# Winningtemp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/winningtemp

- Industry: Software
- Headquarters: Gothenburg, Sweden
- Website: www.winningtemp.se
- Total disclosed funding: $18M
- Latest round: Series B (Oct 8, 2020)
- Investors on record: 4

## About

Winningtemp AB is a technology company specializing in a platform that enhances employee engagement and well-being through data-driven insights and artificial intelligence.Founded in 2014 in Gothenburg, Sweden, Winningtemp AB provides a team success platform aimed at improving employee engagement. The company has secured a total of SEK 157 million across various funding rounds, with the most recent being a Series B round in October 2020 co-led by Bonnier Capital and Frog Capital. The firm has completed four deals to date. Pierre Lindmark serves as the CEO, and he co-founded the company alongside Mathias Fredlund.Winningtemp offers a team success platform designed to enhance employee engagement and well-being within organizations. This platform leverages data and artificial intelligence to provide actionable insights that enable leaders to understand, measure, and respond to the needs of their employees effectively. Key functionalities include bi-weekly surveys that gauge team sentiment and stress levels, facilitating timely interventions before issues escalate. Winningtemp serves a diverse clientele that includes organizations such as Volvo Car Retail and Länsförsäkringar Älvsborg, demonstrating its applicability across various industries. The product is utilized globally, with a customer base that spans numerous geographical markets, including Europe and North America, aimed at creating a culture of engagement and success within teams.Winningtemp operates on a subscription-based revenue model, providing its services primarily to businesses on a B2B basis. In 2022, the company reported a revenue of SEK 11,341,237.70, with an EBITDA of SEK -3,971,684.30. Clients subscribe to access the platform, which includes features such as regular employee surveys and actionable feedback mechanisms. The transaction structure typically involves a tiered subscription plan, allowing organizations to choose packages based on the number of users and level of service required. Each subscription provides organizations with tools to track and improve employee engagement, ultimately driving better business outcomes. Winningtemp’s consistent engagement with its user base, as evidenced by an 85% response rate in surveys, underscores the platform's value in fostering a productive workplace environment.In October 2020, Winningtemp AB raised SEK 157 million in Series B funding, co-led by Bonnier Ventures and Frog Capital. The capital from this funding round is intended to support the development of new products and expand into new markets, with a focus on enhancing their technology and broadening their global reach. The company is targeting expansion into additional regions across Europe and North America, aiming for completion of these initiatives by the end of 2023.

## Funding rounds

- Series B, Oct 8, 2020, $18M — Frog Capital, Bonnier Capital
- Seed, Oct 31, 2017, $0.1M — Chalmers Ventures, ALMI Invest
- Seed, Feb 18, 2016, $0.3M — Chalmers Ventures, ALMI Invest

## Investors

- Chalmers Ventures (https://capitalatlas.ai/funds/chalmers-ventures) — Seed
- ALMI Invest — Seed
- Frog Capital (https://capitalatlas.ai/funds/frog-capital) — Series B
- Bonnier Capital (https://capitalatlas.ai/funds/bonnier-capital) — Series B