In addition to regional expansion, Elzinga says Culture Amp will continue to invest in building diverse and collaborative communities across the globe. With this new raise, Culture Amp plans to expand more deeply within industries and geographic regions that are tackling seismic changes in workplace culture head on, including EMEA, Latin America and Asia. “It also underpins the deepening sophistication of one of our core competitive differentiators – our platform’s ability not only to pinpoint what is going on, and what to do about it, but to also drive the change necessary to bridge the knowledge to action gap at all levels of the organization.” “This round of funding will help us to continue to deliver on our mission of building a better world of work by getting the Culture Amp platform into the hands of more people, and more leaders, who believe that culture is the biggest lever that you have to be successful,” said Didier Elzinga, CEO and co-founder of Culture Amp. Culture Amp has carved out a dominant niche in the global market.” Steven Ji, Partner of Sequoia Capital China, added, “Sequoia Capital China’s substantial investment in this stage of Culture Amp’s growth underscores our confidence that they have the vision and the leadership team in place to help companies take action on complex workplace issues. The company has offices in Melbourne, San Francisco, New York and London, and employs nearly 400 people. Earlier this year, Culture Amp acquired award-winning performance management company Zugata Inc. Culture First brought 1,200 HR practitioners and culture change leaders together to discuss how to more effectively impact workplace culture. Last month, Culture Amp hosted its second annual global conference, Culture First, in San Francisco. To date, Culture Amp has amassed collective intelligence from more than three million employee surveys and has built the largest independent dataset in the industry.Ĭulture Amp currently serves more than 2,500 global customers. The financing, which brings the total funds raised by the company to over $158 million USD, will be used to accelerate Culture Amp’s global expansion and the development of innovative products and offerings that enable companies to build a better world of work. New investors Global Founders Capital and TDM Growth Partners also supported the round. Sequoia Capital China, a new investor in Culture Amp, led the round, with participation from existing investors Sapphire Ventures, Felicis Ventures, Index Ventures, Blackbird Ventures, Hostplus, Skip Capital and Grok Ventures. It has since added performance management and predictive capabilities that provide leadership teams with actionable engagement, retention and productivity metrics and trends. The HR technology company was founded in 2011 as an early pioneer in generating real-time employee feedback, powered by the insights of behavioral science and data analytics. SAN FRANCISCO-( BUSINESS WIRE)- Culture Amp, the People & Culture Platform, announced today it has raised $82 million USD in a Series E round of funding.
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