Micro Benefits China
Latest round
- Series B
Last raised
- Jan 2014
Total raised
- Undisclosed
Investors
- 1
About Micro Benefits China
Founded in 2010 and headquartered in Suzhou, China, Micro Benefits China specializes in employee engagement solutions, particularly through its CompanyIQ platform. The company has undergone strategic changes to focus on comprehensive HR tools and services. Michael Swope, the founder, has a history in developing technology solutions.MicroBenefits offers a comprehensive suite of tools designed to enhance employee engagement within organizations, primarily through its flagship product, CompanyIQ. This mobile platform facilitates the communication and training of employees in various industries, particularly in manufacturing sectors across markets in Asia, including China. CompanyIQ's functionalities include gamified learning modules that educate workers on compliance, safety, and personal and professional development, thereby addressing challenges related to employee well-being and productivity. The platform also provides automated HR tools for transparency in wages, hours, and benefits, fostering trust and operational efficiency within the workforce.MicroBenefits generates revenue through subscription-based models for their CompanyIQ platform, catering to a diverse array of clients, predominantly in the B2B sector, such as manufacturing firms looking to improve employee engagement and retention. Clients typically partner with MicroBenefits to implement CompanyIQ, paying fees based on the number of employees utilizing the platform. This structure allows companies to access a suite of services that includes employee training programs, feedback channels, and HR tools. Pricing plans are designed to scale according to the size of the organization, with costs associated with specific services linked to the level of engagement and the number of features implemented. The company also aims to expand its operations into additional Asian markets, targeting regions with growing manufacturing sectors by 2022.00 mn will support these initiatives, allowing for enhanced product development and market entry strategies.
Who invested in Micro Benefits China
1 investor across 1 round
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Funding rounds
Series B
Jan 6, 2014
Amount
Undisclosed
Investors
Questions about Micro Benefits China
Who invested in Micro Benefits China?
Micro Benefits China has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Micro Benefits China raised?
Micro Benefits China has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Micro Benefits China last raise money?
Micro Benefits China's most recent round on record is a Series B, in Jan 2014.
What does Micro Benefits China do?
Founded in 2010 and headquartered in Suzhou, China, Micro Benefits China specializes in employee engagement solutions, particularly through its CompanyIQ platform.
Where is Micro Benefits China headquartered?
Micro Benefits China is headquartered in Suzhou, China.
Which VCs invest in companies like Micro Benefits China?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Micro Benefits China's stage. Their profiles are linked below.
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