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Work app Workvivo is backed by Zoom's CEO. Here's an exclusive look at the pitch deck it used to raise an extra $16 million.

Workvivo CEO
  • Ireland-based tech startup Workvivo has raised $16 million in funding from Tiger Global and Frontline Ventures, having previously been backed by Zoom founder and CEO Eric Yuan. 
  • Workvivo, founded in 2017, provides a internal communications platform for companies to engage and connect with employees. 
  • "Communication has always been high on people's agendas, but now it's top of mind," Workvivo cofounder and CEO John Goulding told Business Insider in an interview. "Old style communications like email are dying now, people's attentions are now focused on the digital transformation and new ways of working."
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Ireland-based tech startup Workvivo has raised $16 million in funding from Tiger Global and Frontline Ventures, having previously been backed by Zoom founder and CEO Eric Yuan.
Workvivo, founded in 2017, provides a internal communications platform for companies to engage and connect with employees.
Through Workvivo's web, desktop and a mobile app, employees can post content to company activity feeds alongside other tools like shout-outs, links to company goals, and the ability to create online community spaces. Workvivo integrates with services like Slack and is more like a slick company intranet than a chat app itself.
A 2013 Gallup poll estimated that 70% of employees in the US were disengaged at work and that this costs the worldwide economy $450 billion annually. A more recent estimation pins the figure at 53% meaning that despite some improvement, there is still a long way to go. Keeping employees engaged will become more important too as companies consider the future of work.
"Communication has always been high on people's agendas, but now it's top of mind," Workvivo cofounder and CEO John Goulding told Business Insider in an interview.
"Old style communications like email are dying now, people's attentions are now focused on the digital transformation and new ways of working."
With millions of workers now operating remotely worldwide, the need for more effective communication and engagement tools has grown, according to Goulding.
"It's more important for organisations who are facing similar challenges," he added. "It's about connecting people with the goals of the organisation, aiding a culture of recognition, as well as community, representation, and two way communications."
Workvivo's offering has friends in high places. The company's first external investment came from Zoom CEO and cofounder Eric Yuan in a $1.5 million seed round last year. The startup had been bootstrapped, but profitable, prior to that, Goulding said.
Now, fresh funding from Tiger Global, a backer of Linkedin, Stripe, and Square, will help the company scale further. The round closed in late February with discussions starting in late 2019. Workvivo has added eight staff to its headcount since the funding round closed, taking total employees to 24 but Goulding expects that number to rise to more than 35 before the year-end.
Check out the company's redacted pitch deck below:
SEE ALSO: We got an exclusive look at the pitch deck UK fintech Modulr used to raise $23 million to disrupt the $120 trillion payments market






















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