Palm is a platform that centralizes employee performance data, real-time feedback, and AI-driven career recommendations. It aims to improve employee retention and empower managers by providing clarity and tools for employee growth within the organization.
Funding
$6.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TGFounders
Product
Problem
Many organizations struggle to effectively track employee growth and development, relying on infrequent performance reviews that focus on past achievements rather than future potential. This lack of real-time insights and actionable feedback can lead to disengagement, reduced productivity, and ultimately, higher employee turnover. Existing HRIS and performance management systems often lack the tools to identify growth opportunities and support internal mobility.
Solution
Palm is a Growth Intelligence platform designed to help HR leaders and managers engage, develop, and retain top talent by making growth visible, actionable, and ongoing. The platform enables employees to seamlessly capture achievements and gather feedback, which is then automatically summarized into manager-ready growth reports and HR dashboards. By connecting performance to development, Palm provides insights that traditional HR systems can't surface, supporting internal mobility and helping companies build stronger, more engaged teams. The platform facilitates meaningful conversations between managers and employees, driving action that builds loyalty and fosters a culture of continuous growth.
Target Audience
Palm is designed for HR leaders, people managers, and senior executives who want to improve employee retention, boost morale, and increase productivity through a focus on growth and development.
Features
- Automated growth reports that summarize employee achievements and feedback.
- Manager dashboards that highlight team engagement levels and identify employees ready for growth.
- Tools to support internal mobility by identifying promotion and transfer opportunities.
- Nudges that prompt employees to log wins and gather feedback without disrupting workflow.
- Integration with existing HRIS and performance management systems like Workday, Bamboo, Lattice, and CultureAmp.
- Real-time feedback collection to capture insights in the natural flow of work.
- Identification of disengagement patterns to address low morale before it impacts retention.