SocialChorus Receives $10 Million Debt Facility from | News
Summary
Toronto — December 2, 2019 — Espresso Capital announced today that it has provided workforce communications platform SocialChorus with a $10 million credit facility. Today, the company helps some of the world’s largest global brands improve the employee experience, including AB InBev, Dow, CSL Behring, Kohler Co., Cargill Inc., American Cancer Society, and PVH Corp. With its comprehensive, end-to-end communications platform, SocialChorus automates and extends communications across the enterprise to align teams around company goals so they can work as one. “The facility from Espresso will provide us the additional capital and runway we need to accelerate our momentum and achieve important financial and operational milestones in 2020. We’ve built the only end-to-end solution that can reach, inform, and align every employee from the shop floor to home office. Employees get what they need, communicators and leaders focus on the message, and the platform takes care of the rest.
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