Human Behavior, a company started by the trio of young entrepreneurs, has finished raising $5 million in a seed round funding. Notable investors including Y Combinator, General Catalyst, and Paul Graham supported this laudable endeavor. The funding round closed in just two days, highlighting deep and immediate investor conviction in the company’s long-term vision and opportunity.
The startup’s founders are fresh out of college with no more than their early twenties between themselves and this opportunity. Amogh Chaturvedi, CEO Chirag Kawediya, COO Skyler Ji, CTO Their entrepreneurial spirit has already been proven with their previous venture Dough, an e-commerce accounting solutions provider. Chaturvedi dropped out of Stanford University to pursue his entrepreneurship dreams. At the same time, Ji left UC Berkeley to follow his entrepreneurial dreams. Kawediya graduated from college and took the leap with his co-founders to their next venture.
Human Behavior’s cutting-edge technology leverages vision AI to take thousands of hours of video footage and enrich it. This new method allows businesses to see how users engage like they never could through traditional data analytics. The company plans to continue to position itself as the industry leader in session replay technology. That’s what we’re working to do with Datadog’s success monitoring and analytics for.
The founders first crossed paths at a hacker house organized by Chaturvedi in 2023, where they collaborated and recognized their shared vision for enhancing user experience through advanced technology. Since coming online four months ago, Human Behavior has seen incredible growth, reaching a 20% month-over-month increase in users.
Human Behavior provides their operators with daily summary emails that detail features use, bugs, churn rate, etc. This new functionality is designed to get businesses the insights they can actually act on without the painful data diving process in legacy analytics.
“Why spend hours writing code to track clicks when we can just watch the video?” – Skyler Ji
In search for money, the trio focused on building an entrepreneurial ecosystem with room for long-term growth, not just soaring valuations. Chaturvedi stated their determination to establish a strong technical and intellectual base for the enterprise.
“We could’ve done the financial engineering game because we got more offers with higher valuations, but we didn’t want that.” – Amogh Chaturvedi
The startup’s approach to data analytics goes beyond simply collecting information. It uses more advanced techniques to explain how and why users behave the way they do. Kawediya underscored the significance of this comprehension, adding that just having that data is only the beginning.
“Even once you have that data, you’re still stuck with the bigger question of how users actually interact with your product so you can make it better.” – Chirag Kawediya
Even as Human Behavior grows its tech, it’s in a competitive field against entrenched companies. Chaturvedi says a lot of their potential competitors won’t be able to copy their model because they can’t architect around it.
“For some of these companies, it might be difficult to replicate what we have because their architecture can’t support the shift without starting over.” – Amogh Chaturvedi
Through a mix of luck and ingenuity, the startup has had extraordinary funding success. Its new and novel solutions have the potential to be a complete game-changer in understanding user interactions. With clear objectives and a strong foundation built on previous experiences, Human Behavior is poised for continued growth and success in the tech landscape.