Wooboard woos angel group Elevation Capital
Summary
Angel investment group Elevation Capital has taken a minority stake in Pollenizer-backed online human resource tool Wooboard, with plans to take the business global. Elevation Capital, formed by Mark Greig and Trevor Folsom, typically invests in tech companies based in Australia. Wooboard is a collaborative online human resource tool designed to boost workplace morale and improve productivity. It’s a pretty lofty goal – create a really simple system that multiplies the value of workplace recognition.” According to Liubinskas, there are already 30 companies using Wooboard, with another 150 indicating their interest in the tool. “Elevation Capital is very excited by the idea of boosting recognition and morale in teams… They describe themselves as culture capitalists,” Liubinskas says.