GoCo Acquires Employee Experience Platform WFHomie

GoCo, a software solution for the HR sector, has recently announced its acquisition of WFHomie, to accelerate its services for HR professionals in engaging employees and making the workplace better. With WFHomie’s products and solutions, it will enhance cross-selling synergies and innovation, automating HR workflows that HR teams and employees would desire.

This acquisition is GoCo’s first endeavor, with about 15 million dollars in funding from ATX Venture Partners. WFHomie is a platform for solutions related to employee experience and people analytics for remote-first companies. Both companies are coming together with this acquisition to innovate HR products for a more engaging data-driven workplace.

In its recent study, it was found that leadership tasks pressurize HR professionals to retain talent mainly through employee engagement programs. Keeping in mind the necessity of retention and engagement, it is designing a suite for employee management solutions with advanced products and services that would enhance employee experience and offer people analytics for measuring engagement.

Co-founder and CEO of GoCo, Nir Leibovich, said, “We know that employee experience is top of mind for SMBs and the HR teams that support them.” He added, “Our team and our platform are growing rapidly in support of our mission to empower HR professionals, and this acquisition is a key step in that direction. It’s clear that the leadership of WFHomie share our vision, passion, and excitement for creating innovative products that help companies build better workplaces. We’re confident that the WFHomie team will bring the expertise and agility we need to ship new products and expand our service offerings in line with that vision.”