FOUNT Global, Inc. Secures $8M to Remove Friction from Work
Summary
"Post-pandemic shifts in employee expectations and CEOs prioritizing efficiency across their global organizations have put pressure on HR leaders looking for smarter ways to hang on to the people most important to their business and remove friction from their daily work," said Daniel Hanks, General Partner at Lavrock Ventures and member of the FOUNT Board of Directors. "FOUNT has made significant traction in large enterprises by seizing on these trends and addressing a business issue that is both timely and timeless. FOUNTs origins in the EX space give the company a unique perspective into the complexity of measuring countless and cumulative points of friction that cause employees to disengage and leave. With FOUNTs solution, we see an opportunity to dig deeper and expand our current listening methodology to build a consistent and sustainable experience for our team members. The additional funding will be used to launch new features targeting key talent segments and further advance the product and technology infrastructure.FOUNT CEO Christophe Martel commented, "Our solution addresses a challenge shared by both HR and Business leaders to reduce the headwinds people encounter at work.
Funding
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