HappySignals, a startup working to help businesses to improve their internal culture, has raised more than $5 million in a Series A funding round backed by Nauta Capital.
Workforce management is a growing market, with analysts at Grand View Research predicting the industry could be worth up to $11 billion by 2025.
Founded in 2014, Helsinki-based HappySignals gives enterprise firms an "employee experience management platform," allowing them to identify what needs to change so they can improve employee happiness and productivity.
HappySignals' platform allows employers to measure workers' "happiness" and productivity. The company says it has done so for more than two million employees at firms across 130 countries. The startup says its clients have, on average, seen a 26% reduction in time lost to IT issues as a result.
The firm raised €4.7 million in total, with the backing of Nauta and Vendep Capital, as well as a string of angel investors.
We got an exclusive look at the pitch deck HappySignals used to bring them on board:
