Huler, an England-based HR tech company whose platform has attracted a host of blue-chip clients within its first year, raised £2 million in funding.
The investment was from Mercia's EIS funds, the MEIF Proof of Concept & Early Stage Fund, which is managed by Mercia and part of the Midlands Engine Investment Fund, and private investors.
With this funding, Huler will enable to further develop its employee experience platform and create at least 12 new jobs in the year ahead.
Huler acts as a "launchpad," bringing together different programs, apps, and content that employees require within a slick user interface that provides easy access and improves productivity.
Nicky Holand, CEO of Huler, said: "With organizations working hard to retain talent, improving the employee experience is a real priority. By bringing consumer-grade technology to the workplace, Huler aims to be the world's most engaging and intuitive employee engagement platform. This is an exciting time for us in our mission to revolutionize the future of work, and we are pleased to welcome Mercia on board to support us in our goals."
The business was backed from an early stage by serial entrepreneur Gareth Mobley, whose Stoke-based, tech-enabled fenestration company DW3 Products Group was sold to Masonite International in 2018, and who is now Huler's Executive Chair. Huler currently employs 53 staff.
Company: Huler Ltd
Raised: £2.0M
Round: Unknown
Funding Month: January 2023
Lead Investors: Mercia's EIS funds
Additional Investors:
Company Website: https://huler.io/
Software Category: Employee Engagement Software
About the Company: Developed by Nicky Holand, Huler is an employee experience platform designed to help enterprise organizations take control of the interactions employees have while using their systems. It offers intuitive, personalized access to existing cloud-based software and content in an engaging virtual space, making sharing knowledge and collaborating from anywhere easy and enjoyable. Launched in January 2022, the platform has already been adopted by clients including Travelodge, Centrica, EE, Qinetiq, St James's Place Wealth Management, and the US corporation Dairy Queen. Its mission is to create technology that makes work awesome for everyone - regardless of when, where, or how they work.
Source: Pauline Rawsterne, PR Agent-Turquoise PR