Analytics platform Dandi Technologies secured $3.7 Million in seed funding

Dandi Technologies, a New York City-based provider of analytics platforms for advancing diversity, equity, and inclusion (DEI) in the workplace, has recently secured $3.7 million in a seed funding round.

Dandi Technologies is founded by Jeff Fernandez. It is the analytics platform for advancing diversity, equity, and inclusion (DEI) in the workplace. Businesses use it to see how they recruit, retain, and compensate their people, giving them the insights they need to pinpoint equity gaps and advance DEI efforts.

Jeff Fernandez, Dandi CEO and Co-Founder said, "We believe Dandi can revolutionize the way companies recruit, retain, and compensate their people. Without the right data, people and businesses are left facing the same 'unsolvable' DEI problems year after year, while demands for racial, social, and financial justice from employees, investors, and regulators only grow stronger. Our platform is putting DEI analytics capabilities and insights directly into the hands of more leaders across organizations and making them easy to understand. You don't need to be a data scientist to use Dandi."

Lily Lamboy, Director of Diversity, Equity & Inclusion at Blue Shield of California, said, "With existing tools, it's nearly impossible to operationalize the concept of intersectionality. Dandi changes everything by allowing companies to see how these intersections affect the employee journey and take action”.

The round was backed by Springbank and Alleycorp Impact, with participation from Atlassian Ventures, Uncommon Denominator, Impact Engine, AAF, and Heirloom VC.

As a part of the funding, Courtney Leimkuhler, the Managing Partner and Founder at Springbank, will now be going to join Dandi’s Board of Directors team.

The analytics startup, as of now, has plans to use the new funds to increase the number of people the platform positively impacts across the globe.