PSG, a growth equity firm that partners with software and technology-enabled services companies, has led an investment in Prodoscore, an employee visibility and productivity intelligence software company.
Founded in 2018, Prodoscore is a data visualization platform that offers a service for business leaders and managers to track productivity across their organizations and better understand employee behaviors that impact overall business performance. The software integrates with cloud-based business applications used by employees and takes the collected data and generates a “prodoscore,” along with productivity-related metrics and reports.
“The investment from PSG validates our long-term strategy, and we are eager to continue our partnership as we scale our business, further enhance our product offering and execute on our growth plan,” states Sam Naficy, CEO at Prodoscore.
Jeffer Mangels Butler & Mitchell LLP served as legal counsel to Prodoscore, and Latham & Watkins LLP served as legal counsel to PSG.