SocialCrowd, a “Fitbit for work” startup, has raised a $2.5 million seed round to expand its performance-driven rewards platform, supporting hourly and frontline workers.
- Funding Milestone: SocialCrowd raised $2.5 million in a seed round co-led by Bread & Butter Ventures and Augment Ventures. Additional investors include FullCircle, Serac Ventures, and VC414.
- The SocialCrowd Advantage: SocialCrowd helps companies set performance goals and reward employees for meeting them, boosting engagement and productivity.
- Why Investors are Excited: With $41.9 billion raised in productivity software this year, investors are eager to back innovative workforce solutions.
- Plans for the Future: SocialCrowd also aims to explore AI to further enhance its offerings and streamline workforce management.
SocialCrowd is revolutionizing how companies engage and reward their frontline teams, making work more rewarding and productive.