Written by Christina Levada
Two little-known but alarming facts are that 95% of employees don’t know their company’s strategy and goals. And that 85% of employees have no sense of purpose in their work.
The result is what has come to be known as ‘Quiet quitting’ with 60% of employees admitting that they’re doing the bare minimum required and are psychologically detached from their jobs.
Dosen, the pioneering AI-driven employee alignment platform founded by Ronan Wall, Victor Burke and Cian McCarthy, today announces the successful close of a $2.3 million oversubscribed pre-seed funding round. Led by Affinity Ventures with investment from Unshackled Ventures and Fuel Ventures, the round exceeded its initial target, highlighting strong investor confidence in Dosen's innovative approach to one of the biggest problems in today's workplace.
Already revenue-generating, Dosen enables HR departments and senior leadership to retain talent and increase performance by aligning company performance with employee purpose.
The platform leverages advanced artificial intelligence to combine company inputs (structure, goals, roles, processes) with employee inputs (personal values, purpose, skillsets, development goals) to create purpose-led, organizationally-aligned employee learning.
Driving company performance through employee alignment
As organisations face increasingly complex talent and performance challenges - 65% of people now work remotely - traditional methods of ensuring workplace alignment and performance are failing. The annual cost of this underperformance to US businesses alone is $500B, and Dosen’s AI-powered platform has been developed to directly address this problem:
- Personalised learning journeys: Employee inputs create tailored learning paths matched to individual employee roles, development areas and career ambitions
- Aligned with company goals: Organisational inputs including Strategy, Goals and Structures align employee development directly to company performance
- Driven by scientific best practice: Scientifically proven tools ensure maximum ROI for the company and development for employees
Customer Impact
Dosen has already successfully delivered ROI for a number of multi-national clients, by improving employee performance and business productivity.
“The impact has been transformative. I can see our workforce not just adopting but embodying our organisational practices that allow us to fulfill our purpose”
Businesses of 100+ employees that are experiencing transition (changing processes, hiring new staff, suffering from employee churn problems) can benefit significantly from the Dosen platform.
Accelerating Growth and Client Value
This $2.3 million funding will fuel Dosen's continued expansion, enabling the company to accelerate product development, scale the team and deepen market penetration.
Co-founder Ronan Wall said:
“We’re thrilled by the overwhelming support we’ve received, exceeding our initial round size by 50%. Dosen is designed specifically to help HR teams and senior leaders solve the biggest challenge they face right now, underperformance or loss of their top talent. This investment allows us to reach more people and companies and put an end to the trend of ‘Quiet Quitting’
Victor Burke, Co-founder, added:
“This pre-seed round validates our mission to redefine workplace learning. By automating the personalisation of training at scale, we’re excited to make a significant impact for organisations and the people within them.”
Cian McCarthy, Co-founder, added:
“The most exciting thing about Dosen is that the product is in its infancy and we see a huge opportunity to advance it further, driving even greater levels of employee purpose and company performance after this round.”
About the Dosen team
The team is an all Irish founding team, based in Los Angeles with considerable experience in founding and building businesses.
Ronan Wall - founding team Matchbook.com (acq 2014), Online COO Paddy Power - took the company from 100 to 5,000 people in 7 years, Senior Executive @Ticketmaster
Victor Burke - 2x Founder Wilde Irish Gin and ICP Digital Media
Cian McCarthy - 2x founder Pina Gold and Base Influence
If you are an entrepreneur looking for investment, please apply here
And to keep updated on all things Fuel please follow: