Plasticity Labs Raises $2.1 Million to Raise Workplace Morale Across the World Using Data

Plasticity Labs has raised $2.1 million.

The Waterloo-based startup, which uses data analytics to measure workplace morale, says the round was led by Fibernetrics Ventures. The funding will be used for sales and development, according to TechCrunch.

The Canadian company, which was founded in 2012 by Jim Moss a former professional lacrosse player for Colorado Mammoth, is designed to improve employee morale using unique data collection models.

 

 

The Hyperdrive graduate, which targets small and medium businesses, has grown from one to 12 enterprise customers over the past year. According to TC, Plasticity Labs now has employees in 11 countries and has plans to add workers to nearly a dozen more.