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Home News Work-life

Wisq Secures $20 Million In Its Effort To Eliminate Workplace Isolation

Wisq aims to help reconnect professionals who have suffered from isolation as a result of the pandemic.

Aayat AlibyAayat Ali
April 25, 2022
in Work-life
Reading Time: 2 mins read
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Wisq Secures 20 Million In Its Effort To Eliminate Workplace Isolation

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Employee social connection platform Wisq has secured $20 million in a Series A funding round, bringing its total amount raised to over $40 million. 

Wisq aims to help reconnect professionals who have suffered from isolation as a result of the pandemic. Through the platform, coworkers can strengthen their relationships no matter where they are located.   

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“Social connections increase employee engagement, job satisfaction and employer loyalty and are critical factors at a time when people are quick to jump ship to the next opportunity,” said Jim Barnett, CEO of Wisq. “It is incumbent that business leaders foster authentic social moments as an essential part of the workday.” 

Wisq differs from other forms of social media and workplace communication platforms by solely focusing on supporting camaraderie within the company.  

Users can create unique profiles and audio lounges that brings a company’s community closer. Wisq then uses artificial intelligence to help generate engagement between users based on similar interests. 

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There are four areas of improvement that early beta customers whose employees use Wisq have noted: belonging, onboarding, growth, and Employee Resource Groups. 

The new financing will be put towards expanding the platform’s services and team. 

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Source: PR Newswire
Tags: BusinessWork-life Balance
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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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