Skip to content

SaaS Startup SeenCulture Secures $1M in Pre-Seed Backing  led by Victoria’s Alice Anderson Fund 

SaaS Startup SeenCulture Secures $1M in Pre-Seed Backing  led by Victoria’s Alice Anderson Fund 
seenculture

SUMMARY

SeenCulture is an employee retention platform that raised $1 million in its per-seed funding round  from Victoria’s Alice Anderson Fund. The funding round saw participation from various investors including M8 Ventures, Intervalley Ventures, and more. The company plans to use these fresh proceeds  to scale its operations, enhance its platform, and develop its market presence. 

The software startup provides a platform to help the management make smarter, faster, and fairer decisions involving employees regarding promotions, performance, and reviews. The company  currently works with professional service firms, and technical companies while offering its services to  more than 1500 users. The platform helps business leaders stabilize and optimize their workforce and  cut the costs of employee turnover and workforce by combining data science with behavior science to  find underestimated talent. SeenCulture previously secured $120,000 in funding from a new angel  investment syndicate. M8 Ventures has been an existing investor in SeenCulture since its inception. 

The company offers a platform that collects employee data and provides them with personalized  recommendations. The firm focuses on employee retention and promotes diversity of thought beyond  demographics. The platform leverages a holistic approach to enable employees to extend the technical  skills required for employability. The cutting-edge technology enhances personalization and elevates unique strengths. The company provides solutions to enhance accessibility and promote diversity to  improve user outcomes. The decision intelligence platform considers all employee data before offering  an unbiased decision. The platform is designed to enable its users to see their strengths, values, and  worth. The company utilizes the data to identify talent, skills, and potential based on individual  strengths. 

The company wants to empower democratized decision-making and provide scalable SaaS solutions.  The application also provides various services including human potential in organizations, marketing,  market engagement, and more. This investment shows the belief of SeenCulture’s investors in its  business model and market potential. The startup will use this investment to enhance its resources,  advance its technologies, innovate its services, and improve its platform to offer its users a secure and  seamless experience. This funding will enable the startup to scale its operations and offer software  solutions globally. The development came just after the software startup ecosystem saw increased  interest from investors. The company faces competition from Global Data Consortium, Holo, and VERB  Technology company.  

Conclusion: 

The software startup SeenCulture secured $1 million in its pre-seed funding round led by Vicroria’s  Alice Anderson Fund with the participation of M8 Ventures, Intervalley Ventures, and more. The  startup intends to use fresh capital to scale its operations, enhance its platform, launch new services,  and build its market presence. The platform helps the management in making fairer decisions involving its employees for promotion, performance, and work reviews. This enables business leaders to  stabilize and cut the costs of employee turnover while optimizing the workforce. The platform allows an individual to find their strength and worth and increases the overall work efficiency of any business.

Note: We at scoopearth take our ethics very seriously. More information about it can be found here.

Publish Your Startup Story