Level Structured Capital, an affiliated fund of Level Equity, a New York private investment firm focused on providing capital to software companies, has led a Series B round of funding in WeSpire, an employee experience service provider for environment, social and governance initiatives.
“We have grown tremendously in the past eighteen months and are thrilled to be working with Level Structured Capital to support our growth. The team at Level understands our vision and the exciting ESG market opportunity,” said Susan Hunt Stevens, founder and CEO of WeSpire. “This is a crucial inflection point as we build awareness of the incredible ESG and culture outcomes our platform drives for corporations. We are excited to add to our talented team and continue to expand our product offerings to meet the demand for a platform that brings together all aspects of ESG engagement.”
WeSpire has recently expanded its executive team with the hiring of Sam Gillen as chief revenue officer. Gillen brings over twenty years of experience in the human resources technology market at companies like SilkRoad Technology, Tango Health, Truven Analytics, and TalentGuard and had served as a sales advisor to WeSpire for several years before joining.
“We’re excited to partner with Susan and her entire management team as the company enters its next phase of high growth” said Barry Osherow, partner at Level Structured Capital. “WeSpire has an incredible customer base and we think this infusion of capital will provide the necessary resources to supercharge their sales and marketing efforts while continuing to build best of breed software”