2 Employee Engagement Platform Success Stories [2024]
An employee engagement platform is a great workplace tool to help maintain strong employee relationships, increase business effectiveness and improve company culture. It’s all about getting employees to promote your business on behalf of your organization. This can be done through a variety of ways including, for example, sharing content on social media sites like Facebook and Twitter.
Employee engagement is a new generation of business management. Its main task is to ensure that the work of all employees is aimed at achieving company objectives. The global employee engagement market is worth $1.8 billion, and is expected to surpass $3.7 billion by 2022.
The benefits of employee engagement software include:
Improved morale and productivity
Increased retention rates
Reduced turnover costs
In this list, you'll find real-world employee engagement platform success stories and very profitable examples of starting a employee engagement platform that makes money.
1. Mystery ($1.8M/year)
Shane Kovalsky, the Co-founder of Mystery, came up with the idea for his business after experiencing a perfect weekend in Austin and wondering how he could recreate that surprise and delight for others. He started by planning surprise nights out on the town for friends and family, and with the customer love and a compelling business model, Mystery was born. Now, they have successfully pivoted to B2B virtual events and corporate gifting, engaging with over 20,000 users in just over 2 years.
How much money it makes: $1.8M/year
How much did it cost to start: $1K
How many people on the team: 16
Mystery is an experiences platform with over 20,000 engaged users in just over two years, offering a surprise element to virtual events and corporate gifting.
2. Intelogos ($1.2M/year)
Vasily Malyshev, after nearly a decade leading Messapps, struggled with managing remote teams and effective feedback, inspiring him to create Intelogos—a performance management software now backed by a $500,000 venture fund investment.
How much money it makes: $1.2M/year
How much did it cost to start: $50K
How many people on the team: 6
In this case study, Intelogos, a software company focused on employee wellbeing and performance management, shares their journey of overcoming challenges, gaining valuable user feedback, and securing their first customers, including receiving a substantial $500,000 investment from a venture fund after a successful launch on Product Hunt.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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