WorkBuzz secures £780k from Mercia and Foresight to expand operations and create jobs
The funding round was backed by Mercia and Foresight through the Midlands Engine Investment Fund alongside private investors.
WorkBuzz provides an employee engagement platform that connects businesses with staff through real-time feedback. The Milton Keynes-based firm helps organisations navigate remote working challenges.
WorkBuzz has secured £780k in seed follow-on funding from Mercia and Foresight through the Midlands Engine Investment Fund, alongside private backers. The Milton Keynes software company plans to use the capital to create 15 new jobs, introduce platform enhancements, and build an international partner network.
Founded in 2018 by Steven Frost, the employee engagement platform counts clients such as Shell, Premier Foods and HS2. Alongside the transaction, the company appointed serial entrepreneur Jeremy Tipper as chair.
From the founder
"The world of work is changing, with many people working remotely and using video calls or emails to communicate. WorkBuzz helps companies to navigate these challenges and build great cultures. Our vision is to improve the working lives of 1 million people, and this investment round will help us to make it happen sooner."
Steven Frost
CEO at WorkBuzz
Investor perspective
"WorkBuzz has been on exciting growth journey to date and has ambitious plans for the future. This investment will help support Steven and the team as they continue to scale the business. As part of the deal, we were also able to introduce a new Chair from the Mercia network who brings valuable experience to help them along the way."
Stephen Windsor
Mercia
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets