Peakon, a London and Copenhagen based people analytics company, closed €6.1m funding.
The round was led by EQT Ventures, with participation from existing investors IDInvest, Sunstone and angel investor Tommy Ahlers.
Since launching in early 2016, Peakon has been rapidly adopted by hundreds of enterprise clients such as World First, Trinity Mirror, Secret Escapes, and Lombard Risk.
Founded in December 2014 by Kasper Hulthin (Podio – acquired by Citrix), Christian Holm (Podio), Phil Chambers (Gumtree – acquired by eBay, Qype – acquired by Yelp, Podio), and Dan Rogers (Qype, Songkick), Peakon provides a SaaS-based platform that generates insights through the automated collection of employee feedback via web and mobile apps, which is then analyzed using machine learning techniques, to understand what motivates employees, what problems they have, and how those problems can be fixed and to create improvements.
The company, which works with hundreds of enterprises, including Trinity Mirror, Secret Escapes, LHH Penna (part of the Adecco group), World First, Delivery Hero, Opera, Urban Airship, Adzuna and Depop, already operates across three locations in Copenhagen, Denmark; London, UK; and Raleigh, US, and is expected to treble headcount to over 100 in the next 12 months.