Emtrain Raises $8M in Growth Capital to Accelerate Workplace Culture Health Via Data, Analytics and Benchmarking

Data-driven CultureTech platform sees increasing demand as global pandemic creates significant new workplace culture challenges

 Emtrain, an online workplace culture platform that helps companies diagnose, benchmark and prevent bad workplace culture outcomes, announced it received $8 million in growth capital funding, led by Education Growth Partners (“EGP”), a private equity firm dedicated to providing growth capital to proven, high potential human development and workplace companies. Signature Bank, a New York-based full-service commercial bank with 31 private client offices nationwide, serves as Emtrain’s banker and provided a $2 million facility to complement the equity investment.HR Technology News: Meet on the Holodeck: Spatial Powers Up Augmented Reality in the Enterprise with $22 Million

The new funding will enable Emtrain to expand its culture tech platform to provide on-demand monitoring and analysis of key indicators that are the foundation of healthy workplace culture. Not only does Emtrain’s solution meet increasing state and federal compliance training regulations, but it also diagnoses issues that are otherwise invisible to business leaders and benchmarks those issues against a global average so that internal stakeholders know where to focus their time and attention for maximum and measurable results. The diagnostic tool and data provide a win/win for employers and employees who both want to prevent these issues but lack the visibility, tools and organizational structure to do so effectively.

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Emtrain’s recently launched Emtrain.ai solution has already collected over seven million employee sentiment responses about core culture indicators that exist in organizations such as power dynamics; in-group/out-group dynamics; unconscious biases and other indicators that correlate with a higher risk for bad culture outcomes. The company’s initial report, Emtrain’s 2020 Workplace Culture Report, published in March, shows that only 17% of employees will report sexual harassment to HR if they see or experience it.  Other data is consistent in that it shows employees don’t typically report problems. The result is these problems remain invisible to HR and compliance leaders until there’s an explosive incident that rocks the culture.

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