AirTree Ventures backs New Zealand HR startup Joyous


AirTree Ventures has announced its investment in New Zealand human resources startup Joyous, whose platform looks to make it easier for employees to manage regular HR processes and interactions.

Founded by brothers Mike and Philip Carden, the Auckland-based startup raised $1.5 million in seed funding from investors including AirTree, TradeMe founder Sam Morgan, and Tuhua Ventures.

Joyous is the second HR venture for Mike, who previously founded online performance management and succession planning startup Sonar6, a business he sold to US company Cornerstone Ondemand for $US13 million in 2012.

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