Wavy, a Toronto, Canada-based culture management platform for flexible teams, raised a CAD 2.5 million seed round to establish its platform as the place where culture happens.
The round was led by Laconia Capital, with participation from Garage Capital, Two Small Fish Ventures, Archangel, Equation Angels, Backbone Angels, and others.
This funding will be used to: fuel the ongoing development of its culture platform, grow its global team of Wavers, expand our marketplace of experience creators, and engage one million employees across our customer base.
Company: Wavy Travel Inc.
Raised: CAD2.5M
Round: Seed Round
Funding Month: April 2022
Lead Investors: Laconia Capital
Additional Investors: Garage Capital, Two Small Fish Ventures, Archangel, Equation Angels, and Backbone Angels
Company Website: https://www.joinwavy.com/
Software Category: Culture Management platform
About the Company: Wavy is a culture management platform for flexible teams, Today, its Culture Management Platform acts as the central hub that enables leaders to build company culture with their people, not for them. Wavy’s mission is to help companies build a meaningful culture, no matter where their people are located. Since launching its Experience Marketplace in spring 2020, over 10,000+ employees have engaged in experiences across food, drink, games, arts, wellness, and entertainment. Along the way, Wavy got to partner with 30+ small businesses to bring these events to life. Wavy worked with companies around the world, this includes high-growth tech companies like Loopio, Wattpad, FundThrough, Guusto, Relay Financial, and Achievers; and large enterprises such as Intuit, Shopify, Deloitte, and Intact.
Source: https://www.joinwavy.com/blog/wavy-raises-seed-funding-to-be-the-platform-where-company-culture-happens