HighGround, a Chicago, IL-based employee engagement platform provider, closed a $7.6m Series A1 financing.
The round was led by KDWC with participation from existing investors Columbus Nova Technology Partners and Lightbank.
The company, which has collectively raised more than $19m, intends to use the funds to expand its sales and marketing efforts.
Led by Founder and CEO Vip Sandhir, HighGround operates a mobile and social platform that engages employees at all levels of an organization as follows:
– managers have access to tools that facilitate coaching conversations;
– employees create their own goals, recognize one another’s accomplishments and share opinions and sentiments; and
– HR leaders and executive teams get insights into their workforce.
The platform aggregates a history of employee and manager interactions in a repository that gives visibility into what people are doing, their history and experiences at work, and how they progress in their careers, in order to allow leaders to address specific business problems, such as how to improve sales productivity, reduce fraud or accidents and improve retention.
FinSMEs
18/03/2016