GAGE: Employee Recognition Enterprise Platform Company Raises Seed Funding

By Noah Long • Feb 7, 2024

GAGE announced that it secured seed funding from Eagle Venture Fund and a group of angel investors. GAGE is a platform and mobile app designed to “Build a Better Workforce” with a new approach to employee engagement, recognition, and performance management.

GAGE’s business platform helps measure and track team and individual performance and employee recognition and improves workplace culture through positive and real-time feedback. And GAGE is the only platform to leverage a personal Universal Employment Score that helps employers by providing critical tools to be great leaders and managers. Companies that utilize the mobile platform have experienced increased employee motivation, engagement, and reduced turnover. The app also empowers employees in their career journey with a lifelong, universal, verified record of their accomplishments that they can take from job to job.

GAGE has major plans and objectives with its initial funding, including additional platform feature development for employees and businesses and growing their sales force and integrations. GAGE has already signed up an impressive number of business clients and has helped increase employee engagement and retention in industries such as restaurants, healthcare, senior living, banking, finance, nonprofits, higher education, accounting, entertainment, and legal.

KEY QUOTES:

“We are pleased to invest in GAGE and excited to partner with GAGE’s founder,Justin Henshaw. Justin is the kind of founder we love to back: he’s a highly-experienced leader and serial entrepreneur that’s developed a uniquely-better value proposition with ‘Native Impact.’ GAGE has excellent market traction and is well positioned for success. Native Impact,” a term coined by Eagle, encapsulates the unique strategy of investing in companies whose core products or services inherently produce the intended impact, thereby eliminating the typical tension between profit and impact.

  • Wade Myers, General Partner with Eagle Venture Fund

“I am genuinely elated to welcome our lead investor onboard. Their strategic vision aligns seamlessly with our mission. This partnership is a testament to the exciting future that lies ahead for our company.”

  • Justin Henshaw, GAGE founder and CEO