A Boston, MA-based HR tech company, meQuilibrium raised $7m in Series C funding. The startup aims at providing behavioral and stress management solutions online.
HLM Venture Partners led the round with participation from current investors Chrysalis Ventures and Safeguard Scientifics.
The company intends to use the funds for product and sales expansion of its platform.
Led by Jan Bruce, co-founder, and CEO, meQuilibrium provides an engagement, performance and human capital solution that harnesses behavioral psychology and neuroscience to free an organization’s full potential. Powered by predictive meQ scores and data-driven insights, the solution uses clinically-validated assessment and benchmarking to measure resilience and create personalized training programs that build team and employee skills.
The company also announced the development of a new cognitive solution platform that will leverage the data and advanced people analytics capabilities of the current platform to incorporate talent optimization, soft skill and upskill development. It will also allow integration and data sharing across the HCM spectrum including with vendors in customers’ talent, benefits, engagement and LMS ecosystems.
The company also announced two strategic hires to its leadership team: Neal Bruce has joined the company as SVP Product Strategy and Kerry Smith has also joined to serve as SVP Customer Success.