2 years ago
Loopin Secures £1.6 Million Seed Funding to Scale Employee Morale Platform
Loopin, a Bristol, UK-based provider of a platform that helps businesses measure and improve employee morale, has raised £1.6M in Seed funding from undisclosed individuals and angel investors
The company plans to use the funds to scale its platform as it transitions from Beta to General Availability
Loopin's SaaS platform helps managers assess and manage team morale through daily check-ins, behavioral analytics, generative AI coaching, and integrations with Slack and Microsoft Teams
The company currently has 40 paying customers, including Reed, FarFetch, and JD Sports
The upcoming Early Access version of the platform will include a new Generative AI coaching feature, providing managers with actionable tips on team support, cohesion, and high-performance culture.
ProblemTechnology
"Loopin is addressing the challenge of measuring and improving employee morale, which is crucial for maintaining a productive and positive work environment."
Solution
"Loopin offers a SaaS platform that utilizes daily check-ins, behavioral analytics, and generative AI coaching to help managers effectively manage team morale and create high-performance teams."