NEW YORK--(EON: Enhanced Online News)--CultureIQ, the strategic culture management platform that transforms data into actions, today announced significant company momentum including a tripling of revenue, a doubled customer base and ongoing traction in the Fortune 500 market. With $5.25M venture investment to date including funding from Lerer Hippeau Ventures, Pritzker Group Venture Capital, Founder Collective and Zappos.com CEO Tony Hsieh’s VTF Capital, CultureIQ is well positioned for further success.
“Surveys and analytics alone won’t drive a positive, scalable culture”
“Surveys and analytics alone won’t drive a positive, scalable culture,” said Greg Besner, CEO of CultureIQ. “Implementing a culture strategy with technology is what changes outcomes. As Fortune 500 companies continue to recognize that cultural changes only happen as a response to both, CultureIQ is well positioned for strong growth in 2017 and beyond.”
With significant traction in financial services, professional services, manufacturing and technology, companies on the CultureIQ platform have doubled from 400 to 800 in the last calendar year. Additionally, CultureIQ has tripled its revenue during 2016 and expanded to 22 language choices for users in more than 80 countries. This summer, the company expanded its leadership team hiring a VP of Marketing, Savina Perez, and a VP of Sales, Paul Maass, and relocated its expanding team to larger offices in New York City. With consistent customer wins among Chief Human Resource Officers, VPs of Talent and HR and People Operations, the company is further positioned for sustained growth.
“Leveraging the CultureIQ model and technology has enabled us to successfully measure how we’re progressing on our journey of cultural transformation,” said Danielle McMahan, VP Global Talent Development at American Express Global Business Travel. “As a global corporate travel management company looking to differentiate ourselves in the competitive business travel landscape, we were looking for a survey approach that moved beyond traditional measures of engagement to understand the broader organizational context of what drives a high-performing culture.”
With the addition of strategy services that enables customers to align their business goals with metrics, CultureIQ delivers data-driven insight through a platform that incorporates both technology and strategy. Product advancements simplify the communication and reporting process to easily compare demographic groups and collect feedback more efficiently. From recruiting to retention, engagement to success, CultureIQ brings people and organizations together by examining ten operating categories including: innovation, support, mission and value alignment, responsibility, agility, wellness, collaboration, performance focus, communication and work environment.
To learn more, visit www.cultureiq.com.
CultureIQ is a platform that enables organizations to make positive, measurable changes to their culture, and a community that connects peers and experts around the topic of culture. The CultureIQ platform helps companies actively manage their culture through an ongoing process of collecting, understanding and responding to internal feedback to drive employee engagement, retention and success. Based in New York City, CultureIQ was founded in 2013 by Greg Besner, an adjunct professor at New York University Stern School of Business and one of the original investors in Zappos.com. CultureIQ is backed by a group of notable investors including Lerer Hippeau Ventures, Pritzker Group Venture Capital, Founder Collective and Zappos.com CEO Tony Hsieh’s VTF Capital. For more information, visit www.cultureiq.com or follow us on Twitter at @CultureIQ.