On February 9, 2022, Enboarder, an employee engagement platform offering a unique "People Activation" approach to HR programs, announced it has raised $32 million in Series B funding, bringing its total investment to $50 million. The round was led by NewSpring, with participation from previous investors Greycroft and Next Coast Ventures and new investors Golub Capital, Escalate Capital Partner, Alumni Ventures, and Gaingels. With plans to double its headcount over the next year, Enboarder will use its new capital to invest in additional infrastructure and systems to further accelerate its global growth and expansion.

Wilson Sonsini Goodrich & Rosati represented Enboarder in the transaction. The team includes:

Corporate
Ken Funahashi
Melissa Freidenreich
Annie Schroyer

Delaware Corporate Governance
Ryan Greecher

Tax
David Strong

Corporate Finance
Charlotte Kim

Employee Benefits and Compensation
Matthew Norgard

Technology Transactions
Jennifer McGrew

For more information, please see Enboarder’s press release.