8 years ago
Peakon Secures €6.1 Million in Series A Funding Led by EQT Ventures
Peakon, a London and Copenhagen-based people analytics company, closed €6.1m in funding led by EQT Ventures, with participation from existing investors IDInvest, Sunstone and angel investor Tommy Ahlers
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
The company, which works with hundreds of enterprises, 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.
ProblemTechnology
"Many companies have difficulty understanding what their employees think, feel, and need to stay motivated and engaged, leading to high turnover rates and lack of productivity."
Solution
"Peakon provides a SaaS-based platform that generates insights through the automated collection of employee feedback, using machine learning techniques, to understand what motivates employees, what problems they have, and how those problems can be fixed, enabling companies to create improvements and increase employee satisfaction."