Nearly 30% of corporate employees believe their employer does not recognize their achievements. Almost 60% of employees rate communication or wellness as their employers’ lowest quality. And about 40% of employees say they are overly stressed due to their work.
These challenges in the workplace inspired the launch of CultureIQ two years ago: We aim to give every employee a voice and provide organizations the tools to listen – and more importantly, to act. As a SaaS solution, we provide a framework to collect employee feedback, actionable insights, reporting tools, and data-driven solutions to hundreds of businesses, from multinational Fortune 500 companies to fast-growing startups.
We have grown significantly since our product launch 12 months ago. CultureIQ works with over 400 outstanding organizations around the world, including MailChimp, GlaxoSmithKline, and General Assembly. Our core survey is now available in 11 languages, including Spanish and Mandarin. We have built robust reporting and analytics tools after listening to our clients’ needs. Earlier this year, we launched culture strategy services. CultureIQ offers both a tech-enabled, data-driven platform as well as a human touch, with the introduction of our Culture Strategy Group. We’ve been busy! But we are just getting started.
Today, I am pleased to share that CultureIQ has raised $3 million in seed funding from some of the most respected and supportive investors in the world. We are proud to welcome Lerer Hippeau Ventures, who led the round, accompanied by Pritzker Group Venture Capital, Founder Collective, and nearly 20 of our original angel investors, including Thatcher Bell, Managing Partner at CoVenture and Venture Partner at Gotham Ventures, and Josh Weinreich, former Global Head of Hedge Funds at Deutsche Bank.
This investment strengthens CultureIQ and allows us to accelerate our mission to build a platform that help millions of people feel engaged, successful, and happy at work – and in life.
Founder and CEO