Workvivo
Latest round
- Series B
Last raised
- Jun 2022
Total raised
- $38M
Investors
- 3
About Workvivo
Workvivo Limited, founded in Cork, Ireland in 2017, provides a dedicated platform for employee experience. Joe Lennon and John Goulding co-founded the company, which has undergone significant growth since its inception. In April 2023, Workvivo was acquired by Zoom Video Communications, Inc. for EUR 250 million, enabling further integration of services. The company has completed four deals to date, attracting investments from notable organizations such as Meta and Waze Ltd.Workvivo's primary offering is a comprehensive employee experience platform designed to enhance communication, engagement, and company culture across various organizational structures, including both frontline and desk-based teams. The platform's core functionalities include a modern communication suite that integrates chat, emails, and livestreams, alongside employee listening tools that gauge sentiment and identify improvement opportunities. Workvivo serves a diverse clientele, including enterprises like Virgin Group and Ryanair, and is utilized in global markets such as healthcare, retail, aviation, and technology. Additionally, the platform features tools for employee recognition, virtual assistance for workplace efficiency, and analytics for performance tracking, all aimed at fostering a connected and engaged workforce.Workvivo generates revenue primarily through a subscription-based model where organizations pay for access to its employee experience platform. Clients engage with the company for tailored solutions that align with their internal communication and engagement strategies. The transactions typically involve annual or monthly subscriptions that grant access to all platform features, including employee insights and digital form management tools. Although specific pricing plans are not disclosed, the platform encompasses a range of services that cater to different organizational needs, with offerings designed to scale for both small businesses and large enterprises.Following its acquisition in April 2023, Workvivo plans to leverage the support from Zoom Video Communications, Inc. to enhance its product offerings. The integration aims to introduce new functionalities that will be announced in the upcoming quarters. The company is also looking to expand its reach into new geographic markets, which may include North America and Asia, as it aims to solidify its presence globally.
Who invested in Workvivo
3 investors across 2 rounds
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Questions about Workvivo
Who invested in Workvivo?
Workvivo has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Workvivo raised?
Workvivo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Workvivo last raise money?
Workvivo's most recent round on record is a Series B, in Jun 2022.
What does Workvivo do?
Workvivo Limited, founded in Cork, Ireland in 2017, provides a dedicated platform for employee experience.
Where is Workvivo headquartered?
Workvivo is headquartered in Cork, Ireland.
Which VCs invest in companies like Workvivo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Workvivo's stage. Their profiles are linked below.
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