HappySignals completes a EUR 1M investment round backed by Vendep and Hannu Vaajoensuu.

Finland Investments 25 March 2019
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HappySignals, a Helsinki, Finland-based company providing employment experience measurement for companies, announced securing a EUR 1M ($1.1M) capital investment round.

The money was provided by Vendep Capital and angel investor Hannu Vaajoensuu, and will be used for the development of its service measurement offering and in expanding its international presence. Prior to this deal, the company was owned by the founders.

HappySignals, founded in 2014 by CEO Sami Kallio, Pasi Nikkanen, Sami Aarnio, helps businesses improve their internal services by shifting the focus to employee experience by measuring and analysing employee happiness and productivity.

In 2018 the company had about EUR 600k ($680k) in revenue, coming from customers including Wilhelmsen, Reckitt Benkiser and Virgin Trains. Additionally, HappySignals works for implementation wih partners such as Sofigate, Fujitsu and Capgemini.