TMCnet News
Culture Amp announces new funding to empower companies everywhere to put culture firstSAN FRANCISCO, June 15, 2017 /PRNewswire/ -- HR Tech World: Culture Amp announced yesterday that it has raised a Series C round of $20 Million led by Sapphire Ventures. Previous investors, including Index Ventures, Felicis Ventures and Blackbird Ventures, also participated. As part of the raise, Kevin Diestel, Principal at Sapphire Ventures, will be joining Culture Amp's Board of Directors. Culture Amp is poised to extend its leadership of the people analytics movement through its beloved employee feedback platform, industry-leading research and rapidly-expanding community. The funding will be used primarily to grow the Culture Amp team across their four major offices: Melbourne, San Francisco, New York and London. They will continue to invest in developing the field of people analytics, and making it easy for companies everywhere to collect, understand and act on employee feedback. Their efforts are spearheaded by a global People Geek community, which is over 40,000 members strong. "People have always been a business's richest resource. As aleader in making people analytics tools accessible, Culture Amp is ensuring that culture comes first for companies across the globe," said Diestel. "Many of our portfolio companies are already Culture Amp customers and we expect many more to join the wave. When they think culture, they think Culture Amp." Built by Culture Amp's team of organizational psychologists and data scientists, the platform is easy to use and automatically surfaces valuable insights and recommended actions. The company currently serves over 1,000 customers, including Airbnb, Slack, Adobe, Estée Lauder, Warby Parker and Lyft. "We owe our growth to incredible advocacy from our customers, as illustrated by our exceptional Net Promoter Score, which has remained above 65 since we started collecting this feedback," said Culture Amp CEO, Didier Elzinga. "What is especially gratifying is that we've achieved these incredible results without compromising on our commitment to building a culture first company at scale." About Culture Amp: About Sapphire Ventures: Contact person: JD Peterson, Chief Growth Officer, [email protected] Photo - http://mma.prnewswire.com/media/523737/Culture_Amp_CEO.jpg |