A D.C. company has built an app to help workplaces get feedback on finding and fixing internal bureaucracies that keep employees from being more effective at their jobs — and it just raised $8 million to further hone its tech.
Fount Global Inc., a workplace analysis company, dispatches targeted surveys that give upper management a heat map of sorts showing which corporate culture or work environment issues are causing the most frustration and, notably, result in attrition.
The technology won the attention of Series A investors in a round led by Lavrock Ventures, based in McLean, with participation from existing backers Osage Venture Partners, of the Philadelphia area, and Grotech Ventures, of Owings Mills, Maryland.
With the new funds, Fount plans to invest in its engineering and product teams to expand the scope of its surveys. Currently, the firm targets them to workflow issues in the health care industry and others that rely more heavily on call center setups, but CEO Christophe…
Read the full story from the Washington Business Journal.
