Whale, the knowledge and training platform for SMEs, raises EUR 1 million from Volta Ventures, Peak Capital, and the founding team. The new funding will accelerate Whale’s global expansion and marketing initiatives.
Whale is a SaaS company that helps teams centralize their processes, procedures, policies, and tribal knowledge in one place, so they can onboard and train employees faster. As a web platform and web plugin, Whale empowers teams with bite-size training content, within the context of their work and delivered just-in-time. The company mainly focuses on service companies with knowledge workers and companies that use frameworks such as EOS® or Scaling up.
Whale Co-Founder and CEO Gary Vanbutsele previously led an IT services firm and knows how time-consuming educating employees the traditional way can get. “Sometimes it felt like all I did was repeat myself over and over again without real progress. I needed to find a more scalable and efficient way to empower my teams with the knowledge they required.
Koen De Waele, Venture Partner at Volta Ventures, explains his motivation to invest: “The Whale team is razor-focused on driving operational efficiency and effectiveness by delivering knowledge in the flow of work. As such, Whale drives digital transformation globally through process operationalization and speeds up onboarding, on-the-job training, and best-practices sharing.”
Stefan Bary, Managing Partner at Peak Capital, adds: “Traditional learning and knowledge management solutions store information in siloed applications, which means adoption by employees is often poor. However, the solution of Whale provides context-aware knowledge within the tools a company uses: the right information for the right employee at the right time. Truly learning while doing in a very efficient way.”
With the funding, Whale will further improve their product and ramp-up their international sales and marketing efforts. Gary ends: "We are very excited to bring not one, but two experienced partners onboard that will empower us in our mission to help companies train and work more effectively.”