Wisq, the first platform designed for the social connection needs of employees, announced today that it closed $20 million in Series A funding led by Norwest Venture Partners with participation from True Ventures and Shasta Ventures.
“Social connections increase employee engagement, job satisfaction and employer loyalty and are critical factors at a time when people are quick to jump ship to the next opportunity,” said CEO and Co-Founder Jim Barnett. “It is incumbent that business leaders foster authentic social moments as an essential part of the workday. It’s time for business leaders to adopt new technology, new behavior patterns and new business culture values that align with today’s workforce. We designed Wisq to be the platform that makes all of this possible, to provide a space for life at work.”
The Wisq platform helps employees improve social well-being by enabling them to connect, share and build relationships at work. Organizations increase employee engagement, improve belonging and retention and build happy work cultures.
Wisq will use the funding to fuel its growth and expand its platform and team.
Announcement: Wisq Raises $20M to Foster Employee Social Connections