This post originally appeared on Business Wire
Company Closes C Round, Taps Kerry Smith From Skillsoft, and Neal Bruce from Globoforce, to Help Drive HCM Expansion
BOSTON–(BUSINESS WIRE)–meQuilibrium, the leading human capital solution grounded in the science of resilience, announced $7 million in Series C funding to support the product and sales expansion of its talent engagement and performance platform led by HLM Venture Partners of Boston with participation from current investors Chrysalis Ventures and Safeguard Scientifics. meQuilibrium, which leads the market in serving global Fortune 500 companies has doubled its growth two years in a row.
“We are investing in our expansion, product, talent, and ultimately in our customers,” said Jan Bruce, co-founder and CEO of meQuilibrium. “We deliver scalable and highly effective solutions to build more agile, resilient and productive organizations and address burnout and stress. How you think and feel determines your performance and tolerance for change, and in this way our talent analytics help our customers better evaluate and cultivate their most important asset, their people. Our solution set delivers value across the HR continuum, from benefits to talent analytics to leadership development.”
meQuilibrium announced the development of a next generation cognitive solution platform as part of their continued transformation across the human capital management category. The expanded platform will leverage the data and advanced people analytics capabilities of the current platform to incorporate talent optimization, soft skill and upskill development. This will allow for frictionless integration and data sharing across the HCM spectrum including with vendors in our customers’ talent, benefits, engagement and LMS ecosystems.
“We are excited about the market opportunity that meQuilibrium has created by applying its world class science and cutting-edge analytics to deliver talent analytics and cognitive upskilling at scale,” said Peter Grua, partner at HLM Venture Partners.
Additionally, meQuilibrium has added two strategic roles to its leadership team: Neal Bruce has joined the company as SVP Product Strategy. Kerry Smith has also joined to serve as SVP Customer Success. The company will leverage their human capital management industry expertise to deliver continuous product innovation and solve cross departmental challenges as the human resources department increasingly plays a pivotal role in addressing the escalating need for organizations to transform in the face of technological, social and economic change.
Neal Bruce has 25+ years in the HR industry with 11 years as an HR practitioner and 14+ years in product roles with HR software vendors, most recently as the Vice President of product at Globoforce.
Kerry Smith is joining meQuilibrium from Skillsoft, the world’s largest e-learning provider, where he held several leadership positions and developed premier client success teams that delivered high client satisfaction.
meQuilibrium is the engagement, performance and human capital solution that harnesses behavioral psychology and neuroscience to unleash your organization’s full potential. By unlocking the power of resilient people and teams, your organization can navigate even the most turbulent of times. Powered by predictive meQ scores and data-driven insights, our solution uses clinically-validated assessment and robust benchmarking to measure resilience and create personalized training programs that build team and employee skills. With meQuilibrium, you can equip each of your employees to discover and master skills they need to overcome any obstacle, increase agility, gain adaptive capacity, and transform your organization. Learn more at www.meQuilibrium.com.