Whale, a Ghent, Belgium-based SaaS tech company that provides knowledge-sharing and training platform for SMEs, announced that it raised €2.5 million in funding.
The investment was from existing investors Volta Ventures and Peak to allow companies to turn their processes and SOP documentation into a channel for employee training and growth.
The funds will be used to further innovate and expand in Europe and throughout the US, the latter of which currently accounts for over 70% of the company’s customer base.
Attracting Belgium’s top talent has been the team’s focus in order to deliver competitively in a global market. “With the investment, we will be able to scale our team and continue to expand on our product roadmap for SMEs and entrepreneurs,” says Gary Vanbutsele, CEO & Co-Founder of Whale.
Company: Whale BV
Raised: €2.5M
Round: Unknown
Funding Month: April 2023
Lead Investors: Volta Ventures and Peak
Additional Investors:
Company Website: https://usewhale.io/
Software Category: Educational Software
About the Company: Whale is the knowledge and training platform that helps centralize your processes, SOPs, policies, and tribal knowledge. The company's service connects users to their every process, policy, and procedure, and delivers contextual, bite-sized content in the moment of need, allowing client companies to spend less time training and onboarding new employees. The company is on a mission to help scale-ups unlock growth to the next level of growth.
Source: https://www.businesswire.com/news/home/20230425005098/en/Belgian-Startup-Whale-Raises-2.5-Million-Euros-to-Boost-Knowledge-Sharing-and-Employee-Training-for-Companies-Worldwide