South African employee wellness platform Strove has closed a ZAR4 million (US$277,000) seed funding round to help it on its road to expansion to the United Kingdom (UK). Strove has now raised a ZAR4 million (US$277,000) seed funding round, led by VC firm Launch Africa and featuring a handful of angel investors.
Strove is an activity-based mobile rewards application that empowers organisations to inspire their employees to live a healthy and active life, combatting inactivity, burnout, and chronic stress.
The startup, which only released its initial product in January this year, plans to expand to the UK, and has already started onboarding local partners to create a rewards ecosystem that will best motivate UK employees.
Announcement: Strove Raises $277kv for Employee Well Being