Joyous just closed a $10.4 million Series A raise, which comes on top of a $4m seed round in 2019. The round was led by NZGCP partner AirTree Ventures, which now has an 18 per cent stake in Joyous, Australia’s Square Peg Capital (12 per cent) and local venture capital outfit Icehouse Ventures (12 per cent).
Mike Carden said: “I think there’s this kind of weird thing going on in some organisations where they’re like, ‘We can only work if we employ really experienced engineers’. But part of your role in the ecosystem as a developer is to employ junior engineers then turn them into senior engineers. And we’re really active on that. Joyous is tackling open feedback in a new and innovative way by changing how managers and employees talk to each other. They’re building something of real consequence – giving workers a voice”.
Joyous has rebuilt employee feedback to meet the needs of Agile enterprises. It’s the only feedback tool specifically made for organizations that champion trust, action and autonomy.
Joyous will primarily use its new funds for product development with a focus on data science.
Announcement: Joyous Raises $10.4M for Employee Feedback