Manchester tech firm Culture Shift raises £1.5m
Manchester-based tech-for-good firm Culture Shift has secured £1.5m investment in a funding round led by Praetura Ventures, and Blackfinch Ventures.
Culture Shift, founded in 2018, has created a platform for users to confidentially and safely report workplace harassment.
The HR tech firm plans to use the new funding to boost its team with new hires in Manchester, expand into new markets across the UK, and assist the firm to support more UK organisations to improve workplace culture.
The investment follows a previous funding round in March 2020, which saw Culture Shift secure £1.35 investment from Praetura Ventures, and GC Angels.
Culture Shift’s online reporting platform enables organisations to take a proactive approach to protect employees, and is used by more than 70 UK universities alongside a number of other organisations.
Gemma McCall (pictured, left), CEO and co-founder of Culture Shift, said: “We’re extremely proud that over one million people in the UK now have access to our reporting platform. This investment and the continued support from Praetura and Blackfinch will help us now continue our mission to help organisations better manage their own workplace culture with the right tools.”
David Foreman (pictured, right), MD at Praetura Ventures, added: “The work Culture Shift is doing is so important. Everyone wants to work in a place where they feel safe. Gemma and her team work tirelessly to make this a reality for so many people. We’re so pleased to be supporting them on their journey and excited to see them continue to improve the lives of workers in a variety of industries.”
Dr Reuben Wilcock, Head of Ventures at Blackfinch, said: “We were hugely impressed by the drive and ambition of the Culture Shift team, who all believe so strongly in the company’s mission to reduce harassment and bullying in the workplace. It is exciting to be backing such a forward-thinking vision, and one that aligns so well with our own Environmental, Social and Governance (ESG) values.”