Enboarder raises $12m
Enboarder has to date raised $12m from VCs who love the founder and team.
What Enboarder Does
Enboarders onboarding software relieves HR of operational processes, delivers personalized experiences and drives human connection well before new hires begin their roles.
It delivers intelligent nudges and personalized communications for managers and employees alike.
Global companies — including McDonald’s, Hugo Boss, EA Games, Eventbrite, Gap, Verizon, Wyndham and, most recently, Compass, the 10,000-employee real estate brokerage firm – have used its service to deliver onboarding experiences aimed at boosting employee happiness, productivity, and retention.
Who has invested
Enboarder today announced it has raised $8 million to give employers better ways to bring new employees onboard.
Greycroft, which participated in Enboarder’s previous funding round of $4 million, is the lead investor in the new round, which brings the company’s total funding to $12 million. New investors Next Coast Ventures and Stage 2 Capital also participated in the round.
Laurence Schwartz at “our Innovation fund LP” supported by Jerry Stesel , Geoff Levy and Dave Shein was a 2016 investor
So what is Enboarder’s Unique Selling Proposition?
Enboarder CEO and founder Brent Pearson in a statement. “We’re living in an experience era, and yet we welcome new hires with a process. Employees have all the power today and place a premium on experience. We provide that experience for the Organisation.”
“Companies that do not adopt solutions to power an exceptional employee experience will lose the war for talent,” said Greycroft principal Will Szczerbiak.
“Customers absolutely love it, the team is terrific and has executed flawlessly since we joined the seed in 2018, and we feel strongly that Enboarder will become the category leader of this emerging part of the HR tech stack.”
“We work hard each and every day to partner with exceptional founders and to add material value to help them realise their dreams and take on the world, and we are super proud to announce our 2016 Investee Enboarder’s US Series A round, raising approx $12 million from US VCs Greycroft, Next Coast Ventures and Stage 2 Capital.” Laurence Schwartz at “our Innovation fund LP” supported by Jerry Stesel , Geoff Levy and Dave Shein
The Next Stage
Austin-based Enboarder is planning to double its 40-person team in the next 12 months, with the new investment also helping build out the company’s sales, marketing, customer success, and product functions.