GELLIFY announces the acquisition of a company in its investment portfolio and the decision to remain in the captable to support the startup in its growth.
The company is Beaconforce, a SaaS software solution, which allows companies to improve their team motivation and therefore productivity, talent retention and performance through continuous listening and feedback between employees and managers.
The acquisition transaction was finalized by Zucchetti, an Italian company that produces software solutions and hardware and supplies professional services.
Beaconforce is a startup founded in 2016 in San Francisco by a team with members from seven different countries, with an Italian core and a global vision since the beginning, internationally distributed in the United States, Italy, UK, Brazil and Denmark.
Beaconforce’s solution combines emotional and artificial intelligence, with a solid scientific basis, to elaborate the “state of health” of people and organizations. Moreover, it highlights attention points and gives suggestions for corrective actions to create stimulating and motivating work environments and improve performance and productivity levels.
Fabio Nalucci, CEO and founder of GELLIFY, commented: “Zucchetti’s acquisition of Beaconforce confirms the validity of GELLIFY’s investment thesis. GELLIFY will remain on board to continue in supporting the company’s growth in a challenging area for today’s companies, i.e. the management and engagement of human resources and talent.”