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Today: September 23, 2024
May 29, 2024
1 min read

Arya Secures $72M Funding to Revolutionize Workforce Management Tech


TLDR:

  • Arya, a workforce management technology startup, raised $7.2 million from investors.
  • Founded in 2020 by Kunal Sarda, Arya focuses on automating HR functions like onboarding and provides strategic insights into hiring strategies.

Arya, a startup based in Princeton, N.J., recently announced that it has raised $7.2 million in funding from undisclosed investors. This funding comes after Arya closed a pre-seed round worth $3.2 million in 2022, led by Oceans Ventures. Founded by Kunal Sarda, a Wharton School alum, Arya is developing technology for workforce management, with a focus on automation of HR functions such as onboarding and providing strategic insights into hiring strategies. Sarda believes that Arya is re-imagining workforce management by leveraging next-generation technology and catering to the emerging world of GenAI. He points out that traditional workforce management solutions are being outdated due to a lack of flexibility and intelligent automation. Industries like health, construction, and trucking are particularly affected by this outdated technology. Prior to Arya, Sarda co-founded VerbalizeIt, a content translation service that attracted 24,000 translators. Sarda and his co-founder, Ryan Frankel, rejected a funding deal from Kevin O’Leary on Shark Tank and later sold VerbalizeIt to Smartling in 2016. Oceans Ventures, a seed-stage venture firm that emphasizes investing in teams, not just founders, led the funding round for Arya. Oceans’ portfolio includes companies like lang.ai, Kanga, Moonshot AI, Tembo Health, and Zitti.


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