Quantum Workplace, a premier employee performance and engagement solutions provider, recently announced that it secured investment funding from a private equity firm, LLR Partners. Quantum Workplace is also known for being at the forefront of data collection for Best Places to Work Programs. With the partnership, both firms expect to leverage Quantum’s rapid growth by investing in cutting-edge software solutions and strategic growth opportunities within the industry.
Quantum Workplace CEO, Greg Harris, leads the company’s commitment to improving work experiences for millions of employees and providing them forums through innovation in the Best Places to Work Program software. The company was founded in 2002 and has metamorphosed into a premier provider of organizational assessment applications and comprehensive employee engagement, people intelligence, and performance management platforms.
“LLR’s significant experience in the HR technology space, coupled with the deep knowledge and capital resources they bring growing and scaling leading software businesses, makes them a strong, strategic partner for us. We look forward to the guidance LLR will afford the Company. This investment will aid in bolstering our sales and marketing efforts, accelerating our advancement in data science, and unlocking new strategic partnerships and acquisitions, With the war for talent becoming the thing employers struggle with most right now, we’re squarely in the middle of a very exciting market. We know there is an undeniable link between engagement, performance and retention, and employee success is critical to business success. With this funding, we believe we are well positioned to seize this enormous opportunity and achieve a new level of scale and growth by expanding our product portfolio as we help companies further leverage their talent to drive the growth and success of their businesses.”
- Quantum’s CEO, Harris
“As LLR’s long-time investment focus on HR tech evolved over the past two years, it became clear that the remote/hybrid workforce model is here to stay. There is increased importance to engage employees and conduct continuous performance conversations amid this competitive, hybrid environment. Quantum Workplace has emerged as one of the leaders in both areas, leveraging unrivaled analytics capabilities to draw essential connections between employee engagement and performance.”
- Sasank Aleti, partner at LLR Partners