By Somesh Dash and Jason Kong
Today, IVP is excited to announce our investment in Humu, a behavioral change software company helping people increase productivity (and in turn happiness!) through proprietary technology rooted in science and machine learning. IVP is the lead investor in a $30M Series B round of financing, with Somesh Dash joining the board as a Director. We are thrilled to be partnering with the company founders Laszlo Bock and Wayne Crosby, and existing investor Index Ventures to change how the world works.
Working to Live or Living to Work?
Choose a job you love, and you will never have to work a day in your life. The 154 million working adults in the United States spend on average 8.28 hours working each day according to the Bureau of Labor Statistics. For the 128 million Americans classified as working full time (>35 hours weekly), the average rises to 8.81 hours, more than the amount we spend daily on personal care and sleep. Given that we spend more time working than anything else, we all expect that our professional experiences combine purpose, structure, learning, achievement, joy, and fulfillment.
We come into the first day at a new job green with excitement, eager to join together, and take steps towards realizing our organization's inspirational mission. From there, the path forward diverges. Some are taken under the wings of caring and fair managers, given the shelter and nourishment to grow into our best selves while contributing to the team. Others are thrown into a mosh pit of office politics, left to wrestle with the beast of corporate bureaucracy while being nipped at the heels by workplace inequality. For those in the latter camp, many will join the nearly 50% of Americans who see their job as just what they do to earn a living, rather than anything more. We believe that work can be better and Laszlo and Wayne believe it absolutely needs to be better. Unlocking the potential of each of our current and future employment opportunities is the dream that both founders are pursuing relentlessly over the next decade.
The Happiest (Work) Place on Earth
The Disneyland of work sits nestled in Silicon Valley, a campus scattered with rainbow-colored bicycles, nap pods, and gourmet cafeterias. While the credit due to Larry Page, Sergey Brin, Eric Schmidt, Sundar Pichai, and other executives for building Google into the company it is today cannot be understated, Humu co-founder Laszlo Bock was the one to harness Google's chief competitive differentiator: human capital. As Google's first Senior Vice President of People Operations, Laszlo truly transformed the company's culture and even wrote a New York Times Bestseller book called Work Rules that synthesized many of his learnings. During his decade-long tenure at Google, he was instrumental in the company from a 5,000 employee start-up to a 70,000-employee multinational organization synonymous with workplace culture. Through Laszlo's combination of organizational behavioral theory with a data-driven approach, he created the field of People Operations and led Google to be named America's Best Company to Work for six years straight. Wayne Crosby spent a decade at Google as one of the most valuable engineers in the company and received the Great Manager Award in 2012 for his engineering leadership. Jessie Wisdom, PhD, spent a decade leading research projects for Google's People Innovation Lab and People Analytics teams, improving organizational decision-making and driving behavioral change throughout the company. We can't think of anyone more suitable and experienced to make work better for all of us than the team at Humu.
A Job Well Done
Laszlo, Wayne, and Jessie started Humu in May 2017 with a mission to make work better for everyone, everywhere. They are creating a proprietary technology to empower Enterprise leaders to measure what matters (and only what matters) and to leverage people analytics (and a little bit of
) to nudge people towards being their best selves, every day. Today marks the one-year anniversary since Laszlo and Wayne birthed the company. In the past year, Humu has developed a new approach to employee engagement via their platform and gotten a number of large enterprise companies to sign up as customers.
IVP has partnered with some of the fastest growing enterprise companies of all time, including AppDynamics (acquired by Cisco), Dropbox (Nasdaq: DBX), Marketo (acquired by Vista Equity Partners), Pure Storage (NYSE: PSTG), Rubrik, and Slack. Humu shares many of the same attributes early in its company's journey that made those companies successful. We believe that work can, and should, be better for everyone and that happier employees work better. We couldn't be more excited to be partnering with the Humu team to bring this vision to reality in the years to come. Happy Birthday!
Somesh Dash is a General Partner at IVP, a later-stage venture capital firm based in Menlo Park, CA. Jason Kong is an Associate at IVP.
Most recent headlines
04/08/2024
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet, a leading technology and service provider for media-rich organizations, a...
28/04/2024
Mediahaus delivers the first SRT live-streaming sports production over 5G with U...
23/04/2024
IN ADDITION TO FICTION AND DOCUMENTARY FEATURES, THE SELECTION INCLUDES:
PRO...
23/04/2024
Today, we announced our first quarter 2024 earnings. In a solid start to the year, Spotify reported
Monthly Active Users grew 19% Y/Y to 615 million.
Subscri...
23/04/2024
Idag publicerar Spotify sina finansiella resultat f r f rsta kvartalet 2024. ret har inletts stabilt:
M natliga aktiva anv ndare kade med 19 % j mf rt med f...
23/04/2024
In the last decade, as K-Pop cemented its status as a global phenomenon, Spotify has helped fans around the world keep their fingers on the pulse at every step ...
23/04/2024
Social entrepreneur Hedayat Osyan wins Les Murray Award for Refugee Recognition
23 April, 2024
Media releases
The prestigious award is now in its third yea...
23/04/2024
LONDON IBC is now accepting nominations for its IBC2024 Innovation Awards, which honor achievements in technological innovation and social impact media & entert...
23/04/2024
WASHINGTON, D.C. In response to the introduction of the Broadcast VOICES Act that seeks to encourage more diversity in the ownership of TV and radio stations, t...
23/04/2024
MIAMI, Fla. As part of a push to expand its FAST channel and streaming operations, Hemisphere Media Group has launched its free ad supported television (FAST) c...
23/04/2024
LOS ANGELES DirecTV is adding seven new channels to its rapidly expanding streaming lineup through new licensing agreements with Cineverse Corp. and Scripps Net...
23/04/2024
Entitled Our Creative Future, the manifesto calls for radical new action' t...
23/04/2024
The company has secured investment from private equity firm PAI Partners, which also holds a stake in outside broadcasting company EMG
By Jenny Priestley
Pub...
23/04/2024
Cameron also said he recognised Marlow as a potential UK and European base for his new company, LIGHTSTORM 3D
By Matthew Corrigan
Published: April 23, 2024 ...
23/04/2024
The five categories cover Content Creation, Content Distribution, Content Everywhere, Social Impact and Environment & Sustainability
By Matthew Corrigan
Publ...
23/04/2024
He played a central role in securing key broadcast rights, including the FIFA World Cup 2018 and 2022
By Matthew Corrigan
Published: April 23, 2024
He pla...
23/04/2024
IBC is preparing to honour the highest achievements in technological innovation and social impact with the launch of its prestigious IBC2024 Innovation Awards, ...
23/04/2024
BREA, Calif. Bolin Technology is integrating Network Device Interface (NDI) across its product line, bringing support for the latest NDI technologies to its PTZ...
23/04/2024
WYOMISSING, Pa. PENN Entertainment has announced that longtime Disney and ESPN executive Aaron LaBerge has been named chief technology officer effective July 1,...
23/04/2024
In response to an FCC ruling in March proposing a $1.2 million fine against Nexstar and a ruling that Mission Broadcasting sell WPIX, Nexstar has filled a respo...
23/04/2024
Sony has announced new details about how the National Hot Rod Association (NHRA) is using Sony's Ci Media Cloud platform to streamline its workflows and spe...
23/04/2024
Esports' rapid rise to popularity can be attributed to many factors, from technological advancements that have enhanced the quality of modern gaming experie...
23/04/2024
OpenDrives, Inc., the global provider of software-defined media workflow solutions and data management capabilities, has been selected as a winner in the 2024 N...
23/04/2024
BCNEXXT is pleased to announce that Vpe has won the 2024 NAB Show Product of the Year Award in the Asset Management, Automation and Playout category. The offici...
23/04/2024
Gravity Media, a world leading global provider of complex live creative production and media services, today outlined the broadcast technology and television pr...
23/04/2024
Scality, a global leader in cyber-resilient storage for the AI era, today announced the appointment of Peter Brennan as Chief Executive Officer (CEO) of Scality...
23/04/2024
Blackmagic Design today announced ATEM 1 M/E Constellation 4K and ATEM 2 M/E Constellation 4K switchers, two new Ultra HD models of the ATEM Constellation famil...
23/04/2024
Blackmagic Design today announced Blackmagic Videohub 120x120 12G, the newest model in the Videohub 12G router family. The massive Blackmagic Videohub 120x120 1...
23/04/2024
Blackmagic Design today announced new lower prices for Blackmagic Video Assist 3G and 12G models. Customers can save US$200 on all models. These lower prices ma...
23/04/2024
Adder Technology continues to shine brightly, with its groundbreaking product, the ADDERLink INFINITY 3000 (ALIF3000), once again taking center stage. Hot on t...
23/04/2024
Pliant Technologies' CRP-C12 Compact Radio Pack is an Audio Production, Processing and Networking category winner in the 2024 NAB Show Product of the Year A...
23/04/2024
SipRadius, the specialists in live media transport and transcoding, will showcase their world-leading implementation of AV1 and JPEG-XS over transport streams a...
23/04/2024
Composer Rafael Krux has added a Prism Sound Dream ADA-128 modular conversion system to his production studio where he creates music for commercials, trailers, ...
23/04/2024
PMC proudly provides the ultimate large-scale Dolby Atmos audio system for the legendary musician Steven Wilson at the High End, Munich. He will share his exten...
23/04/2024
Particles emitting from a 3D rotating shape's edge
Graham Quince April 22, 2024
0 Comments
In Fixin' FX, people send me their problematic proj...
23/04/2024
Hollyland Technology Announces a New Line of Video Transmitters: Introducing the...
23/04/2024
Charlotte Deleste, anchor at WISC Madison, Wisconsin, is leaving the station. Her final day on the air is April 24. Deleste has spent 18 years there....
23/04/2024
Top WNBA draft choice Caitlin Clark will appear on local broadcast for 17 games next season in a deal between Tegna and the Indiana Fever....
23/04/2024
Soccer's Appeal to Younger Audiences: Inside the Gamification of European Fo...
23/04/2024
With NBA and NHL Playoffs in Full Swing, Never a Dull Moment for TNT Sports Prod...
23/04/2024
NAB 2024: AT&T Business's Scott Beckett Details Transmission Firepower With ...
23/04/2024
NAB 2024: Manufacturers focus on cinematic look for live productions By George Bevir
Tuesday, April 23, 2024 - 10:40
Print This Story
With live sports pro...
23/04/2024
Save the Date: SVG Sports Content Management Forum Returns to NYC on July 24 By SVG Staff
Tuesday, April 23, 2024 - 4:05 pm
Print This Story | Subscribe
...
23/04/2024
Published On: April 23rd, 2024
data-orig-src=https://www.sgo.es/wp-content/upl...
23/04/2024
Rohde & Schwarz introduces new R&S SMB100B microwave signal generator for analog...
23/04/2024
Back to All News
Who's In for Something Really Fun ? The Curtain Rises on ...
23/04/2024
Back to All News
Celebrating World Book Day: How Netflix Adaptations Are Driving Bestseller Lists
Entertainment
23 April 2024
Global
Link copied to clipboa...
23/04/2024
Back to All News
Top 10 Week of Apr. 15: Rebel Moon - Part Two: The Scargiver&...
By Somesh Dash and Jason Kong
