Peakon, the London and Copenhagen based people analytics company, today announces the completion of its latest funding round of $22M. The round was led by Balderton Capital, with participation from Peakon's existing investors the EQT Ventures fund ("EQT
Ventures"), Idinvest Partners, and Sunstone.
Since launching in early 2016, Peakon has been rapidly adopted by hundreds of enterprise clients, such as Capgemini, BMW, and Maersk. Peakon creates tangible improvements to employee engagement and retention through insights delivered via its SaaS platform. The service collects and analyses employee feedback from web and mobile apps, then uses machine learning to understand what motivates employees, what problems they have, and how those problems can be fixed.