Stayf: Enhancing Workforce Wellbeing for Business Success
Stayf is on a mission to empower organizations to prioritize the wellbeing of their workforce, fostering a thriving and harmonious work environment. The startup has successfully closed a £560K ($700K) pre-seed investment round from AltaIR Capital, Yellow Rocks, and Smart Partnership Capital, that launched a new investment program for early-stage startups called Pre-Seed to Succeed. Somersault Ventures, Mark Younger (ex-Apple) and angels from Dentsu, Bain & Co also participated in the round.
The startup is developing at the intersection of Health tech, HR tech, B2B, SaaS.
After 4 months of using Stayf, 2000 employees’ overall happiness levels increased by 13% on average. The Stayf app sees average engagement levels of 70-80% due to incorporating nudge theory (shaping the environment to influence behavior) principles via digital technology and harnessing the power of social influence within a community. Thus, Stayf is designed in a way to greatly influence the likelihood that the user engages in activities which promote their wellbeing.
“There are a lot of startups that help businesses to enhance employee’ involvement and performance. The team that knows how to build a sustainable business, community around the product, and how face current challenges in the market will win the race. We think that Stayf has everything that they need to become the winner.” Igor Ryabenkiy, managing partner and founder of AltaIR Capital “We see great potential in Stayf. Its strong, experienced team has already built a promising product that aligns with business needs. Their intuitive, results-oriented wellness program fosters loyal employees through physical and social activities, boosting company productivity. Despite its early stage, Stayf is demonstrating serious traction and has already launched pilot projects with several big clients. Their new challenge is to make their mark by conveying the value proposition to even more market players.” Sergei Bogdanov, managing partner at Yellow Rocks
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