Teleskope Technologies, a leading employee experience platform for global enterprises, announced it received a significant minority investment from SEVA Growth, a growth equity firm exclusively focused on serving customer-centric founders building fast-growing, profitable, and technology-enabled companies.
Launched in 2020 as an Employee Community focused software company, Teleskope has evolved into a unified employee experience platform, enabling Fortune 500 and some of the world’s largest enterprises to effectively onboard, develop, and engage their global workforces. And Teleskope’s end-to-end platform provides robust employee experiences, including Employee Resource Groups (ERGs), Mentoring, Employee Events & Communications, and Employee Journeys.
The funding is being made through SEVA I and is the first outside institutional capital raised by Teleskope. And this partnership will look to further Teleskope’s mission to offer meaningful engagement for employees at global enterprises and to nurture a sense of community and belonging in the workplace.
The terms of the deal were undisclosed.
Board members: In connection with the transaction, SEVA’s Founder and Managing Partner, Shalin Mehta, will join Teleskope’s Board of Directors.
KEY QUOTES:
“We are thrilled to welcome Shalin to our Board and the rest of the SEVA team as our strategic growth partners. This investment provides an opportunity to scale our business by growing our sales and marketing initiatives, strengthening our technology, and expanding into new product categories. We’re excited for the next chapter of Teleskope’s growth as we look to continue delivering robust employee experiences to our blue-chip customers.”
Aman Brar, Teleskope Co-Founder and Chief Executive Officer
“SEVA really stood out from other prospective growth equity partners. Their customer-centric approach, robust network, and distinct focus on serving profitable, fast-growing, founder-led businesses made them a perfect match for Teleskope. This partnership will enable us to continue to provide our customers with robust employee experiences.”
Maneet Sarai, Teleskope Co-Founder and Chief Product Officer
“SEVA is excited to support Teleskope, which continues to define and lead the employee-experience category for some of the world’s largest and most respected businesses. Teleskope’s unified employee experience platform drives meaningful value by enabling mission-critical employee engagement in various facets of an employee’s journey. We are excited to partner with Aman, Maneet, and the Teleskope team to continue to build on the Company’s robust momentum and customer-centric approach by scaling product and pursuing strategic go-to-market initiatives.”
Shalin Mehta, SEVA Founder and Managing Partner
