Beqom and Our Tandem will continue to operate under their own brands while the two teams work on the performance management platform.
Dublin-based employee performance management startup Our Tandem has been acquired by Swiss HR technology company Beqom to improve companies’ ability to compensate employees.
Formerly known as Tandem HR, Our Tandem was founded in 2016 by Aisling Teillard and Clare Bonham. The start-up has developed a performance management platform that aims to help both managers and employees to improve the working environment.
“Our Tandem is a leader and champion of the evolving needs of individual organizations and the workforce, and we are ready to take our next step and join forces with Beqom,” said CEO Teillard.
“I have no doubt that the combined power of these two solutions will further transform the way organizations manage and reward their employees and build happier, better-performing teams.”
Teillard told SiliconRepublic.com in 2017 how millennials were at the center of the workforce and why they should be taking the wheel of the future of work. She also later spoke about Our Tandem’s initial challenges with the Competitive Start Fund, which it later secured.
Earlier that year, the company expanded its Dublin operations and created 40 new jobs following a €2 million seed funding round led by Frontline Ventures, along with ACT Venture Capital, Enterprise Ireland and angel investors.
Beqom said the acquisition will help the company provide a unique continuous performance and rewards platform that delivers personalized rewards – within companies’ budgets – aligned with real-time data and feedback, giving employees a sense of purpose and engagement.
“This acquisition is an exciting step forward, not only because of the combination of the products, but also because of the combination of the people. We found in the Our Tandem team a perfect match with the Beqom culture,” said Fabio Ronga, CEO of Beqom.
Beqom, which has developed its own cloud-based compensation management platform, and Our Tandem will continue to operate under their respective brands, integrating and growing both teams and accelerating product innovation.
“[Our] Our vision has always been to help clients effectively leverage their talent to drive their business, so combining Our Tandem’s innovative continuous performance solution with our unique total rewards platform provides a real breakthrough in workforce management,” said Ronga.
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