LEHI, Utah, Sept. 20, 2018 /PRNewswire-PRWeb/ -- Ampogee, the cloud-based performance management platform that tracks all human and machine-based manufacturing processes to increase efficiency and employee engagement, today announced a number of significant customer wins, including Sandvik, GNC, Thermo Fisher, Pine Hall Brick, AKG, miraDry, and Mayne Pharma. The company's rapidly growing customer roster has translated to greater than 3x monthly recurring revenue since the beginning of the year. As a result of increased demand, Ampogee looks to hire aggressively so that the company can continue to scale.
"The past year has demonstrated that Ampogee delivers the tailored solutions that manufacturers desperately need," said Jonathan Woahan, co-founder and CEO of Ampogee. "We have grown revenue by more than 300 percent, and three-year service agreements have become almost standard among our customers, who are seeking long-term engagements. This commitment underscores how flexible our platform is, providing companies with just the right tool set to help them overcome challenges, improve processes, and increase efficiency."
Ampogee has developed a unique performance management system that is customized to each client's specific environments, allowing them to fully optimize their workforce. Unlike other solutions, Ampogee tracks and reports on all manufacturing processes-- whether they are people or machine-based. Its platform assists clients by reducing costs through sustainable productivity increases that are driven by increased employee engagement and individual ownership. Based on results to-date, companies using Ampogee gain roughly the equivalent of 10 additional full-time employees per each 100 person team, which could translate into over $700k in savings.
Ampogee is a graduate of the Techstars Kansas City program, which also invested in the company. Social Capital, Amasia, and Active Capital participated in the company's seed round as well. Additionally, Ampogee is the recipient of a NCIDEA grant and was named the winner of the 2016 New Ventures Challenge for its novel approach.
"We invested in Ampogee because few technology solutions focus on employee engagement and productivity specifically for the manufacturing industry," said Lesa Mitchell, Managing Director of TechStars. "The time has come to embrace innovative solutions like Ampogee that make work matter and that accomplish so much for both employees and their organizations. I am confident that Ampogee will play a significant role in manufacturing moving forward."
To learn more about Ampogee and join its growing team, please visit http://www.ampogee.com.
About Ampogee
Ampogee grew from the idea that organizations thrive when their people believe their work matters. The company's mission is to build a platform that delivers this ability to manufacturers everywhere while increasing efficiency, improving processes, and optimizing the workforce. Founded in 2015, the company is based in Lehi, Utah
SOURCE Ampogee
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