Bellevue-based Limeade has taken a step in spreading its employee-wellness platform to companies and employees across the U.S. and beyond by acquiring Kirkland-based 9Slides, the Kirkland company that makes employee-training software.
9Slides was highlighted in the first issue of 425 Business as an Eastside startup to watch, and indeed, the company has moved to change the way employees participate in company training. 9Slides developed technology that allows employees to receive remote training on a range of devices. The platform also facilitates quizzes and presentations. When we reported on 9Slides this past fall, it had received $1 million in funding and counted Microsoft, Fred Meyer, and Volvo as customers.
In September, 9Slides CEO Ruchit Garg told 425 Business he thought the company was “just getting started. From a product standpoint, we want to have more interaction and more companies using 9slides. We want to grow our team. But at the end of the day, we just really want to build something that people love to use.”
In a question-and-answer posted on Limeade’s company blog, Garg revealed that Limeade had been a 9Slides customer and the two companies formed a beneficial relationship.
“There’s a ton of mutual respect and admiration between both teams,” Garg said in the blog post. “It made sense to bring in 9Slides training under Limeade to build a grand vision for (a) happy, engaged, and high-performing workforce.”
Limeade is buying 9Slides after a $34 million funding round in October. The company also reached what it termed the “Limeade 100” in 2014: 100 customers, more than 100 employees, 100 percent year-over-year growth, and 100 product releases. At the time, Limeade CEO Henry Albrecht said he expected the company to double in size in 2015.
The acquisition was announced June 16 and financial terms were not disclosed. The 9Slides technology will be rebranded and offered as an add-on product to the well-being and engagement platform offered by Limeade.
“We’re creating an engaging experience that inspires people to improve health and well-being, while addressing the needs of HR leaders who want fun, simple solutions that work,” Albrecht said in a press release. “The 9Slides team has built game-changing technology that we know will delight our customers and inspire employees to take control of their own health and well-being.”