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HR Tech Valley Member Ambassify raises €2 million to reinvent employee engagement

Press Release - 23 March 2021 - Employee engagement platform Ambassify has raised €2 million in funding. The company’s strong growth over the past years, combined with positive financial results, attracted a lot of attention from investors. Ambassify will use the funding to further reinvent employee engagement, solidify its market position and invest in its staff.

Ambassify, a platform that allows companies to tap into the marketing potential of their employees, raised €2 million in funding. Among the investors are institutions such as investment company LRM, ING Bank, the Flemish Department for Innovation and Entrepreneurship, as well as multiple angel investors such as Jean-Marie Vliegen (ex-CFO P&G and board member of Ambassify). Their investments are a mix of equity, subordinated debt and subsidies. “We strongly believe in the potential of Ambassify. They have set a strong track record in recent years and distinguished themselves from the competition by offering an interactive platform that brings employees closer together. With this investment, we are giving the company the opportunity to grow and expand.”, says Koen Walbers, Investment Manager of LRM.