New York based people enablement platform Impraise has raised $10.6 Mn in Series A funding led by Keen Venture Partners (KEEN) with participation from existing investor, HenQ.
The Hr tech startup will use the proceeds to further scale its reach and grow its people enablement platform with a continued focus on putting managers and individuals in the driver’s seat, allowing HR leaders to scale best practices.
Bas Kohnke, CEO, and Co-Founder, Impraise stated, “While most executives realize they need to improve performance and increase development to stay competitive and retain top talent, most have no idea where to start. With a team of in-house experts and industry-leading customers, we’ve developed a best-in-class product and methodology to drive real impact. Impraise plays a critical role in helping leaders maximize individual and team performance, support company-wide professional development, and increase talent retention.”
The web and mobile platform found in 2014 is backed by a team of in-house performance management specialists. The platform helps organizations reimagine performance and development processes to increase productivity, engagement, and retention.
The platform makes performance and development practices meaningful for people, actionable for managers, and painless for HR. So individuals are empowered to request and exchange continuous feedback in an intuitive way, thus helping them drive ownership of their day-to-day objectives and long-term career aspirations. Meanwhile managers have the insights needed to effectively address their team’s performance and development areas, provide real-time coaching, and celebrate wins.