WorkHound, a Chattanooga, TN- and Des Moines, Iowa-based employee feedback management platform provider, completed a $12m Series A funding.
The capital was provided by Level Equity.
The company intends to use the funds to add to its employee headcount, expand product offerings, and grow its presence in trucking and additional supply chain verticals.
Founded in 2015 by Max Farrell and Andrew Kirpalani in Des Moines, Iowa, before adding a second headquarters in Chattanooga, Tennessee, WorkHound provides a platform that enables employers to receive instant and anonymous workforce feedback so management can address those matters as part of their employee retention efforts. Initially, the company focused on the trucking space since driver turnover is a significant pain point experienced across that entire industry. As employee retention needs have spread into additional supply chain markets, the platform and data-backed insights are being sought out on a far larger scale.
The company now boasts a national footprint, powered by a fully remote team.
FinSMEs
17/03/2022