Sonder Australia Pty Ltd
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Sonder Australia Pty Ltd - overview
Established
2016
Location
-, NSW, Australia
Primary Industry
Software
About
Sonder Australia, located in Waterloo, Australia, specializes in employee wellbeing solutions, offering a platform that provides 24/7 access to health professionals and tailored support services for organizations across various sectors. Founded in 2016, Sonder Australia Pty Ltd delivers a comprehensive employee wellbeing platform. The company was established by Christopher Marr, Craig Cowdrey, Peter Burnheim, and Radoslaw Bulat, with Craig Cowdrey serving as the CEO. The company has successfully completed 10 funding deals, raising a total of AUD 40.
00 mn, with its latest funding round attracting investments from Blackbird, Hostplus, MA Asset Management, and SEEK Investments. Sonder's core offerings revolve around a comprehensive employee wellbeing platform designed to support individuals in both everyday situations and crises. The platform features a variety of services, including 24/7 access to trained professionals such as nurses, doctors, and psychologists, with an average response time of 10 seconds. Key functionalities include in-app health alerts, personalized wellbeing programs, safety tools like journey tracking and smart check-ins, and self-help resources for holistic health.
Sonder primarily serves industries such as retail, healthcare, education, and public sector services, providing tailored solutions that address unique safety and mental health needs. The platform is utilized across geographical markets including Australia, New Zealand, and the United Kingdom, focusing on enhancing the wellbeing and safety of employees working in high-pressure environments. Sonder generates revenue through a subscription-based model that provides clients with access to their extensive suite of services. Clients typically include businesses and organizations across various sectors that seek to integrate employee wellbeing support into their operational frameworks.
Transactions are structured as B2B partnerships, where organizations pay for the platform's offerings on a recurring basis, allowing employees to access the services as needed. Pricing plans are tailored to client requirements, ensuring that organizations can choose the specific level of support that aligns with their workforce size and wellbeing goals. These plans encompass various offerings, including mental health support, medical assistance, and critical incident response services, all designed to foster a healthier and safer work environment for employees. Sonder Australia Pty Ltd is focused on expanding its product offerings and geographic reach.
The company plans to launch new features designed to enhance user experience and address evolving employee needs. Additionally, Sonder aims to enter new markets, targeting regions such as North America and Asia by the end of 2024. The recent funding of AUD 40. 00 mn will be utilized to support these initiatives, including product development and market expansion efforts.
Current Investors
Tidal Ventures, Perennial Partners, Blackbird
Primary Industry
Software
Sub Industries
Web Applications, Systems Management Software
Website
www.sonder.io
Verticals
Cloud Computing, HealthTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.