Stayf raises £560k in pre-seed funding from AltaIR Capital and other backers to expand its sales team and product offering.
The pre-seed round was backed by AltaIR Capital, Yellow Rocks, and Smart Partnership Capital as the first participant in the Pre-Seed to Succeed programme.
Stayf develops a corporate wellbeing application that uses behavioural science and social influence to improve employee happiness and productivity. The platform helps organisations unite their workforce and foster a healthier work environment.
Stayf has secured £560k in pre-seed funding from backers including AltaIR Capital, Yellow Rocks, and Smart Partnership Capital. The investment marks the inaugural deployment of the Pre-Seed to Succeed programme, which supports early-stage ventures. Additional participants in the round include Somersault Ventures, Mark Younger, and angel investors from Dentsu and Bain & Co.
Operating at the intersection of health technology, HR technology, business-to-business software, and SaaS, Stayf provides a digital wellness platform designed to boost employee happiness and engagement. The fresh capital will be deployed to expand the sales team, further develop the product, and prepare for market entry in the United States.
Since its launch last year, the company has delivered pilot projects and services to notable clients such as Schneider Electric, InDrive, and the University of Oxford. The business was established by entrepreneurs with backgrounds in the wellness sector.
From the founder
"According to Leadership IQ study, approximately 74% of employees who kept their jobs said their productivity declined after company layoffs. And it’s true, staff retention can be challenging after layoffs so what we do is help businesses unite their workforce during the aftermath and keep them engaged. Implementing only science-backed interventions proven with real-world results (University of Oxford, McKinsey, WHO), Stayf achieves a high engagement rate of 50-80% by designing the program to fit around modern busy personal and corporate lives. The new round that became possible by the Pre-Seed to Succeed investment program allows us to build up the sales team, enhance the product, and prepare for launch in the US."
Max Zhurilo
Co-founder and CEO at Stayf
Investor perspective
"There are a lot of startups that help businesses to enhance employee’ involvement and performance. The team that knows how to build a sustainable business, community around the product, and how face current challenges in the market will win the race. We think that Stayf has everything that they need to become the winner."
Igor Ryabenkiy
Founder and Managing Partner at AltaIR Capital, AltaIR Capital
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
Investors
Igor Ryabenkiy
AltaIR Capital
Sergei Bogdanov
Yellow Rocks
Smart Partnership Capital
Somersault Ventures