# Impraise

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/impraise-b-v

- Industry: Software
- Headquarters: Amsterdam, Netherlands
- Website: www.impraise.com
- Total disclosed funding: $12M
- Latest round: Series A (Jul 25, 2018)
- Investors on record: 5

## About

Impraise B.V. is a performance management and employee engagement company that enhances workplace culture through continuous feedback and recognition tools, aimed at fostering productivity and team cohesion.Founded in 2014, Impraise B.V. operates out of Amsterdam, Netherlands. The company specializes in performance management solutions designed to improve employee engagement. Bas Kohnke and Filipe Dobreira are the founders. The company raised USD 10.60 mn in a Series A round led by Keen Venture Partners, marking its latest funding round on September 17, 2021. Impraise has completed a total of 4 deals.Impraise offers a suite of performance management and employee engagement tools that promote continuous feedback, peer recognition, and performance reviews. These products assist organizations in highlighting team strengths and creating tailored recognition programs that align with specific goals, fostering a positive work environment. With a diverse client base across technology, education, and healthcare sectors, Impraise's solutions are utilized by various organizations aiming to cultivate a culture of appreciation, benefitting both large enterprises and small businesses.Impraise's revenue model is primarily subscription-based, offering tiered pricing plans suited to different organizational needs. Clients engage in either annual or monthly subscription agreements, which provide access to the complete range of performance management tools. This flexible structure allows organizations to scale their subscriptions based on user count and necessary features, with additional customized solutions available for larger enterprises looking for tailored implementations.Following its acquisition by BetterUp, Inc. in September 2021, Impraise aims to leverage the support of BetterUp to expand its reach in the European market and accelerate product development. The recent funding will facilitate the design and launch of new products aligned with this growth strategy.

## Funding rounds

- Series A, Jul 25, 2018, $11M — henQ, Keen Venture Partners
- Seed, Apr 12, 2016, $1.6M — henQ, China Growth Capital, Palm Drive Capital
- Angel, Aug 11, 2014 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Angel
- henQ (https://capitalatlas.ai/funds/henq) — Seed, Series A
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Seed
- Palm Drive Capital (https://capitalatlas.ai/funds/palm-drive-capital) — Seed
- Keen Venture Partners (https://capitalatlas.ai/funds/keen-venture-partners) — Series A