Zach Kirkhorn, Tesla’s former chief financial officer, has led a $16.5m funding round in Jolly, a start-up that aims to help companies improve employee productivity through rewards. On the platform, employees can earn points by, for example, picking up extra shifts, upselling a high-margin product, adhering to safety protocols or completing a certain task on time, and then exchange them for gift cards or their employer’s apparel. All of its corporate customers are currently healthcare services providers, but Jolly is in the process of adding clients in other industries, including manufacturing, logistics, construction, and fast-food.
Former Tesla CFO leads funding round in employee rewards start-up
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