Whippy
Personalized onboarding and offboarding solutions using data-driven methodology, ensuring new hires have the best possible start and retention, and measuring and evaluating the process for improved leadership, loyalty, and development.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | SEK4.0m Valuation: SEK10.0m 6.1x EV/Revenue | Early VC | |
| Total Funding | 000k | ||
| EUR | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 133 % | 306 % | 71 % | (1 %) | 5 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 40 % | 18 % | 45 % | 11 % | (8 %) | 5 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Whippy is a Swedish startup that operates in the Human Resources (HR) technology sector, specifically focusing on data-driven onboarding and offboarding processes. The company's technology and methodology measure and evaluate a company's onboarding and offboarding procedures, providing valuable data and insights that can strengthen operations related to leadership, loyalty, and development.
Whippy's clients are employers who desire high-quality onboarding and offboarding processes without the need to implement a complex IT solution. The company's niche technology serves as a complement to existing HR systems or Learning Management Systems (LMS). Whippy's unique methodology assists clients in tailoring the optimal solution for their specific organization.
The startup claims that every second employee who undergoes an onboarding process designed with the help of Whippy exceeds their manager's expectations in the first quarter. Whippy's technology can personalize onboarding and offboarding programs between a new employee and their immediate manager, as each relationship is unique. The company helps clients measure and evaluate to continuously ensure the quality of the process and capture any necessary adjustments.
Whippy's business model revolves around providing a service to businesses, presumably on a subscription or contract basis, thus generating revenue. The company operates in a market that prioritizes recruitment and competence, focusing on retaining employees and helping them thrive and develop from their first day until their employment ends.
Keywords: HR Technology, Onboarding, Offboarding, Data-Driven, Employee Retention, Leadership Development, Personalized Programs, Quality Assurance, Learning Management Systems, Employee Development.