Empower, a Reykjavik, Iceland-based top Icelandic DE&I (Diversity, Equality & Inclusion) firm focused on equality in the workplace, announced that it secured €2.2 million in funding.
The round was led by Frumtak Ventures, a leading early-stage Icelandic VC firm. Tennin, an early-stage angel investment firm, also participated in the round.
The funding will be used to scale its proven DE&I methodologies, including benchmarking, training and analytics services, through its new SaaS solution, Empower NOW.
Company: Empower ehf
Funding Month: May 2022
Lead Investors: Frumtak Ventures
Additional Investors: Tennin
Company Website: https://www.empowernow.co/
Software Category: Diversity, Equality & Inclusion
About the Company: Founded by serial entrepreneurs and leading DE&I specialists Thorey Vilhjalmsdottir Proppe and Dee Thomsen, Empower is a Diversity, Equality & Inclusion specialist currently developing a DEI SaaS solution for workplaces globally, with special emphasis on workplace culture. Empower focused on combining its successful track record in DE&I consulting with technical solutions to support HR and DE&I teams at government and enterprise organizations globally. Empower helps to create organizational change for more inclusive and equal workplaces through high impact methodologies; Dashboard, goals, KPI, and creative microlearning content. Empower NOW helps companies and organizations gain a real-time overview of the status of DEI within the workplace, set measurable goals, and provide micro-education for employees. The software is based on the proven Empower methodology that has proven successful for leading private and public organizations.