whatfix

whatfix

Digital platform that helps businesses simplify their training and support efforts with accessible contextual information.

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Financials

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Revenues, earnings & profits over time
USD2019
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about whatfix
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Whatfix is a digital adoption platform (DAP) that enables software users to maximize the potential of applications across various interfaces, including web, desktop, and mobile. The company's primary market is large organizations, with over 150 of the Fortune 1000 companies among its clientele. It operates globally, with offices in the US, UK, Germany, Australia, Singapore, and India.

The company's business model revolves around providing a data-driven DAP that enhances user engagement and efficiency. By integrating with applications, Whatfix provides in-app training and guidance, helping users navigate complex software and processes. This not only improves user proficiency but also reduces the need for extensive training and support, leading to significant cost savings for businesses. For instance, one of their clients reported resource savings worth about $950,000 that could be redirected towards profit-generating activities.

Whatfix's revenue comes from the subscription fees paid by businesses for using its platform. The company's value proposition lies in its ability to customize its platform to suit the specific needs of different businesses and processes, making it a versatile solution for a wide range of industries.

In summary, Whatfix is a leader in the digital adoption space, providing a platform that enhances software usability, reduces training costs, and improves employee productivity.

Keywords: Digital Adoption Platform, Software Usability, Employee Productivity, In-App Training, Cost Savings, Global Operations, Customizable Platform, Fortune 1000 Clients, Subscription Revenue, Workplace Employee Engagement.

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Investments by whatfix

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Airim
ACQUISITION by whatfix Oct 2019
Leap.is (previously Jiny.io)
ACQUISITION by whatfix Apr 2022
Nittio Learn
ACQUISITION by whatfix Aug 2021