Incentifi, a wellbeing-focused workplace rewards platform designed to incentivise healthier behaviour through real-world value, has closed a £150,000 phase one pre-seed funding round and appointed James Hardy as investor and strategic advisor.
The phase one pre-seed investment will see Incentifi pilot its app with several businesses across industries. This includes with independently owned Specsavers practices, who will explore how rewarding movement and healthier habits can improve staff wellbeing while delivering tangible lifestyle value, such as reducing the cost of holidays.
Following the completion of its phase one pre-seed raise, Incentifi is now preparing for the next stage of its funding, with a £500,000 round currently underway and SEIS assurance in place. This next phase is being run alongside a closed pilot programme and soft launch, focused on learning, iteration and employer feedback.
With 79% of UK employees experiencing moderate to high stress, over a third reporting impact on their personal lives and sleep, workplace wellbeing has reached a critical point. UK sick leave has hit a 15-year high at 9.4 days per employee, driven largely by mental health issues, while presenteeism accounts for 50-70% of total wellbeing-related costs, undermining productivity, team performance, and innovation.
Incentifi’s mission is to help people move more and feel better by rewarding everyday activity such as steps, exercise and workouts with meaningful lifestyle benefits, including travel rewards. The platform is designed to align individual wellbeing with clear commercial outcomes for employers and partners.
