Investing in an innovative HR SaaS platform to accelerate its growth and fund continued product development.
An innovative employee engagement platform for helping organisations foster psychologically safe, inclusive cultures.
Founded in 2017, Rungway is an employee listening, mentoring, and culture development platform. It provides employees a direct, online and moderated channel to communicate and allows business leaders to mentor and develop culture across their organisation.
At a time when responding to the needs of employees has never been so critical, the company has proven traction as a leading employee engagement platform by securing a breadth of enterprise clients including UBS, Sellafield and St James’s Place.
The shareholders of Rungway were looking for a partner who could both fund their next phase of growth but also provide genuine scaling support.
Our funding will allow Rungway to strengthen and develop its technology offering and, importantly, expand its audience reach. New features enabled by the investment will help companies:
Understand employee voice through an anonymous, but moderated, online platform
Give leadership a unique way to respond to employee concerns, thereby strengthening culture
Enable colleagues and leadership alike to share collective wisdom
We have been hugely impressed by the Rungway team, the technology, and the opportunity to grow into a rapidly evolving HR technology market and we are looking forward to what lies ahead.