Peakon began as a people‑analytics tool and has evolved into a SaaS employee retention platform that focuses on engagement, actionable insights to prevent problems, and competitor benchmarking. Its product uses standardized, fast weekly micro‑surveys to give customers near real‑time views of employee sentiment and enable industry comparisons. Peakon says it can predict when employees are at risk of leaving up to 250 days in advance. The company has built a proprietary dataset of more than 30 million data points used for benchmarking and identifying macro workforce trends. Peakon reports rapid growth, with headcount over 180 and new offices including New York; it expects U.S. headcount to exceed 50 within 12 months. Customers mentioned include Capgemini, Verizon, BMW, TrustPilot, Harrods and easyJet. Peakon offers a people-analytics SaaS platform that collects and analyzes employee feedback with machine learning to identify workforce issues and potential solutions. Its client roster includes BMW, Maersk, and Capgemini. The company launched two years ago and is based in London and Copenhagen. Peakon says revenues increased 600% over the last year and it is operating with customers in the UK, Germany, Denmark, the US, and New Zealand. The firm plans to invest the new funding in global expansion and to double headcount to roughly 180 over the next year. Balderton Capital’s managing partner Bernard Liautaud will join Peakon’s board as part of the investment. Peakon offers a SaaS platform that automatically collects employee feedback through web and mobile apps and applies machine learning to generate insights about motivation, problems and fixes. The platform is used by hundreds of enterprise clients, including Trinity Mirror, Secret Escapes, World First, Delivery Hero, Opera, Adzuna and Depop. The company was founded in December 2014 and launched in early 2016. Peakon operates across Copenhagen, London and Raleigh and plans to treble headcount to over 100 in the next 12 months. Financially, the company closed a €6.1M funding round led by EQT Ventures. The product focus remains on delivering actionable people insights to large enterprises. Peakon offers a data-driven people-analytics platform built around frequent, automated employee surveys and tailored insights to help managers improve engagement and retention. The company is fully launching its service and positions itself as bringing analytics, scientific rigor, and organizational behavior expertise to HR. Peakon targets companies with 100+ employees and cites customers including Delivery Hero, Urban Airship, and Opera. Co-founder Dan Rogers (formerly VP Growth at Songkick) frames the product as enabling companies to learn employees’ varied preferences and apply levers beyond pay to boost motivation and productivity. The newly announced financing will support further marketing in Europe and the U.S., product development out of its Copenhagen HQ, and expansion of sales and operations in London. No revenue or user metrics are disclosed in the article.

Total raised

$68M

Funding rounds

4

Latest round

Series B

Latest activity

Mar 2019