A new investment round led by JVP and Intel Capital has given centrical a $32 million boost. The company, which is focused on enabling the digital transformation of healthcare, offers a comprehensive platform to treat complex diseases. With this round of funding, centrical is now ready to take the next big step in its evolution.
Intel Capital and JVP lead $32m funding round for centrical
In a recent funding round, Centrical, an employee engagement and performance management platform, raised $32 million from investors led by Intel Capital and JVP. The company, which has offices in Tel Aviv and New York, will use the funding to expand its capabilities and enter new markets. The funds will also be used to develop new products and add value for customers.
Centrical is an Israeli firm that has patented technology that leverages AI to help IT teams troubleshoot and resolve infrastructure issues. It also works with partnerships to give employees flexibility and the ability to work anywhere. The company’s innovative approach to human capital management will help many of the world’s largest enterprises achieve successful business outcomes.
The company’s technology enables managers to improve communication and productivity among employees. Its platform allows managers to track employee performance, set goals and measure results. Unlike other similar solutions, Centrical provides measurable value for companies, including reduced attrition and absenteeism. With the company’s software, administrators can integrate microlearning, interactive coaching, and managerial tools to boost employee engagement.
Centrical’s platform is designed for enterprise organisations with a large customer-facing workforce. Its deep integration with client systems and 3rd party tools allows it to onboard hundreds of thousands of employees in record time. Centrical was named a 2016 Cool Vendor by Gartner, an analyst firm.
Centrical’s Employee-Centric Success Platform combines personalized microlearning, live performance management, and advanced gamification to create a personalized experience for employees. It helps companies optimize their investments in their people by transforming their employee experiences. Centrical’s AI-powered platform integrates real-time performance management, continuous feedback, and microlearning with interactive coaching tools. The platform also empowers managers to empower their teams.
centrical raises $32m
In an announcement today, Centrical, which develops a cloud-based service for performance management and employee engagement, has raised $32 million in funding led by Intel Capital and JVP. The new capital will help Centrical accelerate market engagement, enter new markets, and create new solutions.
centrical backed by jvp
Centrical, a company focused on improving employee engagement and motivation, has secured $32 million in a new round of funding. The funding will go towards expanding its global presence, developing new products, and creating additional solutions. Centrical was founded in 2013 and was previously known as GamEffective. The company’s technology enables enterprises to embed microlearning and quest-based games into their workplace culture. The software also features a built-in AI engine that recommends lessons based on employee performance.
Centrical’s platform integrates personalized microlearning and advanced gamification with real-time employee performance management. It also includes adaptive coaching tools. Its solution has already been adopted by leading companies such as Microsoft and Cellular Sales. These companies have seen significant improvements in their employees’ performance, including a 53% increase in new handset sales, 2X increase in ancillary products sales, and overall higher revenue.
Centrical is poised to transform the HR and employee experience by delivering AI-powered, personalized experiences. Its Employee-Centric Success Platform is built to optimize the organization’s investment in its workforce. Centrical’s platform unifies real-time performance management, continuous feedback, microlearning, and adaptive coaching to ensure employees are getting the best value from their careers. It also provides managers with the management tools they need to improve the engagement and performance of their teams.
Intel Capital and JVP lead centrical’s $32M round
Centrical, an Israeli startup providing a cloud-based platform to increase employee satisfaction, has raised $32 million in new funding led by Intel Capital and JVP. Additional investors include Citi Ventures, La Maison Compagnie d’Investisment and CE Ventures. The funds will be used to accelerate the company’s market engagement and expand into new markets. In addition, the startup plans to use the funds to improve customer service and expand its product.
Intel Capital is the corporate venture capital arm of Intel. The firm invests in innovative technology startups globally. It targets the emerging technologies of artificial intelligence, autonomous technology, data center and cloud, and 5G. It also curates thousands of business development introductions each year.
Centrical’s employee success platform integrates artificial intelligence with personalized microlearning and real-time employee performance management. It also offers adaptive coaching tools and well-being strategies. It claims that its software enables companies to improve employee productivity, average deal value, and customer satisfaction KPIs. It integrates with SAP SuccessFactors learning and management platforms.
In addition to this, it is developing an AI-based solution to improve the efficiency of manufacturing and operations. Its Series A funding round was led by Intel Capital and JVP, with participation from Xilnx, Beringea and IDG Ventures.
centrical joins transform 2021
The recent $32 million funding round led by Intel Capital and JVP will enable Centrical to accelerate market engagement, expand into new markets, and create new solutions. The funds will help the company deliver on its vision to liberate frontline employees from the constraints of large organizations. These employees are often undervalued, don’t understand organizational goals, and don’t receive the proper training.
centrical raises $30m
A new funding round has come to Centrical, a company that provides an employee-centric success network. Intel Capital led the funding round, with additional participation from existing investors. The company plans to use the funds to accelerate its market engagement and expand into new markets. It is also looking to improve customer service.
centrical backed by intel capital
A new $32 million round of funding for Centrical led by Intel Capital and JVP provides the company with the resources it needs to accelerate market engagement and expand into new markets. The funds will also be used to develop additional solutions to address a range of customer needs.