Popwork, a Paris, France-based HR software startup, raised €1.5 million in a seed funding round led by Evolem and also features angel investors from tech and HR backgrounds.
The company's software-as-a-service allows line managers to take on a whole range of management rituals, including 1:1 catchups, routine feedback, personal development goals, and task management.
Quentin Demeestère, Popwork co-founder and CEO, says far too often bad management leads to the departure of an employee. "You don't leave a company, you leave a manager," he said. "Because they lack support and don't have access to management tools, team leaders are improvising the way they manage their teams. It is inefficient and demotivating. "Popwork transforms any manager into a better manager. The impact on employee retention and engagement is immediate.”
Since it was founded in 2020, Popwork has rapidly accrued early business from growth-chasing SMEs, like PrestaShop and Foodles, as well as winning global corporates like energy major TotalEnergies.
Company: People over Process SAS
Raised: €1.5M
Round: Seed Round
Funding Month: November 2022
Lead Investors: Evolem
Additional Investors:
Company Website: https://pop.work/
Software Category: Employee Performance Management Software
About the Company: Popwork, the first tool that helps managers and team members work better together, was launched in 2020 to improve team management and adapt to deep changes such as the explosion of remote work or the emergence of hybrid work. Its solution is to provide a simple digital solution for great 1:1 meetings, feedback, and OKRs to managers and their teams. Popwork provides businesses with a real-time dashboard that provides insights into their employees' moods, workloads, and management practices to foster a positive and efficient management culture. It has already attracted hundreds of teams, ranging from startups to large corporations, in its quest to make team management work. Popwork now has 8 employees spread across Paris, Nice, Marseille, and Amsterdam.
Source: https://tech.eu/2022/11/28/popwork