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Workvivo Raises $22M Series B From Tiger Global As Employee Experience Market Booms

Jul 07, 2022•about 3 years ago

Amount Raised

$22 Million

Round Type

series b

Boston

Description

Workvivo, the employee experience app designed to emotionally connect and engage employees everywhere, today announces $22 million in new funding led by Tiger Global. The new funding more than triples the value of the employee communications company.

Company Information

Company

Workvivo

Location

Boston, Massachusetts, United States

About

Workvivo is a new breed of employee communication platform designed to help companies reach, engage and truly connect to their employees in ways that traditional tools can’t. It’s your intranet, internal comms tool, employee app, all merged into one familiar social experience at the very heart of your digital workplace. Workvivo has seen an annual growth of over 150% year-on-year, and has added 300 customer organizations from 100 to 100,000 employees in over 90 countries. Customers include Fortune 500 companies across industries from healthcare and retail to hospitality and manufacturing, Workvivo is on a mission: to elevate everyone’s workplace experience. To date, Workvivo has received backing from Tiger Global, Zoom founder Eric Yuan and Frontline Ventures. Workvivo regularly tops software review sites, including Gartner Digital, with a #1 spot on G2 for internal communications, intranet and engagement tool categories.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech