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Fremont, CA: Enboarder, the world's only People Activation Platform enabling companies to transform their people programs into simple, science-based, human-centric journeys, has raised $32 million in Series B funding, bringing its total investment to $50 million. The round was led by NewSpring, with active participation from previous investors, Greycroft and Next Coast Ventures, and new investors Golub Capital, Escalate Capital Partner, Alumni Ventures and Gaingels.
"Enboarder's mission is to help HR teams drive action on their programs and initiatives by better engaging with their employees and creating more personalized experiences," stated Brent Pearson, founder and CEO of Enboarder. "In a time when employees are more overwhelmed and disconnected than ever before, and uncertainty in hybrid work plans continues, ensuring workers are connected and engaged is crucial. This investment will power Enboarder's next stage of growth and is critical to helping Enboarder lead the global people activation revolution."
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Enboarder plans to double down on international expansion with the new funds. Enboarder intends to double its workforce over the next year and will use its new capital to invest in additional infrastructure and systems to speed up its global growth and expansion.
As a result of NewSpring's investment, Hart Callahan, a NewSpring Partner, will join Enboarder's board of directors as a director.
"The key to any successful business is a happy, engaged and connected workforce and Enboarder ensures organizations can do just this by putting their people first," stated Callahan. "We're excited to partner with Enboarder at this pivotal moment in the company's history and look forward to supporting its continued growth and the wider people activation revolution."
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