New York, U.S.A-based provider of a human resources SaaS solution, HR Acuity, acquired Speakfully. The company announced the acquisition on November 14, 2022. However, it did not unveil the financing details pertaining to the transaction.
Speakfully, founded in 2018, is a U.S.A-based safe, private, and secure platform for employees to voice workplace concerns.
Purpose of acquisition by HR Acuity
With the recent acquisition of Speakfully, HR Acuity intends to further strengthen and accelerate its leadership in employee relations case management and investigations.
The company also seeks to extend its reach with end-to-end employee capabilities.
What the HR Acuity official has to say
Deb Muller, CEO of HR Acuity, said, “Creating a transparent and trusted relationship between employees and their employer has never been more critical. Speakfully is the best solution I have seen when it comes to ensuring an employee’s voice is heard when something goes wrong. This is a first and necessary step companies must take if they want the insights that will enable them to take proactive steps toward creating better, more inclusive workplaces. I am excited to be welcoming the Speakfully team and its clients to the HR Acuity family! This acquisition elevates our offering by enabling organizations with a full, end-to-end employee relations and investigation solution from allegation to aftercare.”
What the Speakfully official has to say
Jana Morrin, Founder of Speakfully, further added, “We are thrilled to be a part of the HR Acuity team as it is a natural extension of our mission to provide as many employees as possible a safe and private way to report workplace concerns This has been our goal from day one and now, as part of HR Acuity, we can do this at scale.”
About Speakfully
In 2018, Founders Jana Morrin, Nandini Easwar and Zach Halmstad launched Speakfully. Speakfully is a SaaS platform that allows businesses to gather and manage anonymous comments and complaints. It further offers real-time, proactive data and analytics to HR teams to provide them with the types of priorities and conversations that they need to have with their employees. Speakfully allows employees to communicate with HR in an easily accessible and safe way in case something goes wrong at work. Whether the employees choose to remain anonymous or share their names, they can access real time updates on the progress and resolution of their concerns. Moreover, the platform involves a secure portal using a unique key and password created at the time of submission.
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