MentorcliQ builds employee mentoring software and white-glove services that help companies design, run and measure mentoring programs. Its platform lets employers run multiple mentoring programs from a single interface, create participant profiles, control program participation, choose matching rules, and view metrics such as participation, engagement and mentoring activity. The company emphasizes a population-optimized matching algorithm that calculates match scores across potential relationships while factoring matching rules, timing, turnover, new hires and other program-configurable variables. Founded after Phil George left his role in 2012 to team up with Andy George and Miles Ulrich, MentorcliQ grew its customer base to hundreds of companies, with the pandemic accelerating adoption. The company closed an over-$80 million growth investment from PSG with participation from Rev1 Ventures and Plymouth Growth, bringing total funding to more than $100 million. MentorcliQ plans to use the funding for product development and to ramp customer acquisition; it recently hired a new chief revenue officer and plans to expand its roughly 120-person team over the next 12 months. MentorcliQ is a relationship-based employee mentoring platform that helps companies run mentoring, onboarding, high-potential, and D&I programs. The platform serves over 2 million employees across more than 100 countries and supports customers from 300 to over 300,000 employees, including multiple Fortune 500 firms. MentorcliQ reports revenue growth of 3X over the past three years and cites program outcomes of a 30–60% increase in employee retention within participating segments. The company is based in Columbus, Ohio, and earlier this year acquired mentor training and talent development firm TERP Associates. MentorcliQ plans to more than double its headcount over the next 18 months and will use new capital to expand product innovation, market development, and customer success.

Total raised

$86M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2023