Venturewave Capital Invests in Peptalk
Dublin, Ireland – November 21, 2024 – Venturewave Capital invests in Peptalk, the Dublin-based provider of the world’s first Team Experience (TX)™ platform, as part of a €3M funding round to accelerate expansion into the United States. Founded by Bernard and James Brogan. Peptalk will use the funding to establish its presence in New York, with CEO James Brogan relocating to lead the company’s US operations.
This latest round of funding was led by Venturewave Capital, an Irish-based impact investment firm led by Alan Foy, Brian Martin, and Kieran McLoughlin. Venturewave Capital invests in Peptalk as part of its mission to support high-growth companies delivering scalable ‘technology for good’ solutions. Enterprise Ireland and UK-based VC firm Haatch also support Peptalk.
Peptalk currently employs 23 full-time staff across Dublin, London, and New York. With this expansion, the company expects to double its growth over the next 12 months and hire 12 additional team members across sales, marketing, and technology functions. Venturewave Capital’s investment in Peptalk is helping to drive this strategic hiring and scale-up effort.
Since its founding in 2017, Peptalk has successfully engaged over 50,000 employees across four continents. The company has established multi-year partnerships with several global clients, including Verizon, PayPal, and Elavon, which have helped to strengthen its market presence. As a result, Peptalk continues to grow and expand its global reach. In recognition of its rapid expansion, Peptalk was recently included in Deloitte’s Fast Tech 50 list as one of Ireland’s fastest-growing tech companies.
Peptalk’s proprietary TX™ platform, developed using behavioural psychology and academic research, helps organisations, managers, and employees build lasting habits that improve team connection, engagement, and performance. The company sits at the intersection of behavioural science and workplace culture.
Comments on the Announcement
Commenting on the investment, CEO James Brogan said: “We are delighted to be partnering with Venturewave for our global expansion into the USA. As a mission-driven business, it is rare to find an investor who aligns so closely with our values. This partnership has the potential to transform our business. We are excited to work with Alan, Brian, Kieran, and the entire Venturewave network.
This strategic move, where Venturewave Capital invests in Peptalk. Reflects growing investor demand for purpose-led performance platforms that combine science, tech, and mission-driven leadership.
Stakeholder Quotes
Welcoming the announcement, Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, stated. “It’s great to see an Irish start-up doing so well and experiencing strong growth. With plans well underway to grow its workforce over the next 12 months. The opening of the new base in the US provides a great opportunity to embed their unique product offering amongst blue-chip companies globally.”
Venturewave Capital Managing Partner Brian Martin, who will join Peptalk’s board, said. “We believe the space Peptalk is in is inspiring. We are delighted to be working with James and Bernard as they grow the business globally. There is now an increasing realisation of the correlation between employee wellbeing, diversity, and engagement with organisational performance. Peptalk has built a scalable platform that enables enterprise leaders to act on this. As part of our investment, the founders have outlined clear impact goals they will report on going forward.”
Donnchadh Cullinan, Head of ICT HPSU at Enterprise Ireland, added: “Enterprise Ireland has worked closely with Peptalk since its establishment. It’s exciting to see this highly innovative company go from strength to strength. The expansion of its US base and the creation of new jobs are a testament to the ambition and potential of the team.”
Why Venturewave Capital Invests in Peptalk
Venturewave Capital’s decision to invest in Peptalk underscores the fund’s strategy to support companies that combine purpose and performance. Venturewave Capital’s investment in Peptalk will transform how organisations approach culture and employee engagement. global scale.
About Venturewave Capital
Venturewave Capital is a leading impact investment firm based in Ireland. The fund partners with high-growth companies that create technology solutions for real societal impact.
About Peptalk
>Peptalk is the world’s first Team Experience (TX)™ platform, helping companies build connection, engagement, and performance through behaviour-led programmes grounded in psychology and research.
