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Foresight And Mercia Back Hr Platform Workbuzz In £1.5M Funding Round

Jun 28, 2022about 3 years ago

Amount Raised

£1.5 Million

Round Type

seed

Milton Keynes

Description

Employee engagement platform WorkBizz has raised £1.5 million in an investment round from from its existing backers Mercia and Foresight, both of which invested via the Midlands Engine Investment Fund (MEIF), alongside funding from private investors.

Company Information

Company

Work Buzz

Location

Milton Keynes, England, United Kingdom

About

The Milton Keynes-based company has more than doubled the size of its team since the original investment in March 2021, and now employs 35 staff, with plans to create an additional 15 jobs by the end of the year. The company is planning a Series A fundraising in 2023. The latest funding will enable WorkBuzz to expand its sales and marketing team and ‘internationalise’ the platform, by adding new features and languages in preparation for further expansion, having already attracted a range of new clients in Australia.