HAMBURG, Germany – (BUSINESS WIRE) – July 20, 2021–
COYO, the leading social intranet and communication platform for employees, achieves a blow with the acquisition of the Paris-based people analytics platform Jubiwee. Over the past 5 years, Jubiwee has doubled its operations and customer base every year. More than 40 leading French companies use Jubiwee to assess the motivation of their employees or to support transformation projects. By partnering with Jubiwee, COYO is accelerating its internationalization outside the DACH region and adding an essential toolbox to its digital workplace proposition.
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COYO acquires French employee engagement platform Jubiwee (Graphic: Business Wire)
Since the virus accelerated remote working, countless companies have learned that their operational efficiency in remote scenarios is highly dependent on employee engagement. With Jubiwee’s engagement analysis tools and its own communication and intranet platform, COYO now offers a complete employee engagement offer in the market. Customers will be able to overcome the limitations of remote working and make it more efficient for employers and employees.
In order to ensure continuity and stability at both company and product level, Thibaud Martin, co-founder of Jubiwee, will join the COYO management team. Jubiwee’s Paris office will become COYO’s French headquarters. Jubiwee customers have already been told that their favorite product will be continued and even improved.
With the ambition to create ‘attractive and engaging business software’, Hamburg-based tech entrepreneur Jan Marius Marquardt founded COYO in 2010. The current platform is a modern social intranet and employee app that enables organizations to drive employee engagement and improve corporate culture. The platform has more than 400 customers, serving more than one million end users. Jan Marius Marquardt, Founder and CEO of COYO, said: “I am more than happy to have joined forces with Jubiwee: it seems like the right step, pushing the company and the product to the next level and accelerating our expansion in France, one of our priorities. markets. Beyond cool tech, there’s no better way to start building a French presence than by teaming up with a French team that has already proven itself and shares our values. This addition is the next big step in becoming the most widely adopted employee communication platform in the world. “
Both companies have a European DNA, share the same culture and vision and are very product-oriented: UX and UI are essential, while user adoption is higher than the market. Jubiwee’s technology and user experience centric product resonates strongly with COYO’s product philosophy. Jan Marius Marquardt explains: “A successful engagement analysis solution is essential to a 360 ° communication offering with employees and will bring a lot of value to customers. The merger therefore represents an excellent opportunity for current German and French customers.
Jubiwee was founded in 2016 by Thibaud Martin, Victor Mustar and Antoine Bellion. The company offers a next-generation engagement analytics platform with a user-centric approach to improve employee experience, reduce turnover and improve retention. Thibaud Martin, co-founder and CEO of Jubiwee, explains, “The market for people analytics and overall employee engagement has grown significantly in recent months, in part due to the COVID crisis. In addition, customers have become more mature and demanding. To capitalize on this development, we have decided to join forces with a strong, recognized and ambitious company that shares the same values: COYO. Partnering with COYO is the best way to build a more complete offer and accelerate in this crucial time.
The two solutions will be continued in their current form and developed according to their respective roadmaps. Short-term ambitions include the further growth of Jubiwee in France, the cross-selling of the respective solutions to existing customers and prospects as well as the introduction of the COYO offer in France. Mid- and long-term ambitions include integrating the two solutions to deliver a complete employee engagement suite, enabling companies to communicate and take the pulse of their colleagues in a modern, efficient and transparent manner. Overall, the companies’ solutions are complementary and together present a solid offering, both in terms of depth and breadth. By adding two very competent cutting edge solutions, COYO and Jubiwee create an extremely compelling sequel.
More information is available at www.coyoapp.com.
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KEYWORD: EUROPE GERMANY FRANCE
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SOURCE: COYO GmbH
Copyright Business Wire 2021.
PUB: 07/20/2021 10:26 a.m. / DISC: 07/20/2021 10:26 a.m.
Copyright Business Wire 2021.