
Whatfix, a SaaS company specializing in digital adoption platforms, has secured $125 million in a Series E funding round. The round was led by Warburg Pincus, which contributed $100 million, with additional participation from existing investor SoftBank Vision Fund 2, which injected $25 million. This funding round also includes a $58 million secondary stake sale and an ESOP buyback, allowing early investors like Helion Venture Partners to make a partial exit. The company's valuation has now reached approximately $900 million, with some estimates around $840 million, a significant increase from its $12 million valuation in 2015. The new capital will be used to expand Whatfix's global reach and enhance its digital adoption platform. The company is also set to hit $100 million in annual recurring revenue (ARR) in the next two quarters and aims to break even in 6-8 quarters.
#Business | SaaS firm Whatfix raises $125 million in Series E funding from Warburg Pincus, SoftBank 💰📈 @BhavyaDKumar shares more ⤵️ https://t.co/4Hdjc0Mz8k #SaaS #Whatfix #SeriesEFunding #SoftBank https://t.co/KjKH99Y1rT
Whatfix continues to go from strength to strength. @KhadimBatti and @varakumar_n have built an execution juggernaut. The story of building @whatfix when told, will be a master-class in innovation, first-principles, and ambition. Welcome @warburgpincus @peakxvpartners
🤖 SaaS leader @Whatfix raises $125M in Series E from @WarburgPincus & @SoftBank! 🚀 Exciting growth for this AI-powered digital adoption platform. What features are you most excited about? #AITech #SaaSInnovation https://t.co/WCcv1ROpSX

