Structural was started during the first half of last year by repeat entrepreneur Scott Burns and Minnesota tech veteran Chip House to “pioneer employee success management by giving organizations real time, mobile access to their employee data.”
Following their launch, Structural reported a string of initial B2B customer acqusitions and Salesforce VP joined the BOD.
While the filing only shows $50k as claimed, unofficial sources are saying the company has already received upwards of $2m. That is yet to be confirmed by the company itself, though House acknowledges having “received some funds…”
“I think a business of this nature is $5m-$15m for the first wave of growth, depending on what we want to do with acquisitions and international reach, more is an option,” Burns had said in an earlier interview about Structural’s capital strategy.
The company is based inside Osborn370 and counts 14 employees, up from 10 this time last year.