The companies announced the acquisition Thursday, saying that the partnership will help both of them grow their businesses as they gradually integrate their softwares to create a “unified employee-first engagement platform.” Terms of the deal were not disclosed, but YouEarnedIt and HighGround said they will continue to operate as individual companies.
HighGround, which was founded in 2012 by Vip Sandhir, makes a workplace engagement platform that gives HR managers a way to provide meaningful, ongoing coaching sessions to employees in real-time. In 2017, Sandhir stepped down and Andee Harris replaced him as CEO.
In 2016, the startup raised $7.6 million, bringing its total VC funding to nearly $18 million, according to Crunchbase. Its investors include KDWC, Columbus Nova Technology Partners and Lightbank. HighGround employs 70 people.
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