Officevibe, a Montreal, Canada-based provider of an employee engagement platform, raised $1M in seed funding.
GSoft Ventures made the investment.
The company intends to use the funds to continue to build the product.
Led by Dan Benoni, CEO, Officevibe aims to solve the problem of disengaged employees (what they refer to as The Working Dead) who are costing companies in the US over $550 Billion in lost productivity. To this end, it provides a real-time platform for companies to measure and increase participation, engagement and company culture. The solution leverages a “one question a week” approach that aggregates employee’s anonymous responses in order to provide a real-time dashboard for managers to view where problems may lie. The system then automatically makes recommendations on how to improve based on the data collected, with recommendations also available in the form of written feedback collected from employees.
Launched 5 months, Officevibe already has thousands of customers in 64 countries, from startups like UserVoice to large enterprises like Bose. It has established partnerships with Yammer and Microsoft and integrations while, according to a note, integrations with Slack, BambooHR and Zenefits are next to close.