We’ve Raised Another €30m in Funding - Here’s What We’re Going to Do with It

Phil Chambers
We’ve Raised Another €30m in Funding - Here’s What We’re Going to Do with It

We launched Peakon back in 2015 with the mission of providing the insights that would help everyone in an organisation to reach their full potential. Four years down the line, it’s not just something we do as a company, it’s something we live and breathe as a team every single day. That’s why we’re incredibly excited to share our latest milestone with you.

When we announced our initial Series B funding this time last year, we had big ambitions. We used the investment to grow our teams across Europe, North America and APAC, with a big emphasis on product development. Since then, over 20 million survey responses have been submitted to Peakon from 150 different countries.

It’s with this same excitement and ambition that we proudly announce an extension to our Series B of €30m, bringing our total B round funding to €48m.

Welcome Atomico and Mattias

Our B round extension was led by Atomico, the London-headquartered venture capital firm founded by Skype co-founder Niklas Zennström, alongside our existing investors IdInvest Partners, Sunstone, EQT Ventures, and Balderton.

Atomico co-founder, Mattias Ljungman will be joining our board. Mattias started Atomico with Niklas in 2006, and has since supported the growth of some of Europe’s leading businesses. We’re honoured to have him on hand to lend his expertise as we continue our journey.

What this means for you, our customers

It has always been our focus to be the driving force for change in the world of work, and we look to continue that with increased velocity.

I personally believe – and it’s a belief that is shared by everyone at Peakon – that people are the most important aspect of any business. As such we’ll be investing heavily in our own people and growing our teams even further over the course of the next 18 months.

We’ll triple our footprint in North America to provide increased support to our customers stateside, continue to invest in our Engineering team to expand the capabilities of the Peakon platform, and double our presence in Europe and APAC.

To do that, we’ll need the help of some exceptionally talented people. If you know anyone who shares our passion and wants to be part of making a tangible difference to the world of work, then please direct them to our careers page.

Ultimately our success so far has been down to the strong partnerships that we have built together, so I’d like to take this opportunity to thank you all for the immeasurable support and input that you have had in making Peakon what it is today.

As we continue to scale, improve and transform, we have never been more inspired to see the impact that Peakon has on organisations around the world. We can’t wait to see what the future brings for you and us.

Be More,

Phil

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