Culture Amp is likely to list in the United States when it goes public, chief operating officer and chief financial officer Sally Bruce said, as the valuation of the employee engagement and training software company soars.as workplaces around the world have been forced to grapple with burnt-out employees and low morale during COVID-19 lockdowns.Eamon Gallagher
The revenue surge has seen a flood of interest in Culture Amp, Ms Bruce said, with bankers particularly interested in taking the company public. ″We also have a lot of contact with the investment banks who are chasing us constantly around what our pathway to listing is. Our listing pathway will most likely be a US listing,” Ms Bruce toldCulture Amp allows companies to survey their employees and then uses the data to give companies an insight into how they can change workplace culture, improve performance and create better working environments.
Ms Bruce, who joined the company last year having previously been the head of AMP Bank, said she was comfortable with the losses the business is making, as long as revenue growth continues to outpace expenses growth.
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Source: FinancialReview - 🏆 2. / 90 Read more »