Applauz, a Montreal-based B2B SaaS startup, announces the completion of a successful second round of financing. The money raised from this round of investment will go toward increasing working capital to support and accelerate the hyper-growth of the business.
This round was financed by existing investors who have chosen to continue to deepen their commitment to Applauz. It is expected that future financing rounds will introduce new institutional investors to support future stages of growth.
Investors in this private round of financing are Applauz founder François Fortier, Advisory Board members Étienne Veilleux and Pierre Fleurent (via Rabaska Ventures), along with Daniel Robichaud, Martin-Luc Archambault, and Mike Cegelski.
About Applauz
Applauz is an award-winning employee engagement and recognition platform with all the tools needed to support a thriving company culture from the office, from home, and anywhere in between.
Existing clients include Laurentian Bank, Shriners Hospitals, and Digital Extremes amongst other well-known international brands.
Applauz helps organizations cultivate a culture of employee engagement and appreciation via peer-to-peer recognition, pulse surveys, wellness goals and milestone rewards. Companies can automate and measure their engagement efforts to gain actionable insights into their people operations.