JU alumni company wins 100 million SEK in venture capital
Impraise, a company started by alumni from both Jönköping International Business School and the School of Engineering, has raised 10.6 million dollars in capital to continue its work to replace companies’ annual development talks with a feedback app.
Impraise is a mobile platform that makes it easy to quickly provide personalised feedback after a meeting or project. The company, launched in late 2014, was founded by former students whilst studying on the master's programmes Strategic Entrepreneurship at Jönköping International Business School, and User Experience Design (formerly known as the Information Engineering and Management programme) at the School of Engineering.
After coming second place in a startup competition, the students then joined the Science Park accelerator program and from there they went on to one of the world's premier accelerators - Y Combinator in Silicon Valley.
"Impraise plays an important role when it comes to helping executives maximize the performance of individuals and teams, supporting business development and increasing the retention of talents," said Bas Kohnke, CEO and co-founder of Impraise, in a press release.
“Congratulations to Bas Konkhe and the team. The new funding round is proof that they are an international tech success. At the same time, it is fun for both Science Park and Jönköping University to show that internationally prominent entrepreneurs both train and start their travels in the Jönköping region,” says Gustav Österström, CEO, Science Park Jönköping.
Source: article from Science Park