Whatfix, a digital adoption platform (DAP) provider, has raised $125 million in Series E funding led by Warburg Pincus, valuing the company at around $900 million, a 50% increase from its 2021 valuation. The funding will support Whatfix’s expansion efforts, product development, and potential strategic acquisitions as the company aims to maintain its momentum in the rapidly growing DAP market. With over 700 customers, including Shell, Microsoft, and Cisco, Whatfix plans to leverage AI and automated solutions to enhance its platform and meet the evolving needs of enterprises in digital transformation.
Whatfix Raises a Whopping $125M for its In-app User Guides