A start-up with its sights set on revolutionising the global
workplace wellbeing and coaching industry is a step closer to realising its
ambitions thanks to a £140k investment from the Bristol Private Equity Club
Flourishzone will use the funds to add the finishing touches
to its proprietary technology designed to help companies boost employee
productivity through AI and machine learning algorithms.
According to Flourishzone’s Chief Growth Officer, Mike
Sotirakos, reduced productivity caused by factors including poor wellbeing,
mental health issues and lack of proper coaching costs businesses around
“Our philosophy is that from the director level down all
companies and large organisations need someone they can trust to coach them and
drive them towards continuous improvement,” he said.
“What we have developed at Flourishzone is a digital
platform which creates an ecosystem of such experts to help organisations
flourish and grow.”
Once the artificial intelligence-driven platform is made
publicly available professional lifestyle and business coaches from anywhere in
the world will be able to add their own content, including questionnaires and
videos, which the end users – businesses and their employees – can use to help
their working lives.
“The world is facing a workplace wellbeing epidemic,”
continued Mike. “Flourishzone is all about workers’ own wellbeing, helping them
set goals and ensuring those are aligned with the aims and aspirations of the
He added: “There is an enormous global market out there of
companies seeking ways to boost productivity, coupled with highly skilled
coaches who can provide solutions to that issue.
“Flourishzone can connect these groups to create a virtuous
circle where happy, engaged and motivated workforces are plugging the
Nine members of Bristol Private Equity Club (BPEC) decided
to invest a total of £140k into Flourishzone.
Jerry Barnes, founder of BPEC, said: “More and more
West-based businesses like Flourishzone are developing world-class technology
which has the huge potential to transform the way we live and work.
“Within BPEC we now have 80 successful entrepreneurs and
business people with capital to invest.
“Our members are all committed to supporting fast growing
and successful businesses and to share the expertise and lessons they have
learned over the years with those at the leading edge of development.”
Bristol Private Equity Club has now invested a total of £6 million in three years in 19 Bristol area businesses.
Issued on behalf of Bristol Private Equity Club by Empica