- Engagesoft has raised a $3.5 million pre-Series A funding round led by Silicon Badia.
- The company leverages artificial intelligence to provide comprehensive insights into employee engagement and organizational health.
- Over the past 18 months, Engagesoft has achieved significant growth, tripling its customer base and increasing its revenue tenfold.
Saudi-based platform Engagesoft, specializing in enhancing employee engagement and organizational effectiveness through AI-powered solutions, has announced the successful completion of a $3.5 million pre-Series A funding round led by investment firm Silicon Badia.
This investment will support Engagesoft’s future plans to expand its technological solutions and enhance its ability to analyze organizational health, focusing on internal engagement, corporate culture, leadership effectiveness, and overall performance.
Over the past 18 months, the platform has achieved remarkable growth, tripling its customer base, increasing the average subscription value, and recording a tenfold rise in annual recurring revenue (ARR).
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