New Enterprise Associates, Inc. is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. With over $19 billion in cumulative committed capital since the firm’s founding in 1977, NEA invests in technology and healthcare companies at all stages in a company’s lifecycle, from the seed stage through IPO. The firm's long track record of successful investing includes more than 210 portfolio company IPOs and more than 360 acquisitions.

New Enterprise Associates

Notion is an entrepreneur-led venture capital firm that focuses on high potential businesses in the Cloud Computing and Software-as-a-Service (SaaS) markets. It is an early-stage venture fund that focuses mainly on technology and cloud computing markets. The firm helps European tech companies fulfill their potential and achieve a massive scale. Notion invests early when it can build strong relationships and help to shape the future success of its companies. Notion Capital was founded in 2009 and is headquartered in London, England.

Notion Capital

Australian Government Future Fund is a sovereign wealth fund of the Commonwealth of Australia. The firm invests a part of country's budget surplus. It invests in public equity, private equity, fixed income, and alternative investment markets. The firm’s alternative investments include investments in real estate markets, infrastructure, commodities futures, and utilities. Note: the Future Fund was established to manage funds on behalf of the Australian Federal Government. It is required by law to invest only via external investment managers. The list of external managers is available on the Future Fund’s website. The Future Fund is not open to receiving direct requests for investment.

Future Fund

Workday Ventures is the strategic investment arm of Workday focused on identifying, investing, and partners with early to growth-stage companies. The company helps accelerate innovation and connects the next generation of enterprise technology companies with Workday’s customers, partners, and employees.

Workday Ventures

NewView Capital is a new model venture capital. It spun out of New Enterprise Associates (NEA) in response to evolving market dynamics, including extended exit timelines. NewView Capital has developed a new model in venture capital to drive sustainable growth for entrepreneurs, venture capital firms, and limited partners in this changing venture landscape.

NewView Capital

Topia

The Topia global talent mobility platform enables businesses to deliver mobility as part of a broader talent and business strategy with enhanced employee experiences. This drives competitive advantage by ensuring the right people are in the right place at the right time. The Topia platform automates the entire global talent mobility process, from scenario-based planning, compliance risk management, expat payroll, reporting, and more. Topia powers global talent mobility programs for many of the world's most trusted brands, including Schneider Electric, Dell, Veolia, Equinor, AXA.

<div>Topia is a&nbsp; platform which automates global talent mobility tasks such as scenario-based planning, compliance risk, expat payroll, and reporting among others. Topia&rsquo;s global talent mobility suite includes Topia Plan, Topia Manage, Topia Pay, and Topia Go.</div>

Distributed workforces require new solutions for office operations, HR, payment, and more.

Remote Work Infrastructure

<div>
 
 Topia is a&nbsp; platform which automates global talent mobility tasks such as scenario-based planning, compliance risk, expat payroll, and reporting among others. Topia&rsquo;s global talent mobility suite includes Topia Plan, Topia Manage, Topia Pay, and Topia Go.
 
 
 The company has expanded its operations to Seattle, New York, and Europe. The platform is used by Fortune 1000 enterprises in industry verticals such as financial services, energy, manufacturing, technology, and pharmaceuticals among others.
 
 
 In February 2021, the company entered into a strategic partnership with Cartus Corporation, a company offering compliance services for distributed teams.
 
 
 Cartus provides relocation services to over 50% of Fortune 50 companies and small and medium-sized enterprises globally. Cartus&rsquo;s industry experience in more than 185 countries, together with Topia&rsquo;s capabilities, will enable the companies to deliver a broader offering to their customers. Namely, the offering will allow companies to manage multi-jurisdiction taxes, immigration status, payroll risks, and regulatory compliance for their distributed teams.&nbsp;
 
 
 
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 ActivTrak is a cloud-based productivity monitoring software provider. The platform offers data and analytics which can be used to detect workplace productivity gaps. The platform collects data from employee activity logs and computer screenshots. ActivTrak also facilitates a range of tasks for admins such as blocking websites, flagging suspicious activities, IP address connections, and monitoring web, and app traffic.
 
 
 The company claims it has grown more than 200% since March 2019, with a 60% increase in year-over-year (YoY) annual recurring revenue (ARR) from January 2019 to January 2020. The company operates a subscription model which includes a freemium plan and paid plans starting at USD 7.2 per user per month. As of April 2021 the company has over 8,000 customers and more than 250,000 users on its freemium plan across more than 90 countries.&nbsp;
 
 
 In November 2020, ActivTrak raised USD 50 million in a Series B round led by Sapphire Ventures with participation from Elsewhere Partners. Sapphire Ventures CEO and managing director joined ActivTrak&rsquo;s board as part of the deal. The new proceeds were earmarked for scaling global sales and marketing campaigns, expansion of its platform using artificial intelligence (AI) driven analytics, and improving integration with its technology partners.
 
 
 
 
 
 
 
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ActivTrak

inFeedo is a people predictive analytics company based in India. The Y Combinator-backed startup founded in 2013 is currently focused on “Amber” (launched in 2016), an AI-enabled bot that helps manage employee engagement, predict attrition, and get a pulse on company culture in real time. The company also offers AI-driven exit surveys and analytics to improve retention.Key customers and partnershipsAs of April 2024, over 700,000 users across 250 organizations utilized inFeedo’s platform. Notable clients included GE Healthcare, Puma, Tata Group, and Lenovo.Funding and financialsIn its latest funding round (<a href="https://sp-edge.com/updates/9099">March 2022</a>) inFeedo raised USD 12 million in Series A funding led by Jungle Ventures, reportedly tripling its valuation from less than 18 months ago. The fresh funds will be used for its second employee stock ownership plan (ESOP) buyback for all employees and its go-to-market activities in North America. Further, the company claims it has achieved annual revenue of USD 1.6 million as of November 2020.

inFeedo

<div>
 
 Donut provides solutions to keep employees engaged with casual conversations. Its first product, Intros, makes connections between teammates via Slack to emulate quick meetups and in-person introductions at work, which are now virtual.&nbsp;
 
 
 Donut&rsquo;s new product, Watercooler, launched in October 2020. It attempts to reinvent the micro-interactions between employees at the office watercooler online. The product will integrate with Slack, where a newly-designated channel for Watercooler will be created. The product will post questions automatically within the customers&rsquo; desired frequency and pre-selected topics.
 
 
 The company claims it has supported four million connections (one million since the Covid-19 pandemic) across its 12,000 customers, including companies such as Okta, Zapier, Slack, The New York Times, and Invision.
 
 
 Donut announced a USD 12 million funding round along with its new product, Watercooler. The funding was led by Accel, with participation from Bloomberg Beta, FirstMark, Slack Fund, and multiple angel investors. The company uses a freemium subscription model with paid plans starting at approximately USD 2 per user per month.
 
 
 The company announced that the USD 12 million raised, which was accumulated over multiple rounds before the Covid-19 pandemic, will be used for product development.
 
 
 
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Donut

<div>
 
 Matter is an employee feedback platform founded by Brett Hellman. Hellman was the founder of messaging app &ldquo;Hall&rdquo;, which was founded in 2011 and later sold to Atlassian for USD 20 million in 2015.
 
 
 Matter uses 360-degree feedback to evaluate skills in employees which are linked to career success. The platform links skills such as influence, inclusiveness, empathy, resourcefulness, and multitasking to evaluations. Matter is currently available in beta.
 
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Matter

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 Mesh is a Y Combinator-backed company that allows employees to set goals, track tasks, share feedback, and engage in one-on-ones. Its subscription plans start at USD 6 per month per user. As of April 2022, Mesh has served over 1,000 teams across five continents.
 
 
 In its most recent funding round (
 <a href="https://sp-edge.com/updates/9768">
 April 2022
 </a>
 ) Mesh raised USD 11 million in Series A funding led by RTP Global. This followed its USD 5 million seed funding round in 
 <a href="https://sp-edge.com/updates/4375">
 July 2021
 </a>
 . The fresh funds will be used to expand its global footprint across the US and APAC regions. In line with this, the company plans to expand its headcount across the engineering and sales departments.
 
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Mesh

Solutions in this industry hub are predominantly offered under a B2B SaaS model

Employee and performance management solutions use AI/Ml to infer engagement insights and sentiment analysis

Offers tools for companies to hire contractors globally, and conduct employee and performance management

Companies that offer the entire spectrum of HR tools including payroll processing benefits, onboarding, compliance, analytics, scheduling etc

EoR - Companies that assist businesses in hiring distributed teams globally in compliance with foreign labor laws. EoRs become the legal employer of offshore employees. Solutions include payroll, benefits, and taxes.

PEO - Companies that offer similar services to EoRs but establish a co-employment arrangement with businesses and do not become the legal employer.

Topia

Remote Work Infrastructure

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