innerlogic secures $1.3M seed financing
Summary
CPE News (6.28.2024) innerlogic has raised $1.3M in seed funding led by Concrete Ventures with Tidal Venture Partners, Techstars, Middle Cove Capital, and others.Founded by CEO Bryce Tully, President & CEOO Mike Bawol, Bedford, Nova Scotia based innerlogic, through its innovative AI-SaaS platform, provides businesses with in-depth analysis & reporting, behaviour-based coaching actions, and company alignment & accountability mechanisms in a user-friendly interface.innerlogic plans to use the funds for sales and marketing, Go-To-Market, and product development and has brought on the services of growth consultancy, Chapter 3 Ltd., to support the creation and execution of these efforts.Innerlogic, an AI-based culture transformation company, closes $1.3M plus in oversubscribed seed roundHalifax, Nova Scotia June 27th, 2024 innerlogic, an AI-powered culture intelligence company, announces the closing of their seed round led by Concrete Ventures with Tidal Venture Partners, Techstars, and Middle Cove Capital as follow on funds.The Halifax-based company is at the forefront of transforming corporate culture and its impact on performance through their innovative AI-SaaS platform, saving clients hundreds of hours turning complex people data into tangible ROI.Innerlogic founders Bryce Tully, CEO, and Mike Bawol, President & COO, have leveraged their combined experiences working at four different Olympic Games empowering high-performance teams. Based on their experience working with Team Canada in the highest pressure environments in sports, Tully and Bawol consider culture to be at the forefront of achieving amazing results.While a locker room at the Olympics may seem like a stark contrast to a corporate boardroom, the key principles and strategies of building high-performance teams are universal and pervasive, says Bryce Tully, CEO and co-founder of innerlogic. This investment will allow us to scale innerlogic to transform organizations across every industry while focusing on turning culture into a true driver of performance and results. We are blown away by the teams technical knowledge and their innovative incorporation of AI to address this massive challenge and opportunity to high-performance culture.Innerlogic plans to use the funds for sales and marketing, Go-To-Market, and product development and has brought on the services of growth consultancy, Chapter 3 Ltd., to support the creation and execution of these efforts.Founded in 2020 by former Olympic performance and culture leads, innerlogic is at the forefront of transforming corporate culture and its impact on performance. Through their innovative AI-SaaS platform, innerlogic provides businesses with in-depth analysis & reporting, behaviour-based coaching actions, and company alignment & accountability mechanisms in a user-friendly interface.