Employee-Centric Success Platform Centrical Closes $32M

Centrical today announced the closing of a $32 million funding round led by Intel Capital, a new investor, and JVP, the company’s largest shareholder. The round also included participation from C4 Ventures and Citi Ventures, also new investors, as well as existing investors Aleph, CE Ventures, La Maison Compagnie d’Investissment and 2B Angels.

“Over the prior eleven months, customer usage of the Centrical platform grew by more than 500%. That’s a clear indication Centrical is key to forming performance-driven cultures in businesses,” said Gal Rimon, Centrical’s Founder & CEO. “Centrical will dominate the Employee-Centric Success category because of our ability to understand the role employees play in an enterprise, and offer the right way to engage them to create a win-win engagement. This investment lets us bring an even more compelling set of solutions to more organizations to make employees the center of their business success.”

The company will use this investment to accelerate market engagement, enter new markets, and enhance customer value by the creation of additional solutions attuned to the needs of organizations and their employees who operate in an increasingly hybrid work environment.

Announcement: Employee-Centric Success Platform Centrical Closes $32M