Name: Engagedly
Brand: Engagedly Inc
SKU: 63c82c2caf70319ec8838ae3
Rating: 4.5 (1503 reviews)

Claim Your Profile

Engagedly

By Engagedly Inc

Alternatives

Categories Associated

Talent Management Systems

Employee Engagement Software

Overview of Engagedly Software Company

Engagedly is a comprehensive cloud-based talent management platform designed to enhance employee engagement and performance. Catering to HR leaders and organizations of all sizes, Engagedly offers a suite of features including performance reviews, goal setting and tracking, real-time feedback, social collaboration, and employee rewards and recognition. The platform's E3 People Success Model—built on the pillars of Engage, Enable, and Execute—focuses on aligning individual and team goals with organizational objectives while fostering a culture of continuous feedback and development. Engagedly is known for its intuitive user interface and robust functionalities, such as its integrated Learning Management System (LMS), advanced analytics, and customizable dashboards. By incorporating AI-powered tools and workflow automation, Engagedly aims to streamline HR processes, improve employee retention, and support professional growth within organizations.

Founding and Growth

Engagedly was founded in 2015 by Srikant Chellappa and Jayashankar Balaraman. The company has experienced significant growth, achieving a 577% increase over three years, which earned it a spot on the Inc. 5000 list of fastest-growing private companies in the U.S. By 2023, Engagedly had reached $5.4 million in revenue with 400 customers.

Funding and Valuation

Engagedly has raised $1.5 million in funding and reached a valuation of $40 million by 2023. In 2022, the company received an investment from Aquiline Credit Opportunities to expand its product offerings and fuel global growth.

Product Offerings and Features

Engagedly offers a wide range of features designed to enhance employee engagement and performance management. Key features include:

Performance Management
Goal Setting and Tracking
360-Degree Feedback
Employee Recognition
Pulse Surveys
Learning Management System (LMS)
OKR Management
Social Collaboration
Employee Check-Ins
Competency Management
Succession Planning.

Acquisitions and Product Expansion

In 2019, Engagedly acquired Management Mentors, a company specializing in mentoring software, to complement its existing product suite and enhance its focus on employee development.

Engagedly AI and New Features

New Features

Engagedly continuously evolves its platform by integrating AI, automation, and gamification to elevate employee potential and organizational growth. The platform is built on the E3 People Success Model, which focuses on engaging employees, enabling high performance, and executing strategic goals.

Company Culture and Values

Engagedly emphasizes a high-performance culture that values transparency, employee engagement, and development. The company believes in empowering employees and aligning personal goals with organizational objectives to foster a supportive and productive work environment.

User Base and Community

Engagedly serves over 400 mid-market enterprise organizations globally, helping them digitize their performance management processes and improve employee engagement. The platform is designed to be user-friendly and is well-regarded for its intuitive interface and comprehensive features that cater to both HR leaders and employees.