Limeade announces record company growth and momentum
Major investment and increased market-demand position employee engagement technology company as leading provider for Fortune 1000 companies
Limeade, a technology company that builds high-performing workforces for Fortune 1000 companies, today announced it has achieved record company growth over the past twelve months. This announcement comes on the heels of a $25 million investment led by Oak HC/FT, the premier venture growth-equity fund investing in healthcare technology. Highlighted by 100 percent year-over-year revenue growth, Limeade has surpassed the 100 customer mark with recent partnerships including the Washington State Healthcare Authority and UnityPoint Health, among others.
Limeade attributes this growth to its innovative technology, superior customer service and industry expertise met by an increased demand for employee engagement solutions. Large employers seek Limeade to build performance-focused cultures, reduce unnecessary health costs and retain top talent. To meet significant market demand for its technology, Limeade has also grown its workforce by 300 percent in the past two years to over 100 employees.
To help deliver on the promise of building high-performing workforces, Limeade invests heavily in technology innovation, releasing new features and capabilities monthly. Recent product releases include dynamic social tracking capabilities and support for 80+ wearable devices and fitness apps. Limeade last week deployed its 100th product update, providing customers an enhanced mobile experience and a new “vision page” – motivating users to set personal well-being goals early on.
“Corporate wellness is an outdated term. Reducing healthcare costs is important, but the best way to do that is to inspire employees to own their well-being and bring their ‘A game’ everyday. To get massive employee engagement, we have to reinforce the key workforce strategies of the employer. It’s our job to bring their culture to life,” said Henry Albrecht, Limeade CEO. “This is a humbling milestone, but it’s just a small step toward our mission of measurably improving well-being in the world.”
Limeade, which was established in 2006, is the proud winner of multiple culture and innovation awards, including Greatist’s ‘Healthiest Workplaces,’ The Puget Sound Business Journal’s ‘Best Workplaces’ award, Seattle BusinessMagazine’s ‘Best Company to Work For – Top 10’ and 425 Magazine’s ‘Best Medium Business’. More information about the Limeade employee engagement platform is available at 888.830.9830, [email protected] or by visiting www.limeade.com.
About Limeade Limeade is a technology company that delivers an employee engagement platform to Fortune 1000 companies. We inspire people and companies to improve their health, well-being and performance, bring culture to life and deliver the fresh insights and innovations critical to business success. Headquartered in Bellevue, Wash., Limeade serves over 100 employers and top global brands. Learn more on www.limeade.com, LinkedIn, Twitter and Facebook.