Culture Shift, the Manchester based tech for good developer, has reached £1 million Annual Recurring Revenue (ARR) for the first time since being founded in 2018.
More than 1.7 million people now have access to Culture Shift’s reporting system, which gives organisations the insights they need to monitor and prevent bullying and harassment in educational institutions and workplaces.
The developer has experienced a significant period of growth over the last two years having secured two rounds of investment, £1.35 million in 2020, followed by a further £1.5 million in 2021, in a funding round led by Praetura Ventures and Blackfinch Ventures.
Further to this, Culture Shift has more than tripled its headcount since January 2020, having bolstered its team with new employees across various parts of the business including marketing, sales and customer experience.
“It goes without saying that the last few years have been challenging for organisations worldwide, so being able to achieve substantial growth during this time has been a huge achievement. We’re currently working with more than 90 organisations across the UK to maintain a positive culture and help them to take a preventative approach to problematic behaviour, and this number is continuing to grow.
“This is a monumental milestone for the whole business and I’m so proud of the team for achieving such incredible things over recent years. It’s been a truly exciting journey since founding the company in 2018. The fact we’re now giving a voice to over 1.7 million employees and students who may not have felt empowered to speak up about problematic behaviour previously is incredible,” comments Gemma McCall, CEO and founder of Culture Shift.
Culture Shift exists to lead positive change in organisational culture, through building products that empower them to tackle harassment and bullying.
