Valence is a growing teamwork platform. Recently, it has announced the fundraising of $25M in Series A led by the Insight Partners. The CEO of Valence stated that this fund will be utilized for expanding the operations of the company. The fund would also be used to expand the footprint of Valence in Europe. It will also help in building the product team of Valence. valence 25m series insight partnerswiggerstechcrunch.
So, what are the functions of Valence in today’s digital age? The CEO of Valence describes it as a collection of tools for talent and development. It especially helps the teams-based coaching in an organization. Valence also allows managers to track team performance based on specific metrics. They can also teams with guided communication. valence series insight partnerswiggerstechcrunch.
The CEO further added that he believes a new category of digital team-based tools will evolve. These tools will focus on collaboration and learning together. It will adopt the best practices that facilitators and coaches offer top teams with. They make the resources to train their team available. In simple words, they transform how people work together and grow at work. valence 25m insight partnerswiggerstechcrunch.
Valence believes that they help in building skills and networking among people. That’s why the company creates tool that allow team leadership to optimize work processes. It also allows them to work better with colleagues and clients. Prior to Valence, the co-founder and CEO was a consultant at the McKinsey. torontobased valence 25m insight partnerswiggerstechcrunch.
They also co-founded the nonprofit Engineers. The co-founder is of the opinion that the mechanics of Valence emerged from his previous experiences. With the help of Valence, the managers can set a shared plan and revisit it. Valence also allows the managers to recognize new issues as they evolve.