culture amp Archives

Just days after Blackbird slashed its valuation by nearly a quarter, Culture Amp reveals it lost another $37 million last financial year

Simon Thomsen - December 1, 2025 2 MIN READ

Melbourne workplace software unicorn Culture Amp posted losses totalling A$91.5 million (US$60m) in the last two financial years, including a $37 million (US$24.4m) loss in FY 2025. That loss and the current financial position of the 16-year-old tech scaleup were revealed in filings to the corporate regulator, ASIC, on Friday. On the upside, that’s a… Read more »

AI/Machine Learning

Culture Amp cuts 60 jobs as AI focus grows

Simon Thomsen - November 20, 2025 2 MIN READ

Melbourne software unicorn Culture Amp has shed another 6% of its workforce, with the loss of around 60 jobs. The employee engagement platform cut 9% of its workforce – 90 roles – in 2023, so the latest losses suggest the business grew back to around 1000 employees over the last 2.5 years. Previously 36 roles… Read more »

Business

Culture Amp acquires people analytics platform Orgnostic

Simon Thomsen - March 22, 2024 2 MIN READ

Employee experience platform Culture Amp is acquiring a Serbian people analytics startup to broaden its capabilities The cost of the deal with Orgnostic, founded in Belgrade in 2019, was not disclosed. The analytics platform combines fragmented HR data to give leadership teams rapid insights into how their workforce is tracking. That data will be plugged… Read more »

People

Relationships guru Esther Perel joins Culture Amp as advisor

Simon Thomsen - February 22, 2024 2 MIN READ

Psychotherapist and sex and relationships expert Esther Perel, who coined the term “erotic intelligence”, has joined Australian employee experience platform Culture Amp as an advisor. Perel, who in recent years turned her attention to workplace relationships with a podcast called How’s Work, to help cofounders and others work navigate the challenges thrown up in the… Read more »

Business

HR unicorn Culture Amp is the latest tech company to shed jobs, cutting 90 roles

Simon Thomsen - April 19, 2023 2 MIN READ

Melbourne software company Culture Amp has followed in the footsteps of Atlassian, Mr Yum and several US tech giants in shedding staff, with around 90 people finishing up next week. With around 1000 working for the HR platform, the cut amounts to around 9% of the team. Founder and CEO Didier Elzinga wrote to his… Read more »

ASX

Culture Amp snaps up US workplace values startup Disco

Simon Thomsen - October 8, 2021 2 MIN READ

Employee experience platform Culture Amp has acquired San Francisco cultural values recognition startup Disco. The terms of the deal were not disclosed. Disco helps companies recognise and celebrate values-driven work, foster team appreciation and improve company culture across distributed teams. Founded in 2015, the venture is an app in Slack and Microsoft Teams. Culture Amp… Read more »

Global tech

Canva cracks top 3 in the Forbes Cloud 100

Simon Thomsen - August 13, 2021 2 MIN READ

Australian design giant Canva has been listed as the world’s third best private cloud company in the annual Forbes 2021 Cloud 100. Canva is climbed four places from 7th place in 2020, and is one of just three Australian companies to make the list, with fintech Airwallex at 58 and Culture Amp also featuring at… Read more »

Funding

Culture Amp’s valuation hits $2 billion with $135 million raise

Simon Thomsen - July 29, 2021 < 1 MIN READ

Employee engagement platform Culture Amp has raised US$100 million (A$135m) in a series F that doubles the tech startup’s valuation to $2 billion in just two years. The fresh round gives the business a US$1.5 billion (A$2.02bn) valuation, double its worth since 2019’s US$82 million (AU$121m) in series E. The raise was led by TDM… Read more »

Atlassian, Mike Cannon-Brookes, Scott Farquhar.

Global tech

Culture Amp and Atlassian are in the top 10 on Fast Company’s list of the world’s most innovative companies

Simon Thomsen - March 10, 2021 2 MIN READ

Australian workplace tech powerhouses Atlassian and Culture Amp have been included in the top 10 for Fast Company’s annual list of the world’s most innovative companies. Unsurprising, project management tool Asana, Zoom and Slack take out the top three spots following a year where remote work and communication came to the fore, with Atlassian recognised… Read more »

Topic

Canva, Airwallex and Culture Amp make the Forbes Cloud 100 list of the world’s top private companies

Simon Thomsen - September 17, 2020 2 MIN READ

Australian design giant Canva has cracked the top 10 for the first time in the annual Forbes Cloud 100 list, which rank the world’s top private cloud companies. Canva came in at no. 7, with Melbourne fintech Airwallex at 61 and employee experience platform Culture Amp at 80, as the three Australian cloud-based tech startups to make… Read more »

Topic

COVID CUT: Culture Amp sheds staff as the coronavirus downturn bites

Simon Thomsen - May 29, 2020 2 MIN READ

People and culture platform Culture Amp has been forced to shed 8% of its workforce as global impact of coronavirus hits the international arms of the business. CEO and co-founder Didier Elzinga announced the redundancies to the team on Thursday, with 36 positions going. While the company continues to grow, it has revised down growth… Read more »

Opinion

Mark Twain, money and the math show why business should focus on diversity over merit

Aubrey Blanche-Sarellano - February 21, 2020 4 MIN READ

By now, you’ve probably heard that Goldman Sachs is no longer taking companies public if they don’t have any underrepresented board members. You’ve probably also heard about the corresponding kerfuffle in the Sydney Startups group: investors recycled the standard sexist and racist (and everything else -ist) dog whistles about “merit” to criticise the change,… Read more »

Topic

Aubrey Blanche, who helped create Atlassian’s great workplace vibe, has signed on with Culture Amp

Simon Thomsen - February 13, 2020 2 MIN READ

Melbourne unicorn Culture Amp, the workplace HR and employee engagement startup has made a key hire to drive its own workplace vibe and apps, luring Atlassian’s long-term global head of diversity and belonging, Aubrey Blanche, to join the business. Blanche signs on as Culture Amp’s Global Head of Equitable Design & Impact after six years… Read more »

Advice

Culture Amp has made its diversity workplace tools free for everyone

Simon Thomsen - November 8, 2019 2 MIN READ

Workplace HR startup Culture Amp is making the diversity and inclusion segment of its platform available for free in a push to make both goals more achievable for more companies and employees. The Diversity & Inclusion Starter Kit helps companies to collect feedback from employees, better understand the voices inside the organisation and empower a… Read more »

Topic

Culture Amp just became a unicorn with a US$82 million raise

Simon Thomsen - September 4, 2019 2 MIN READ

Melbourne HR tech business Culture Amp raised US$82 million (AU$121m) in Series E to value the business at US$700 million – more than AU$1 billion. It’s the third Australian startup this year to reach the magic $1 billion valuation – “unicorn” status – after Judo Bank and Airwallex, in the second biggest tech… Read more »