PepTalk, the Irish led team culture platform, has raised €1.2m in fresh funding.
The company, founded by former Twitter Executive and COO, Michelle Fogarty, former lawyer and CEO, James Brogan, and former Dublin footballer, Bernard Brogan, is to hire 15 new staff in the next year.
It currently employs 20 full-time staff and is planning to expand across Europe, the Middle East, Africa and the UK.
The business was founded four years ago, but has experienced rapid growth in the past year, doubling its turnover and reaching a 10,000 user
milestone.
UK based venture capital company, Haatch Ventures, led the latest funding round and Enterprise Ireland also participated, along with a consortium of experienced tech angel investors.
The company aims to use the money to speed up the rollout of new features on its platform.
PepTalk's growth has been assisted by the shift to remote working brought about by the pandemic, as well as dis-engagement and burnout among
employees.
"The world of work is at a crucial inflection point, with the hybrid model now emerging as the clear winner," said PepTalk’s CEO, James Brogan.
"Organisations must consider how they build trust, connection, and shared experiences in this environment. Hybrid culture needs to be built with much more proactivity and intentionality and that is where our platform is now essential."
The development was welcomed by Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar.
