WorkBuzz, a Milton Keynes, England-based fast-growing employee engagement platform, raised a £1.5 million investment for international expansion and the creation of 15 new jobs.
The funding comes from its existing backers Mercia and Foresight, both of which invested via the Midlands Engine Investment Fund (MEIF), alongside funding from private investors.
The latest funding will enable WorkBuzz to expand its sales and marketing team and ‘internationalize’ the platform, by adding new features and languages in preparation for further expansion, having already attracted a range of new clients in Australia.
The company is planning a Series A fundraising in 2023.
Company: WorkBuzz Analytics Limited
Raised: £1.5M
Round: Unknown
Funding Month: June 2022
Lead Investors: Mercia and Foresight
Additional Investors:
Company Website: https://workbuzz.com/
Software Category: Employee Engagement Platform
About the Company: Founded in 2018 by Steven Frost, WorkBuzz offers an HR platform that helps organizations build great company cultures by gaining regular, bite-sized feedback from their people. WorkBuzz helps organizations to gather real-time feedback from their people, improve employee experience and build a more inclusive culture. HR managers are able to launch surveys in minutes, while algorithms help them analyze responses and highlight any areas for potential improvement. WorkBuzz's mission is to help organizations create cultures where every voice matters and every person can be their best. It is now used by clients including Shell Energy, Premier Foods, HS2, Hovis, and restaurant chain Five Guys.
Source: https://workbuzz.com/news/workbuzz-prepares-to-go-global-after-1-5m-investment/