharma, Founder & CEO, Simpplr provides a platform that unifies employee engagement, enablement, and services, leveraging AI models to deliver a personalized employee experience. It is used by more than 700+ leading brands, including Snowflake, Moderna, Eurostar, and AAA. The company is headquartered in Silicon Valley, CA, with offices in the UK, Canada, and India, and is backed by Norwest Venture Partners, Sapphire Ventures, Salesforce Ventures, and Tola Capital.
FinSMEs
02/10/2023