Summary:
- Niural, a NYC-based AI-native global PEO, secured $31m in Series A funding led by Marathon Management Partners.
- The funding will fuel the company’s AI capabilities and expansion efforts.
- Founded by Nami Baral and Nabin Banskota, Niural offers AI-powered solutions for payroll, compliance, and payment operations to SMBs and mid-market companies.
Article:
Niural Secures $31m in Series A Funding for Global Expansion
Niural, a leading AI-native global PEO based in NYC, has announced a significant milestone with the successful completion of a $31m Series A funding round. The funding, led by Marathon Management Partners, will enable Niural to enhance its AI capabilities and fuel its expansion into new markets.
Founded by Nami Baral and Nabin Banskota, Niural is revolutionizing the HR and finance operations of fast-growing companies through its innovative AI platform. One of the key features of Niural is EMMA, an executional AI coworker that streamlines payroll, compliance, and payment operations for SMBs and mid-market companies.
With a strong focus on scalability and international growth, Niural has seen remarkable success in recent years, boasting a 700 percent ARR growth and a growing list of prestigious clients. Companies like Tensor, Polygon Labs, Mob Entertainment, Slingshot AI, and Karate.com have already benefited from Niural’s cutting-edge solutions.
The addition of Marathon’s Gokul Rajaram, a renowned industry leader with a wealth of experience, to Niural’s board further solidifies the company’s position as a key player in the AI-powered HR and finance industry. The future looks bright for Niural as they continue to empower organizations to streamline their operations and achieve sustainable growth.
For more information on Niural and their AI-powered solutions, visit their official website.