Hive.HR Ltd has now ended and was successfully overfunded
EIS

Hive.HR Ltd

Software Business - North East

Hive.HR Ltd

About Hive.HR Ltd

Workforce disengagement is a huge problem for organisations around the world. In Britain, it’s a crisis that is seriously harming productivity.

"A 45% increase in employee productivity could be worth up to £340 billion in added output per year to the UK service sector alone, with a 26% increase worth some £212 billion."
Hay Group’s ‘What’s My Motivation?’





The Market

"The days of the annual survey are coming to an end to be replaced by a much more holistic, integrated and real time approach to measuring and driving high levels of employee commitment and passion."
Josh Bersin (of Bersin by Deloitte), employee engagement thought leader

The Company

Hive provides organisations with tools, support and expertise; enabling them to measure, understand and improve engagement levels in their workforce on a continuous basis. The main benefits of Hive for organisations include;
  • Flexibility & tailor-made approach to the needs and organisational appetite
  • Accessibility of surveys for all parties
  • Real-time data through an easy to use dashboard
  • Coaching & training for the organisation to build understanding, capacity and self sustainability

The Team

Hive.HR has a core team with deep sector knowledge spanning product development, product and service innovation, software development, employee engagement and customer success.

The Plan

Having secured a £300,000 seed round in 2016, the Hive team have made significant progress. With a team of 12 people, an expanding client base and annual recurring revenue of c.£500k, the company are now raising funds to build on traction to date and scale the business. Find out more in the Investment Memorandum.

Updates

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Q/A

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Investors

£438,400 invested by 32 online investors
£325,000 invested by 1 Professional Investor.

Follow-on Investment from two Professional investors who participated in the first round plus one further Professional Investor and a Corporate Investor.