Employee feedback solution provider TINYpulse has been acquire by employee experience firm Limeade.
The TINYpulse Engage solution allows businesses to collect feedback from employees in a systematic manner, while Limeade’s offering focuses on culture-building and employee well-being.
Limeade framed the acquisition as a response to changes in approach causes by the COVID-19 pandemic, citing IDC data reporting that 44% of worldwide organisations planned to increase spending on employee experience technology.
"The COVID-19 pandemic has reinforced the original Limeade vision: Well-Being is foundational to creating healthy employee experiences, which in turn generate better business results for our customers," said Henry Albrecht, Limeade Founder and CEO.
"Limeade Institute science tells us that listening, learning and acting on employee feedback is a top driver of well-being actions. By adding TINYpulse listening capabilities, Limeade is poised to deliver the next-generation employee well-being solution that fits seamlessly into people's daily work."
Limeade said TINYpulse’s workforce would be integrated with the Limeade team after the all-cash transaction closes at the end of July.