Dandi

I'm sharing some difficult news about Dandi, a venture-backed startup I've been leading since 2018.? We built a DEI analytics product that our customers genuinely loved (NPS > 80!), achieving nearly $1.5M in ARR with 210% YoY growth and a 142% net revenue retention rate. Our time-to-recover CAC was a healthy 7 months (cash-on-cash, fully loaded on a contribution margin basis). We were incredibly proud of the business we built and the positive impact we were having. Despite these successes, we faced significant headwinds. The market downturn starting in early 2023 coupled with the changing legal and political landscape around DEI created insurmountable challenges. We explored all avenues, including an M&A process, but ultimately couldn't secure the necessary resources to continue operating. As a result, we'll be winding down Dandi's operations, effective Wednesday, February 19, 2025.? This was a tough decision, and one we didn't take lightly. In the near-term, our focus is on ensuring a smooth transition for our customers. Access to Dandi’s software: Provided for the next week or so. Accessing data: Customers can export their reports and dashboards through the product or ask us at Dandi to do it for you. Expressing gratitude: We'll be reaching out personally to each of our customers to thank them for their support. This journey has been an incredible learning experience. I'm immensely grateful to my co-founders for their dedication and sacrifice, especially during the past five months when we went without salaries to maximize our chances of success. Special thanks to Surag Mungekar, Ryan Schell and Viktor Persson. I also want to express my sincere gratitude to our investors for believing in our vision and supporting us along the way. Most importantly, I want to thank our families who supported us every step of the way. While I'm disappointed that Dandi's story is ending this way, I'm also filled with gratitude for the amazing team, the loyal customers, and the invaluable lessons learned. The entrepreneurial journey is full of highs and lows, and this is certainly a challenging moment. However, I'm excited to see what the future holds and eager to embrace new opportunities. I'd love to reconnect with friends and colleagues from over the years – please feel free to call, email, or send me a message to chat. Stay tuned for what's next! #entrepreneurship #SaaS #startup #leadership

??Announcing more powerful Dandi data visualizations ?? Data visualizations are an incredibly important tool for HR teams looking to communicate with employees and stakeholders. But traditional tools make the process painful. If you’ve ever tried making a graph overlay in Excel, you know exactly what I mean. That’s why I’m thrilled to announce the latest updates to Dandi’s visualization engine—making it easier than ever for HR teams to create impactful visuals that uncover trends and deliver insights. Here’s what’s new: New graph overlays that simplify complex analyses, helping you compare data at a glance A customizable x-axis that gives you more control to tailor visuals to your specific needs Simplifying analytics for HR teams is the core of what we do at Dandi and I’m excited to get these new features in our customers’ hands. #peopledata #analytics #datavisualizations #godandigo

The old ways of working with HR data were broken from the start. People analytics platforms were designed for analysts—not for the HR teams who actually needed the data. Extracting even basic insights was slow and expensive. Conducting deeper, data-driven analyses was even harder. This left HR leaders stuck. Being data-driven was crucial, but the operational cost was overwhelming. Then came generative AI, completely transforming what’s possible with HR data. By adopting AI-native platforms like Dandi, HR teams can now unlock deeper insights while reducing the operational cost and complexity that used to hold them back. This isn’t just an upgrade—it’s a fundamental shift in how HR teams work. And it requires us to rethink the entire HR Data Maturity Model. In the past, more data meant more complexity, more time, and more cost. But today, with AI-native platforms, doing more with data no longer comes with the same burden. We’re just at the beginning of seeing this new model take root in organizations worldwide. Everything about how people data is used—how, why, and by whom—is about to change. The next few years are going to be incredibly exciting. #AI #HRTech #DataInnovation #FutureOfWork

?? Big news from Dandi ?? I’m thrilled to announce Dandi’s new generative AI capabilities. Built to answer your most complex people questions, Dandi AI will save countless hours of work, unlock powerful new insights, and transform how people teams work with data. Here’s what’s coming: ? AI-Generated Report Summaries: Get instant, accurate insights with our AI-powered summaries. Dandi now performs weeks of reporting work in seconds—with incredible accuracy and consistency. ?? AI Chat: Answer questions the moment they arise. No more waiting for analysts to run the numbers—chat lets everyone work with data like an expert. ?? Deep Privacy and Security Features: We've built robust privacy and security measures into our AI, ensuring you can safely leverage AI with your most sensitive data. We know there's a lot of AI news these days. But this isn't just "another" AI announcement. We’ve been building to this moment for years at Dandi. We made big early bets on data structure and technical infrastructure in order to truly enable AI and HR to work together—efficiently, seamlessly, and securely. We are thrilled with the progress we’ve already made, and I look forward to sharing more. #HRtech #AI #Innovation #Dandi #FutureOfWork

NJ/NY friends—Join me next Wednesday, May 15, for a conversation about using data to drive workplace diversity. I think Surag Mungekar will be there too (!). I'll share real-world examples of successes and struggles, and also give a live demo of Dandi . NJ-RC SHRM events are always great fun, and I'm sure this will be no exception. Thanks for thinking of me, Brian De Vogel, M.S., SHRM-SCP! Register here: https://lnkd.in/eMhTPTjf See details in the flyer below.