The Happiness Index raises a smile with £500,000 investment
London-based data intelligence HR start-up plans to use funds to develop its platform and fuel distribution
The Happiness Index, a start-up that claims to be able to measure happiness in your business, has closed a £500,000 funding round from a group of private angel investors.
Launched in 2014, London-based The Happiness Index enables companies to ask tailored questions using a scoring system to provide insights on what is happening inside their organisation, including trends, culture, and potential problems.
The company says that more than 40,000 employees are already benefitting from its platform across the UK and Europe with clients including Westfield, Stena Ferries, and Jaegermeister.
The funding will be used to fuel the development of its cultural insight platform and to expand distribution.
Tony Latter, CEO of The Happiness Index, commented: “Businesses compete every day to retain and attract the best talent, the biggest accounts and achieve better customer loyalty.
“The business of understanding people in relation to this challenge is not a new concept but the problem has always been collating that insight in to a format that is both digestible and relevant.”