Warp Raises $85M To Expand AI-Powered HR Platform With Support From Multiple Investors

Warp raised $85M in under a year, including a $60M Series B, to expand its AI-powered HR platform and launch Warp Agent, which automates tasks such as state registration, payroll and benefits while handing blocked tasks to human experts. The company says revenue is up 700% YoY, it has helped save $200M in tax penalties, and is on track for $2B+ in payroll volume this year, with backing from Battery Ventures, Sapphire Ventures, Peak XV Partners, Sound Ventures, Homebrew VC and Y Combinator, plus notable angel investors. FOUNDER: Ayush Sharma INVESTORS: Battery Ventures, Sapphire Ventures, Peak XV Partners, Sound Ventures, Homebrew VC & Y Combinator AMOUNT: $85,000,000 HQ: New York City, New York #VentureCapital #Warp #AyushSharma #BatteryVentures #TradedVC