Market Overview

Fueled By Strong Growth and New Capital, Boston-Based HR Tech Company meQuilibrium Expands Platform Across the Human Capital Management Category

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Company Closes C Round, Taps Kerry Smith From Skillsoft, and Neal Bruce
from Globoforce, to Help Drive HCM Expansion

meQuilibrium,
the leading human capital solution grounded in the science of
resilience, announced $7 million in Series C funding to support the
product and sales expansion of its talent engagement and performance
platform led by HLM Venture Partners of Boston with participation from
current investors Chrysalis Ventures and Safeguard Scientifics.
meQuilibrium, which leads the market in serving global Fortune 500
companies has doubled its growth two years in a row.

"We are investing in our expansion, product, talent, and ultimately in
our customers," said Jan Bruce, co-founder and CEO of meQuilibrium. "We
deliver scalable and highly effective solutions to build more agile,
resilient and productive organizations and address burnout and stress.
How you think and feel determines your performance and tolerance for
change, and in this way our talent analytics help our customers better
evaluate and cultivate their most important asset, their people. Our
solution set delivers value across the HR continuum, from benefits to
talent analytics to leadership development."

meQuilibrium announced the development of a next generation cognitive
solution platform as part of their continued transformation across the
human capital management category. The expanded platform will leverage
the data and advanced people analytics capabilities of the current
platform to incorporate talent optimization, soft skill and upskill
development. This will allow for frictionless integration and data
sharing across the HCM spectrum including with vendors in our customers'
talent, benefits, engagement and LMS ecosystems.

"We are excited about the market opportunity that meQuilibrium has
created by applying its world class science and cutting-edge analytics
to deliver talent analytics and cognitive upskilling at scale," said
Peter Grua, partner at HLM Venture Partners.

Additionally, meQuilibrium has added two strategic roles to its
leadership team: Neal Bruce has joined the company as SVP Product
Strategy. Kerry Smith has also joined to serve as SVP Customer Success.
The company will leverage their human capital management industry
expertise to deliver continuous product innovation and solve cross
departmental challenges as the human resources department increasingly
plays a pivotal role in addressing the escalating need for organizations
to transform in the face of technological, social and economic change.

Neal Bruce has 25+ years in the HR industry with 11 years as an HR
practitioner and 14+ years in product roles with HR software vendors,
most recently as the Vice President of product at Globoforce.

Kerry Smith is joining meQuilibrium from Skillsoft, the world's largest
e-learning provider, where he held several leadership positions and
developed premier client success teams that delivered high client
satisfaction.

About meQuilibrium

meQuilibrium is the engagement, performance and human capital solution
that harnesses behavioral psychology and neuroscience to unleash your
organization's full potential. By unlocking the power of resilient
people and teams, your organization can navigate even the most turbulent
of times. Powered by predictive meQ scores and data-driven insights, our
solution uses clinically-validated assessment and robust benchmarking to
measure resilience and create personalized training programs that build
team and employee skills. With meQuilibrium, you can equip each of your
employees to discover and master skills they need to overcome any
obstacle, increase agility, gain adaptive capacity, and transform your
organization. Learn more at www.meQuilibrium.com.

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