Valence, a New York-based leading teamwork platform, announced that it raised $25 million in Series A funding.
The round was led by New York-based private equity and venture capital Insight Partners, with additional investments from existing investors.
This round of funding will be used to meet growing market demand and attract premier talent.
Company: Get Pegasus Inc.
Raised: $25.0M
Round: Series A
Funding Month: May 2022
Lead Investors: Insight Partners
Additional Investors:
Company Website: https://www.valence.co/
Software Category: Teamwork Platform
About the Company: Founded in 2017, Valence is the only teamwork platform used by Fortune 500 companies. Valence helps managers leverage data and on-demand industry-leading expertise to accelerate the team health, connectivity, and performance required for today's workplace. Valence gives every manager the tools and insights they need to understand their team's health in real-time, intervene with powerful guided conversations, and set and track shared commitments to team improvements. Valence's easy-to-use, web-enabled team experience modules eliminate the need for expensive coaches and talent team interventions, putting managers in the driver's seat of their team experience. Managing has never been harder, and Valence eases the burden managers bear by helping them develop and support their teams while also driving performance and improvement.
Source: https://www.prnewswire.com/news-releases/valence-raises-25m-to-help-enterprises-build-stronger-teams-and-more-productive-workplaces-at-scale-301538986.html