Tech Company Financing Transactions
ChangeEngine Funding Round
Threshold Ventures, Bonfire Ventures and Struck Capital participated in a $10 million Series A venture round for ChangeEngine. The round was announced on 5/8/2024.
Transaction Overview
Company Name
Announced On
5/8/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its operations by recruiting talent across all departments, expand the development efforts for platform innovation, including people analytics, manager insights, enhanced AI workflows, employee recognition, and self-signup tools designed to create employee experiences without needing to purchase multiple-point solutions.
Company Information
Company Status
Private & Independent
Industry
HRTech
Mailing Address
44 Tehama St
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
The challenge people leaders face is that the employee experience design process resides across distributed teams, disparate HR systems, and in many cases, spreadsheets & powerpoints. Once people programs are launched, there's an initial buzz, then they get swept under the rug in sixty days and it's onto the next burning need.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/8/2024: Axmed venture capital transaction
Next: 5/8/2024: Eleos venture capital transaction
Share this article
About Database of VC Transactions
We document all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs