Beqom and Our Tandem will continue to operate under their own brand while both teams will work on the performance management platform.
Dublin-based employee performance management start-up Our Tandem has been acquired by Swiss HR tech firm Beqom to improve companies’ ability to compensate workers.
Our Tandem, formerly known as Tandem HR, was founded in 2016 by Aisling Teillard and Clare Bonham. The start-up has developed a performance management platform that aims to help managers and employees improve the working environment.
“Our Tandem has been a leader and supporter of the changing needs of individual organizations and the workforce, and we are ready to take the next step and join forces with Beqom,” said CEO Teillard. .
“I’m confident that the combined power of these two solutions will further transform the way organizations manage and reward employees throughout their journey and create happier, higher performing teams.”
Teillard told SiliconRepublic.com in 2017 how millennials are central to the workforce and why they should take the driver’s seat in the future of work. She also later spoke about Our Tandem’s initial challenges with the Competitive Start Fund, which he later secured.
Earlier that year, the company expanded its Dublin operations creating 40 new jobs after a €2m seed funding round led by Frontline Ventures, along with ACT Venture Capital, Enterprise Ireland and angel investors.
Beqom said the acquisition will help it provide a one-of-a-kind continuous performance and rewards platform that delivers personalized rewards – within company budgets – aligned with real-time data and feedback. , giving employees a sense of motivation and commitment.
“This acquisition represents an exciting step forward, not just because of the combination of products, but because of the combination of people. We found in the Our Tandem team a perfect fit with the Beqom culture,” said Beqom CEO Fabio Ronga.
Beqom, which itself developed a cloud-based compensation management platform, and Our Tandem will continue to operate under their respective brands while integrating and growing both teams and accelerating product innovation.
“[Our] The vision has always been to help clients effectively leverage their talent to drive their business. Thus, the combination of Our Tandem’s innovative Continuous Performance solution with our unique Total Rewards platform delivers a real breakthrough in employee management,” Ronga said.
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