GoCo, a software solution for the HR sector, has recently announced its acquisition of WFHomie, to accelerate its services for HR professionals in engaging employees and making the workplace better. With WFHomie’s products and solutions, it will enhance cross-selling synergies and innovation, automating HR workflows that HR teams and employees would desire.
This acquisition is GoCo’s first endeavor, with about 15 million dollars in funding from ATX Venture Partners. WFHomie is a platform for solutions related to employee experience and people analytics for remote-first companies. Both companies are coming together with this acquisition to innovate HR products for a more engaging data-driven workplace.
In its recent study, it was found that leadership tasks pressurize HR professionals to retain talent mainly through employee engagement programs. Keeping in mind the necessity of retention and engagement, it is designing a suite for employee management solutions with advanced products and services that would enhance employee experience and offer people analytics for measuring engagement.
Co-founder and CEO of GoCo, Nir Leibovich, said, “We know that employee experience is top of mind for SMBs and the HR teams that support them.” He added, “Our team and our platform are growing rapidly in support of our mission to empower HR professionals, and this acquisition is a key step in that direction. It’s clear that the leadership of WFHomie share our vision, passion, and excitement for creating innovative products that help companies build better workplaces. We’re confident that the WFHomie team will bring the expertise and agility we need to ship new products and expand our service offerings in line with that vision.”
(Source – Business Wire)
Co-founder and CEO of WFHomie, Pavla Bobosikova, said, “Nir and the leadership team at GoCo are dedicated to building a future where HR and People Ops leaders have the bandwidth to support their employees effectively and create thriving, high-performing workplaces.” She added, “We share the same vision – to improve work-life for employees, while empowering organizations to operate more effectively.”
(Source – Business Wire)
About GoCo
Headquartered in Houston, Texas, GoCo, a software development company dedicated to HR solutions, provides services for human resource management, HR software, health insurance, Human Resource Information System HRIS, workforce management, payroll, expenses, recruiting, talent management, work culture and employees. It has been revolutionizing HR solutions for SMBs, making it a flexible HR platform, supporting HR processes, policies and recruiting professionals to adopt a modern HR system since 2015. It is dedicated to becoming the flexible all-in-one platform for HR solutions by eliminating manual HR tasks and empowering strategic HR initiatives for SMBs.