London-based startup Ambr, which provides an AI-powered platform that analyzes real-time workplace data to help companies identify and address the root causes of employee stress, has secured €1.1 million in a pre-seed funding round led by Fuel Ventures, with support from Look AI Ventures, Loyal VC, SeedBlink, APX, Pi Labs, Veridian Ventures, and Plug and Play. The fresh capital will help Ambr enhance its AI capabilities for more accurate and actionable insights, as Vestbee was told.
- Founded in 2022 by Zoe Stones, Jamie Wood, and Steph Newton, Ambr provides an AI-powered platform that helps companies combat workplace stress by analyzing real-time data from over 50 commonly used tools, such as Outlook, Gmail, Microsoft Teams, and Slack.
- The platform anonymizes and analyzes data to identify employee well-being trends, providing personalized recommendations to tackle the root causes of stress. Ambr gathers data seamlessly from daily tools without disrupting workflows or compromising privacy and tracks the impact of interventions over time.
- Ambr serves notable clients, including Uber, BSC Consulting, and Uplink. Clients report a 20% reduction in employee turnover, a 40% decrease in stress-related absences, and annual savings of up to $500,000 for companies with 500 employees.
Details of the deal
- The pre-seed round was led by Fuel Ventures, a London-based venture capital firm that invests in early-stage tech startups with ticket sizes typically ranging between £250,000 and £3 million.
- The funding round also saw support from Look AI Ventures, a Prague-based investment firm that backs EU-based early-stage AI startups, offering investments of up to €250K with the potential for follow-up funding of up to €1M. Loyal VC , SeedBlink, APX, Pi Labs, Veridian Ventures, and Plug and Play, also participated in the round.
"At Look AI Ventures, we are thrilled to support Ambr in its mission to revolutionize workplace well-being. We're proud that Ambr works closely with its technology partners to provide a solution that amplifies the capabilities of existing workplace platforms, showing its value in the modern, interconnected workplace," Partner at Look AI Ventures, Angelo Burgarello, commented in a press release.
- The funding will help Ambr enhance its AI capabilities for more accurate and actionable insights, develop predictive models for proactive stress management, and accelerate its growth to expand its impact on workplace well-being.
"Our solution is already making a significant impact, but we believe we've only scratched the surface of what's possible. With the support of our investors, we're poised to revolutionize how companies approach employee well-being, creating workplaces where people can truly thrive," Co-founder and CEO at Ambr, Zoe Stones, stated in a statement.
