Escalate, a Silver Spring, MD-based provider of an enterprise technology platform that reduces frontline employee turnover through targeted upskilling and customized support systems, raised $1.26M in Pre-Seed funding.
Backers included RockCreek, Potencia Ventures, TEDCO, Techstars, ECMC Foundation, Gurtin Ventures, Blue Zone Partners, Future State, and Brad Collins.
The company intends to use the funds to scale operations and expand its business reach.
Led by CEO Sean Segal, and President Sienna Daniel, Escalate leverages artificial intelligence and machine learning to identify a company’s overlooked incumbent workers, and then provides skills training empowered by automated coaching, facilitated community and on-demand champions — all designed to reduce absenteeism and increase retention.
FinSMEs
12/10/2023