Mo secures £3m Series A funding led by Calculus Capital to scale its employee engagement platform.
The investment was led by Calculus Capital with continued backing from Mercia Fund Management.
London-based Mo provides an employee recognition and reward platform designed to strengthen workplace culture and staff engagement.
Employee engagement platform Mo has secured £3m in Series A funding led by Calculus Capital. Existing backer Mercia Fund Management also participated in the round through its Northern VCTs.
The London-based business offers a software suite that allows organisations to distribute rewards, collect employee feedback, and track engagement trends. The fresh capital will be used to capitalise on accelerating demand as remote and hybrid working arrangements become more prevalent.
From the founder
"We are delighted to complete a further funding round with investors who share our vision. It provides a really meaningful opportunity to capitalise on the growth opportunities emerging as the world of work continues to see accelerated change."
Luke Fisher
CEO at Mo
Investor perspective
"Building and maintaining a strong culture is crucial to an organisation’s long-term success, especially as teams become increasingly distributed. The team at Mo has used their passion and expertise to develop a great product that can help tackle a pressing issue for companies at the moment. We are excited to continue our support."
Jason Warren
Investment Director, Mercia
