Perkbox, the London-based startup now calling itself an “employee experience platform,” has raised an extra £13.5 million in funding. The spherical is led by present investor Draper Esprit, alongside quite a lot of earlier Perkbox angels. Prior to this, the corporate, which launched in 2015, had raised £11 million.
Targeting firms of all sizes, from SMEs to bigger companies, Perkbox’s platform lets employers give workers an a variety of benefits and rewards to counterpoint their work and private life. The broader intention, in fact, is to enhance retention and employees well-being.
The providing now spans a number of merchandise past its “perks” origins, together with card-linked loyalty and medical provision. In addition, Perkbox permits firms to measure worker sentiment to assist break down silos between administration and groups, and to let workers give recognition to at least one one other. This can both be peer-to-peer or high down from administration.
“With this new suite of products, we transitioned from an employee ‘engagement’ platform to an employee ‘experience’ platform,” Perkobox co-founder and CEO Saurav Chopra tells me. “[All] with the intention of serving to employers enrich the non-public and dealing lifetime of workers by catering for the complete spectrum
of worker wellbeing: monetary, bodily and emotional”.
Headquartered in London but additionally with places of work in Sheffield, Paris and Sydney, Perkbox says the brand new funding will likely be used to finance the corporate’s growth operations in Australia and France.
longside this, it can put money into scaling the event and distribution of Perkbox’s new merchandise: Perkbox Medical, Perkbox Insights and the platform’s card-linked PerksGo function — all of which had been launched late final 12 months.