Survey startup Culture Amp closes A$13.5 million funding round


news Australia-based survey tool and analytics platform Culture Amp has raised US$10m (A$13.5m) from a number of US and Australian VC firms as it continues to expand internationally.

The Series B funding round was led by Index Ventures, and also included Blackbird and Felicis Ventures among the VC investors.

Additionally, Ilya Fushman, a partner at Index Ventures, will join the Culture Amp board as part of the deal, according to Financial Review.

Notably, the announcement comes approximately a year after the firm’s successful US$6.3m (approximately A$8m) Series A round, which saw the capital raised from the same three firms.

Culture Amp’s services have now been used by over 500 companies, including notable firms such as Airbnb, Uber, Etsy and MYOB.

Culture Amp aims to help companies build workplace culture via data analytics and survey products that provide quantitive data and insight about employee satisfaction.

Effectively, by combining psychology, statistics, and user experience design, Culture Amp helps managers and HR teams design surveys that reveal the issues most of concern to employees, and as a result, improve working conditions and culture.

“Culture Amp has helped us surface actionable feedback while protecting respondents’ anonymity through their thoughtfully-designed surveys and analytics,” said Jennifer McKaig, Program Manager, Culture and Engagement at Etsy.

“Their expertise, guidance, and technology have helped us understand what we’re doing well, where we can improve, and where our time and energy may be best spent,” she added.

The startup was founded and is headquartered in Melbourne, but recently opened a new office in the US, with another coming soon in London.