Corporate mentoring platform Guider has raised $3m (£2.4m) in seed investment from Fuel Ventures.
Founded in 2017, Guider is a mentoring platform aimed at helping large companies improve employee retention, staff wellbeing, diversity and inclusion and personal development.
Employees at companies such as M&S, Deloitte and The Guardian can also use Guider for sponsorship, buddying and mental health.
Using “matching algorithms”, Guider pairs employees with mentors with relevant experience.
The London-headquartered company said that 84% of users have experienced a positive effect using the platform.
Guider told UKTN it will use the seed capital for growing the platform and its engineering team to help develop more features. It also intends to increase hiring at its New York office, with further expansion planned into France and Germany.
“When mentoring is implemented as a long-term commitment it can have a positive impact on individuals and the organisation overall. Our partnership with Fuel Ventures means we have the capital to up the ante on the development of our smart platform and serve companies across the globe,” said Nick Ross, CEO and founder, Guider.
Guider additionally told UKTN that its biggest challenge right now is finding and hiring the right people for international expansion amid a competitive job market.
Fuel Ventures is an early-stage venture capital that invests into globally scalable marketplaces, platforms and software. Prior investments include Volt, Capdesk and Beyonk.
“There is no doubt that the world of work is changing and organisations, like Guider, are there to help large businesses with big, disparate teams to build better relationships with and between staff,” said Mark Pearson, managing partner, Fuel Ventures.
Guider’s competitors include PushFar.