Tilt, a Colorado-based technology startup, has grown $ 7.4 million In Group A financing, to manage the termination service through its service solution platform.
Led by Firework Ventures, existing investors such as Matchstick Ventures, Rockies Venture Club, Sofia and Foursight doubled their participation in the round. Brigette Lau, a founding partner at Firework Ventures, said of the company’s turnout:
“At Firework, we invest in companies that manage the future of work. Tilt is a great example of humanizing the work of the company by focusing on the termination process. We were moved by Tilt’s role – to re-imagine the low – and even more excited by Jen and his team. We are excited to be collaborating with Tilt on the next phase of the company’s journey. ”
Tilt was created in 2017 with the mission to provide technology solutions that turned the experience of layoffs away from employees. The Startup-s platform not only simplifies the termination process, but also ensures efficiency, allowing organizations and companies to manage complex pages in line with legislative updates and subsequent compliance changes. The result is employee retention, compliance, and increased Human Resource Efficiency. Jen Henderson, founder and CEO of Tilt, mentioned this role:
“We started Tilt when most companies knew and knew the main flaws in managing employee layoffs. Our mission was to develop an effective technology-based solution to improve the experience for all parties involved in the layoff process. With our Series A funding, current layoff management systems we can continue to engineer the experience it carries out, and once and for all provide staff with a humanized support tool in their most difficult times. ”
The experience of paid leave has always been a complex and challenging experience for companies to navigate, and the pandemic has highlighted its importance as an essential benefit for employees. As 10-15% of the world’s workers who demand annual leave continue to rise every year, there is also a growing demand for solutions specifically designed for their management. Tilt seeks to respond to this request by providing a comprehensive and self-updating solution that is fully up-to-date deletes the need for manual labor.