Fundraising Fox

Orgnostic

Acquired

Belgrade · Founded 2019 · Delaware corporation · 7 known investors

People analytics platform that unified HR data from disparate tools into insights; acquired by Culture Amp in March 2024.

Also known as Orgnostic d.o.o.

Founders & leadership

Orgnostic was founded in 2019 by Luka Babic and Igor Bogicevic.

LB
Luka BabicCo-founder
IB
Igor BogicevicCo-founder
MS
Mehmed Selcuk AticiNamed on SEC filing

Investors · 7

Also in the syndicate · 5

122 West VenturesleadEarlybird Digital EastleadEric RiesRony KahanTihomir Bajic

Reported raises · per SEC filings

Form D private placements

$6.4M disclosed across 2 of 4 rounds · 2020–2023

$550KraisedAug 2023 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Luka BabicExecutive Officer, Director
  • Mehmed Selcuk AticiDirector
  • Igor BogicevicDirector
Offering amount
$550K
Amount sold
$550K
First sale
Jul 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.9MraisedSep 2021 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Igor BogicevicDirector
  • Luka BabicExecutive Officer, Director
  • Mehmed Selcuk AticiDirector
Offering amount
$5.9M
Amount sold
$5.9M
First sale
Aug 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Orgnostic was a people analytics platform that let organizations, leaders and HR professionals measure and manage organizational capital with methods drawn from more than 30 years of organizational psychology research. The product integrated HR data from over 20 disparate HR platforms, HRIS and ATS tools — including BambooHR, Lever, Lattice, Betterworks, Personio, Bob, Greenhouse, Teamtailor, Recruitee, Workable and Timetastic — and used a proprietary metadata model to clean and normalize those inputs into a single structured data set from which consistent metrics were constructed.

Alongside external data ingestion, Orgnostic provided an internal survey tool with two survey types: "data filler" surveys, automated and sent at specific employment stages such as onboarding or exit to feed metrics on recruitment practices and turnover, and "diagnostic" surveys built on peer-reviewed instruments from I/O psychology researchers covering culture, team effectiveness, engagement, burnout and psychological safety. Combining systems data with survey responses, the platform surfaced trends related to attrition, time-to-hire and quality of hire, diversity, salary gaps, productivity and employee wellness, and mapped HR and financial data to a single data model for immediate integration.

The company positioned itself for HR, people analytics and other C-level leaders, aiming to move teams from siloed, messy data to insights in days rather than months. Named customers included Indrive, SmartRecruiters, Suzy, and early customers/prospects Box and Hotjar.

Founding story

Luka Babic, previously a psychology researcher at Harvard and later head of people operations and management board member at Infobip, where he built a data-driven HR function, wanted HR decisions grounded in data rather than assumptions and found no off-the-shelf option for joining disparate HR data points. In 2019 he met Igor Bogicevic — technical co-founder and former CTO of Seven Bridges Genomics and a member of the Forbes Tech Council — at a Serbian Entrepreneurs event in Belgrade. The two quit their jobs, validated the concept in Excel before building software, and founded Orgnostic in 2019.

Business model

B2B SaaS: a subscription people analytics platform sold to organizations, initially mid-market and scaling startups and later large enterprises. After the 2022 pivot the company raised prices to reflect larger clients and introduced an implementation fee that provided upfront revenue, a structure the CEO described as better from a cash-flow perspective than serving SMBs.

Software subscriptions (ARR-based) supplemented by implementation fees charged to enterprise clients.

Traction

Reported customers included Indrive, SmartRecruiters and Suzy, with Box and Hotjar among early customers and prospects. SmartRecruiters' SVP People publicly described the company as a happy Orgnostic customer. Management reported keeping ARR in motion through the 2022 enterprise pivot, and the platform scaled to support tens of thousands of users. The seed round was raised roughly eight months after product launch.

Latest developments

Culture Amp announced its intent to acquire Orgnostic on 20 March 2024, folding Orgnostic's data engineering and people insights into Culture Amp's platform, with Culture Amp's People Analytics product slated for the second half of 2024. Both founders moved into leadership roles at Culture Amp and the orgnostic.com domain now serves Culture Amp content.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Operated in the HR software market, which the company cited as exceeding $15B and growing more than 10% annually, and claimed at its 2021 seed round to be the only tool on the market facilitating both HR data aggregation and new data generation. Culture Amp described Orgnostic as a leading-edge people analytics product, and industry analyst Stacia Garr of RedThread Research framed the acquisition within a shift in people analytics from data collection toward actionable insights.

Combined aggregation of existing HR system data with generation of new data through built-in surveys, backed by a proprietary metadata model that normalized dirty, multi-dimensional HR data across many source systems, and by peer-reviewed organizational psychology instruments. Speed of data ingestion (three hours versus six weeks) was cited as a core advantage.

Technology

A data engineering platform that ingests heterogeneous HR and financial data via integrations with more than 20 HR, HRIS and ATS systems and normalizes it through a proprietary metadata model into a consistent metric layer. The company reported reducing time-to-insight across multiple HR sources from six weeks to three hours. An embedded survey engine distributes automated lifecycle surveys and validated I/O psychology diagnostic instruments and joins the responses with operational data. For enterprise readiness the team overhauled security and data-security compliance, user permission controls, customization and integration options, and scalability from roughly 500 to 20,000 users.

Go-to-market

Early growth relied on social media marketing and self-service-oriented product plans aimed at fast-growing startups. During the 2022 pivot to enterprise, the company repositioned its brand away from a "small tool for SMBs", shifted marketing spend from social media to conference networking, and created a dedicated people analytics evangelist role to promote best practices at industry events.

Initially B2B SaaS scale-ups and hyper-growth SMBs; from 2022 onward large enterprise organizations with large employee bases. Buyers were HR teams, people analytics functions, chief people officers and other C-level leaders.

Geography

Headquartered in Belgrade, Serbia, with a deliberate decision by the founders not to relocate; the company sold internationally to remote-friendly technology companies and later to enterprises, and fundraised remotely from investors in San Francisco and Western Europe. Acquirer Culture Amp has offices in the US, UK, Germany and Australia.

History

Founded in 2019 in Belgrade, Orgnostic raised a $900,000 pre-seed round in September 2020 led by 122 West Ventures with South Central Ventures and angels, and launched its product in early 2021. A $5M seed round led by Earlybird Digital East (Bek Ventures) followed in October 2021, about eight months after launch. In 2022 rising interest rates and tech-sector cost cutting eroded its scale-up customer base, prompting a rapid pivot to enterprise sales that required rebuilding security, permissions, customization and scalability features and repositioning the brand. Culture Amp approached the company in the summer of 2022; the acquisition was announced on 20 March 2024, after which Luka Babic and Igor Bogicevic joined Culture Amp as VP of Product and VP of Engineering respectively (the press release described Babic as a VP at Culture Amp). Culture Amp said its People Analytics product would be available in the second half of 2024.

Risks & controversies

The 2022 tech market correction removed much of Orgnostic's original mid-market and scale-up customer base as those companies cut costs and headcount, forcing a compressed pivot to enterprise sales with longer sales cycles. Fundraising from Belgrade during COVID-19 restrictions, without in-person meetings with lead investors, was described as a significant challenge. The CEO noted that most peer companies founded in the same 2019-2020 cohort in similar fields failed.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Estimated core HR software market sizeOct 2021$15B
HeadcountAug 2026892
Platform user scalability target during enterprise pivotJan 202220,000 users
Supported HR platform, HRIS and ATS integrationsJan 202420 integrations
Time to insight from multiple HR sourcesOct 2021Reduced from six weeks to three hours

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Mar 2024
Culture Amp announces acquisition of Orgnostic

Culture Amp announced it intends to acquire Orgnostic to infuse organizational data into its people-science-trained AI platform, with its People Analytics product to be available in the second half of 2024. Following the deal, Luka Babic joined Culture Amp as VP of Product and Igor Bogicevic as VP of Engineering.

source ↗

Jan 2022
Pivot from mid-market to enterprise sales

Amid rising interest rates and tech-sector layoffs that eroded its scale-up customer base, Orgnostic pivoted within about a month to enterprise sales, rebuilding security, permission controls, customization and scalability (from ~500 to 20,000 users), repositioning its brand, shifting from social media marketing to conference networking, and creating a people analytics evangelist role.

source ↗

Oct 2021
Orgnostic raises $5M seed round led by Earlybird Digital East

A $5 million seed round led by Earlybird Digital East (Bek Ventures) with participation from Script Capital and angels including Eric Ries and Tiho Bajic (Lean Startup/LTSE), Rony Kahan (Indeed) and Charlie Songhurst (Microsoft), in addition to prior investment from South Central Ventures. Funds were allocated to platform development, a self-service offering, industry benchmarking and HR-community awareness.

$5M source ↗

Jan 2021
Platform launch

Orgnostic launched its people analytics product roughly eight months before its October 2021 seed round; the company had been preparing to launch in 2020 when the pandemic began.

source ↗

Sep 2020
Orgnostic raises $900k pre-seed led by 122 West Ventures

Belgrade-based Orgnostic announced a $900,000 pre-seed round led by 122 West Ventures (San Francisco), joined by South Central Ventures and a group of angel investors gathered around LTSE Software CEO Tihomir Bajic. Proceeds were earmarked for strengthening the team and reaching more potential clients.

$900K source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
OrgnosticDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Orgnostic do?
People analytics platform that unified HR data from disparate tools into insights; acquired by Culture Amp in March 2024.
Who founded Orgnostic?
Orgnostic was founded by Luka Babic, Igor Bogicevic in 2019.
Who are Orgnostic's investors?
Orgnostic's investors include Script Capital, South Central Ventures.
How much funding has Orgnostic raised?
Orgnostic has disclosed $6.4M raised across 2 of its 4 known rounds.
Where is Orgnostic headquartered?
Orgnostic is headquartered in Belgrade.