WorkBuzz has secured a £4 million follow-on investment from YFM Equity Partners through the BSC VCTs Funds and YFM’s Growth Funds, bringing YFM’s total investment in WorkBuzz to £8.8 million.
WorkBuzz has experienced significant growth since YFM’s original investment, nearly doubling its annual recurring revenue (ARR) from £2.8 million in June 2023 to over £5 million in March 2025. WorkBuzz continues to innovate, having introduced AI-powered enhancements to its platform which help businesses understand the ‘so what’ from their employee insights and prescribe tangible actions to help organisations foster more engaged and productive workforces.
WorkBuzz will use the follow-on funding to support its next phase of expansion, leveraging its strategic partnerships both in the United Kingdom and abroad, and continuing to pioneer new AI innovations.
WorkBuzz is also investing in its leadership team as it scales. Alex Merrifield has been appointed as the new Chief Product Officer to drive continued product innovation, and a Partnerships Director is being appointed to drive strategic value creation. With a solid foundation in place, WorkBuzz is well positioned for continued growth while maintaining its focus on innovation and customer value.
With this latest investment, WorkBuzz is well-positioned to capitalise on the increasing demand for AI-powered employee engagement solutions, further solidifying its position as a leader in the space.