Zoom buys VC-backed employee experience app Workvivo

• Workvivo’s clients include Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts
• The deal is expected to close in the first quarter of 2024
• Workvivo was founded in 2017

Zoom has acquired Workvivo, an Ireland and Boston-based employee experience platform. No financial terms were disclosed.

Workvivo’s backers include Tiger Global, Enterprise Ireland and Frontline Ventures.
Founded in 2017, Workvivo’s clients include Liberty Mutual, Lululemon, Ryanair, Madison Square Garden, and Wynn Resorts.

“Zoom’s rapid pace of innovation and the persistent dedication to building products with a human-first mindset is why we are most excited about joining the team,” said John Goulding, CEO and co-founder at Workvivo, in a statement. “Our platform replaces outdated, clunky, internal communications tools with a vibrant, familiar social experience, and has a proven history of unparalleled levels of adoption.”

The deal is expected to close in the first quarter of 2024.

Based in San Jose, California, Zoom is a video conferencing platform.