Employee Lifecycle Platform, KonnectAgain, has announced it is creating 15 new jobs and rebranding as Talivest across their bases in Dublin, New York and Lisbon.
Talivest offers an online engagement and communications platform for employee life cycle management, so companies can stay in touch with their alumni to generate rehires, sales leads, referrals and business opportunities.
The company also offers tools that help with onboarding, recruitment, retention and offboarding surveys.
Talivest has ambitious growth plans as demand has increased from multinational companies looking to engage and retain their millennial workforces.
The 15 new jobs will bring the company to 25 employees globally, while the rebrand reflects the company’s focus on new products, which provides valuable data during the onboarding and exiting of employees.
Talivest also revealed a number of new angel investors who have backed the firm recently including billionaire investor and philanthropist Nicolas Berggruen, former head of Microsoft Corporate Strategy Charlie Songhurst whose previous investments include Classpass, and Anne Heraty founder of recruitment firm CPL. They join existing investors such as PCH founder Liam Casey, Euristix’s Jim Mountjoy who sold Fore Systems for €70 million, and Bryan Meehan who sold Blue Bottle Coffee to Nestlé for $400 million last year.
Talivest, which has raised $1.5 million since it was founded in 2013 by an all-female team in Jayne Ronayne and Helen Flynn, has consistently been recognised as one of the standout start-ups in the Irish tech scene.
CEO and co-founder, Jayne Ronayne, said of the rebrand that while KonnectAgain was about reconnecting, Talivest is about helping companies maximise the investment in their employees.
"Companies invest so much time and money attracting, training and developing their people," Ms Ronayne said. "But studies show that staff are job-hopping faster than ever. Morgan McKinley’s recent study on millennials shows that almost three-quarters intend to leave their company within five years. The good news is that 49 per cent say they’d be open to being rehired."
"Employees hold a huge amount of power when it comes to a company’s reputation," Ms Ronayne said. "They’re leaving reviews on Glassdoor and telling their friends what their former company was really like. Organisations are now seeing the value of capturing feedback earlier, and making changes to their company culture. That’s one of the things we allow them to do in our platform. One of our customers who switched from an in-house exit survey to our platform saw their completion rate increase from 25 per cent to over 60 per cent within just a week."
"The job for life is dead," Ms Ronayne says. "The gig economy is growing, especially with entrepreneurial Generation Z candidates entering the workforce. It’s a challenge to attracting great talent, but it’s also an opportunity to form a lasting brand connection that starts when a new hire walks through the door, and continues long after the employee has left. Our rebrand reflects this reality. The roles we are hiring for are to keep up with the demand we are seeing from companies and HR directors grappling with ways of dealing with that new reality and culture."
