Acadian Ventures is a venture capital firm based in Madison, Connecticut, founded in 2019. The company focuses on investing in early-stage firms that are at the forefront of transforming the workplace, aiming to enhance productivity, fairness, and the overall experience of work. Acadian Ventures primarily targets the software-as-a-service sector, supporting businesses that are leading the work revolution and redefining the future of work. Through its investments, the firm seeks to build enduring enterprises that contribute positively to the evolving landscape of work.
Jolly is a rewards platform for the workplace that incentivizes employee performance. It implements performance-based incentives to increase employees utilization, compliance, referrals, and loyalty.
Compa
Series A in 2024
Compa is making compensation fair and competitive for everyone by removing barriers to effective decision-making.
Bountiful
Seed Round in 2023
Bountiful is a platform that leverages the power of social networks to drive exceptional job seekers and develop strong teams.
Workpay
Seed Round in 2023
Workpay is a software company that specializes in payroll, benefits, and compliance solutions for businesses operating in Africa. It provides a cloud-based platform that enables companies to manage employee payments efficiently, including time tracking and human resource management. Workpay's services facilitate timely salary disbursements directly to employees' bank accounts or mobile wallets, simplifying the payroll process. By allowing organizations to hire both local and remote teams without the need for establishing local entities, Workpay ensures compliance with regional regulations while helping businesses attract and retain talent across the continent.
Assembly
Series A in 2022
Assembly is a no code employee engagement platform that extends from recognition and rewards to productivity and performance management.
Figures
Seed Round in 2022
Figures offers a real-time compensation intelligence platform tailored for the startup and scale-up market, with a focus on European venture-backed companies. The platform provides reliable data on compensation and gender diversity, enabling clients to access comprehensive salary information categorized by job title and seniority level. Clients can filter this data based on company headcount and funding status, allowing for meaningful comparisons and insights. By streamlining the process of gathering and analyzing compensation data, Figures helps companies save time and make informed decisions regarding employee remuneration.
Spotlyfe is a developer of a human resource technology platform that focuses on measuring employee sentiment and well-being beyond the workplace. Its innovative personal operating system integrates aspects of work, life, and wellness, allowing individuals to gain a comprehensive view of their daily experiences. By providing insights that foster effective communication and collaboration, Spotlyfe empowers employees to align their professional tasks with their personal values. This holistic approach not only supports productivity but also enhances the overall employee experience by facilitating meaningful interactions with management.
Compa
Seed Round in 2021
Compa is making compensation fair and competitive for everyone by removing barriers to effective decision-making.
Utmost
Series B in 2021
Utmost is a workforce management platform founded in 2018 and based in Dublin, Ireland. The company offers a Workday-native solution that serves as an alternative to traditional vendor management systems. Its platform enables enterprises to effectively source, engage, and optimize spending for their extended workforce. By focusing on the management of contracts and flexible workers, Utmost facilitates essential human resource services such as onboarding, payroll, and benefits administration. This comprehensive approach allows large companies to enhance operational efficiency while alleviating common management challenges associated with workforce management.
Clovers
Seed Round in 2021
Clovers operates an intelligent interview platform designed to enhance the recruitment process in a hybrid work environment. The platform facilitates collaboration among recruiters and hiring teams, promoting informed hiring decisions while minimizing unconscious bias. It offers features such as real-time interview feedback and coaching, which collectively aim to improve the overall candidate experience. By streamlining the hiring process, Clovers enables organizations to identify and select candidates who possess the best qualities for their needs.
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