Standing out in a huge market

Weekly10 was the standout entrant into the Start-Up Series in February 2019, and after the usual due diligence was completed, the Start-Up Series Fund invested in April 2019. The market opportunity is vast – any organisation employing people, and particularly those for whom their people are a source of competitive advantage. HR tech is a market valued at $30 billion and growing at 10% per annum (source: Grand View Research, February 2020). There is lots of competitive activity – including in the sentiment and performance management space. But this is fragmented with room for different approaches. Worth Capital was attracted to Weekly10 by Andy’s bold decision to not follow the competition in anonymising feedback. Instead, the Weekly10 check-in facilitates regular, transparent, two-way feedback between team member and manager which underpins engagement and performance metrics across the business. The differentiated approach which creates good feedback habits was quickly validated by their first major client: Weekly10 was helping them to predict problems before they escalated and even helped anticipate a particular manager leaving the business.