New Funds for Employee Behavior Nudge Firm Humu

US-based Humu, which combines behavioral science and technology to help employees build 'better' habits at work, has raised $60m in a Series C round of funding, which it will use to drive new products based on supporting managers and their teams, and to hire new staff.

Humu's platform coaches managers and employees into developing work habits that the firm says are scientifically proven to drive improvements in retention, manager effectiveness, team performance and inclusion. By nudging teams with short, 'science-backed' recommendations, Humu provides personalized guidance that is unique to each employee and also aligned with company goals. Specifically, the platform pinpoints the most important habits managers and employees should adopt to hit company goals, and then nudges teams into practising that exact behavior in their day-to-day work.

New funding has been led by TCV with participation from investors in previous rounds including Index Ventures, IVP, and SVB Capital, and new investors Global Founders Capital and Blue Ivy Ventures. Humu CEO Laszlo Bock (pictured) comments: 'When we began this journey in 2017, we knew our experience in pioneering the field of people analytics would help us build the best technology for supporting managers and employees, and we're proud of the impact we've made. This latest investment signals our partners' confidence in our ability to deliver on that promise long into the future'.

Web site: www.humu.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.