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Jostle Seeking $2 Million Investment Round - Announces Vancouver & Calgary Investor Events
Wednesday, June 11, 2014Company Profile | Follow Company
Targeting Leaders as Investors
Vancouver, BC, June 11, 2014--(T-Net)--Jostle Corporation announced today that it is looking for leaders to invest in its quest to reinvent the intranet.
Investor events will be held in Vancouver on June 17 and in Calgary on June 19.
Jostle is working to try to turn the lowly intranet (employee portal) into an engaging leadership platform. Gone are the days when the intranet was the ‘place documents go to die'.
Using Jostle's platform, leaders can now understand, align and engage employees, even when they are busy, dispersed and diverse, according to the company.
Jostle's Chairman Don Bell knows the power of enabling employees. He is the cofounder of WestJet Airlines and the architect of the powerful people-centric culture that allowed them to sustain the high levels of employee engagement and customer service required to fuel their rapid growth.
“Connecting directly with employees has been at the core of inspired leadership since the beginning of time. That's hard when your company is growing fast and is dispersed across the world,” observes Don Bell. “It's exciting to see how Jostle has managed to create a platform that both enables employees and helps leaders lead.”
“Thanks to our work-relevant approach we are seeing employee engagement rates that are 5 times industry norms, measured across customers that are in 15 countries and over 20 industries,” commented Jostle's CEO and cofounder Brad Palmer. “That gives us the confidence we need to accelerate our market growth and continue to build out a platform that will truly transform how leaders connect their people and the tools they use.”
Jostle is also unique in its approach to funding, “We have over 50 investors, most of whom are inspired leaders in their own right and are passionate about what we do,” said Palmer. “That approach has helped us a lot and one that we are tapping into further for our current investment round.” Jostle has raised $4.6 M to date and is currently raising an additional $2 M.
To help leaders understand the impact of technology on great leadership, and the economics of investing in capital-efficient, cloud-based businesses, Jostle is hosting information sessions in Vancouver (June 17 at 5 PM) and Calgary (June 19 at 5 PM). Attendance is by invitation only - email investment@jostle.me to request yours.
ABOUT JOSTLE
Jostle is the creator of a new kind of intranet that is designed to help leaders engage their workforce. Its elegance and relevance yield exceptional participation rates - exceeding five times industry standards. Jostle's intranet is turnkey, cloud-based, and requires no IT resources to maintain.
IMPORTANT NOTE
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state, province or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province or jurisdiction.
The offering is being made only by means of a prospectus. Copies of the prospectus related to the offering may be obtained, when available, from the company.
For more information contact info@jostle.me or visit us online at www.jostle.me.