Ambassify raised €2 million in funding from LRM, ING Bank and angel investors.
Ambassify, a Beringen, Belgium-based provider of an employee engagement platform, announced that it raised €2 million ($2.4M) in funding.
The money is a mix of equity, subordinated debt and subsidies and was provided by financial instutions including LRM, ING Bank, the Flemish Department for Innovation and Entrepreneurship, as well as by angel investors such as Jean-Marie Vliegen (ex-CFO P&G and board member of Ambassify).
Ambassify, founded in 2015 by Wim Mostmans and CEO Koen Stevens, developed a SaaS platform that enables customers to generate meaningful engagement with their employees, build their employer brand, and generate real business results.
Ambassify’s intelligent behavior-based methodology identifies and activates the best brand ambassadors and helps brands to build lasting relationships.
The company works with customers from more than 15 countries across all Europe, the US and Canada, including KBC, KPMG, Toyota, Swiss Life, Bayer, and Sodexo.