The SaaS company NOQX was founded in May 2023 by Sophie Hedestad, Robert Zetterqvist,
and Matilda Lundsten. In a short
time, NOQX has become one of the leading SaaS companies in goal
management and OKRs, with a clear focus on making goal management
enjoyable and successful for employees.
STOCKHOLM, April 16,
2024 /PRNewswire/ -- Today, NOQX announces that
they have successfully secured their first round of funding from an
impressive group of investors. Of note is Phillip Chambers, founder Peakon, which sold to
Workday for $700 million USD in 2021.
Chambers comments: "I connected with the founding team at an early
stage and had the opportunity to review their product prototype. It
was immediately apparent to me that they were addressing a pressing
issue that business leaders have long struggled with: effective
communication of goals, tracking progress, fostering alignment, all
while maintaining an enjoyable work environment. NOQX's robust
vision assures me that they are prepared to emerge as a frontrunner
among SaaS companies in their field on a global scale."
U.S.-based Giles Whiting, is a
long-time SaaS operator and software investor currently serving as
the President at parcelLab and an advisor at Verdane. Previously he
served as the COO at Forsta (sold to Press Ganey, 2022), led the
Operating Group at SoftBank, and was the General Manager of Medalia
(IPO, 2019). Whiting comments: "Clarity and focus are two of the
toughest on-going challenges for fast moving companies - and
without both of these you're not likely to get much accomplished.
NOQX equips companies and managers with tools to simplify, increase
focus, and keep individuals and teams aligned! It's a recipe for
execution!"
Additionally, Maria Hedengren and
Niklas de Besche are investing.
Hedengren has a solid background in the tech industry and has
previously been the CFO of iZettle and the CEO of Readly.
Currently, she is a Venture Partner at Eight Roads, a global
venture capital fund managing assets of $11
billion USD, among other roles. Maria says: "As an
operational leader for many years, I always placed great emphasis
on goal management as a tool to increase the organization's ability
to execute strategy and overarching goals, providing direction and
feedback to teams and employees. It's difficult to establish
consistent workflows and accountability that are simple and
inspiring enough to become a self-playing piano; that's often where
goal management fails. NOQX has the potential to solve this
incredibly important puzzle piece, and I believe NOQX is the
solution that many business leaders are seeking."
Niklas de Besche, former CEO of
Meltwater and co-founder of the venture studio Mother, is also an
investor and adds: "I seek founders with strong business skills,
who can build a strong culture and gather the best team to achieve
the company's goals. Sophie and I have worked together for many
years, and she definitely meets all those categories!"
Among the investors is also Aref
Abedi, CEO of the SaaS company Jobylon, with operations
across Europe: "For me, it was an
easy decision to invest in NOQX; you not only need a great platform
but also a strong commercial engine, and I know that the team at
NOQX has that."
In addition to the new investors, NOQX's cap table includes
Louise Markgren. Louise is the
General Counsel at the growth rocket Mentimeter and shares NOQX's
vision of changing the way companies work with goal
management.
The team behind NOQX has long felt frustrated with the lack of
effective goal management in companies. With this conviction, they
are driving NOQX's mission to provide employees worldwide with
clarity about their goals. With the recently obtained funding, they
look forward to continuing to improve and develop their platform to
sell it internationally. The company's long-term goal has always
been to establish itself as a global SaaS company with a focus on
North America.
"We are winning new customers every week, and we're onto
something big! I'm proud of the product we've built, and now we're
ready to roll it out internationally," concludes Sophie Hedestad,
CEO of NOQX.
About NOQX
NOQX is a SaaS company offering a platform for Objectives and
Key Results (OKR) with a focus on making goal management engaging
for employees. With NOQX, companies can communicate, track, and
create alignment around goals while unleashing action within
organizations.
Contact:
Sophie Hedestad
sophie.hedestad@noqx.io
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/noqx/r/noqx-secures-major-investors,c3962209
View original
content:https://www.prnewswire.co.uk/news-releases/noqx-secures-major-investors-302118023.html