Equality Check, a Norway-based crowd-sourced employee review platform, has raised 1.25 million euros in seed funding. Alliance Venture led the round with participation from other investors that included VC Antler.
For immediate release – OSLO, Norway: Equality Check, the crowd-sourced employee review platform, has completed a €1.25m seed investment to fund product development and international expansion.
The Norwegian venture capital fund Alliance Venture lead the round, together with several angel investors and the global early-stage VC Antler, which chose to invest in the Oslo-based start-up for a third time.
Founded in 2018 by Marie Louise Sunde and Isabelle Ringnes, Equality Check creates better workplaces through increased transparency and accountability, with its digital platform offering insights into opportunities for employee advancement and growth regardless of gender, ethnicity, sexuality or age in individual companies.
Often referred to as ‘the Tripadvisor for workplace diversity’, it also supplies companies with a means to assess their own progress in terms of promoting and maintaining progressive gender equality policies, with data from employees informing the analysis.
“We believe diverse and inclusive organisations attract the best talent. With capital readily available, attracting and retaining key employees is crucial,” said Alliance Venture’s managing partner, Johan Gjesdahl. “We also believe the focus on diversity and inclusion from both the public and regulatory authorities is here to stay and will only become more important in the coming years.”
“Through Equality Check, Marie and Isabelle have built tools to help organisations monitor, improve and report on their diversity and inclusion work. With a deep passion for the subject and proven ability to execute, we are strong believers in the team they are building. We are very proud to lead Equality Check’s seed-round and are excited to contribute on the next leg of their journey.”
The company continues to grow and in recent months has entered into several major collaborations with one of Norway’s leading news outlets, E24, as well as KPMG. Equality Check has also acquired some of Norway’s largest organisations as paying customers.
In addition to data collection and analysis, Equality Check supports organisations with reporting on new legislation requirements related to their diversity numbers and efforts, as mandatory under Norwegian law.
“Diversity and gender equality have become one of the most important global trends and we’re excited to see that investors see the potential Equality Check has as a catalyst for equal opportunities, talent development and competitive advantage in the workplace,” said Marie Louise Sunde, founder and CEO of Equality Check. “All organisations need help to interpret their own data, understand where they can improve and learn what measures to implement to improve diversity and inclusion.”
“We’re ready to go full speed ahead and are grateful for having these investors join our journey,” said founder and Chief Evangelist at Equality Check, Isabelle Ringnes. “They are visionary people with significant experience, extensive networks and high ambitions. They share our values and are passionate about the problem we are here to solve.”
About Equality Check
Equality Check is a technology startup that combines qualitative and quantitative data for workplaces to go from insight to action on their Diversity & Inclusion goals. The platform encourages employees to leave anonymous reviews about equal opportunity, workplace culture and more. When 5 employees have reviewed a workplace, the information goes public. Equality Check supports organizations with unique insight from various diverse identities within the organization, helping employers analyse and diagnose how they are doing in terms of diversity and equality. Based on the best available research, organisations receive tailored concrete measures as to how they can improve. Equality Check believes that workplace equality and diversity will be accelerated through their unique approach using data, transparency and accountability. Find out more at https://www.equalitycheck.it/