LifeGuides, a Tempe, AZ-based provider of a platform for enterprises to increase retention and recruiting, while reducing presenteeism loss, and enhancing a Culture of Caring, raised $1M in follow-on funding.
North Shore Venture Partners made the additional $1m investment, whcich brings its total funding to $2m, including five prior investments.
The company intends to use the funds to accelerate growth and brings it closer to its planned Series A Preferred financing in 2020.
Led by Mark Donohue, CEO and Founder, LifeGuides helps companies with its network of trained and experienced Guides, to support employee families through an array of Life Challenges. Outcomes for an enterprise can include:
– Reduced Presenteeism Loss
– Reduced Absenteeism
– Improved Focus, Well-Being & Creativity
– Achieving Better Retention & Recruitment
– Reduced Health Insurance Claims
– Enhancing your Culture of Caring