Why We Invested in LLUNA: A Personalized Employment Platform
We’re incredibly excited to announce our investment in LLUNA, a B2B platform that enables companies to design, manage, and analyze personalized employment arrangements.
We were initially introduced to Jess Podgajny, Founder & CEO of LLUNA, by Sarah Coveney, our trusted payroll provider. Sarah could immediately spot the synergy between LLUNA and Juno, and before long, a networking call had turned into an investment meeting.
Why did we invest?
The instant we left our first meeting with Jess, we were hooked. After all, if there was ever a time that’s shown why employees need flexible work arrangements, paid time off, or special accommodations, it’s now.
Here’s what Jess had to say about that first meeting:
“From the moment we first connected, the Juno team’s enthusiasm was contagious. Their energy and interest in supporting our vision have served as a turbo boost. I feel incredibly grateful to have Juno Capital as part of our investor team.”
In the days and weeks following, we dove deeper into the value proposition that personalized employment, and in turn LLUNA, can offer to employees and employers alike.
As recruiters, we’ve seen firsthand the effects and complications the pandemic has had on the workforce. Let’s use the office as an example — some candidates are comfortable, and in certain cases, prefer to be in the office five days a week, while others may never want to step foot inside an office again. In other cases, some candidates want a professional development budget while others prefer extra PTO.
The examples are endless, but the bottom line is: employees want more flexibility. You will be hard-pressed to find a workforce survey (or an employee) that disagrees with that statement. A couple of quick findings show that:
- 46% of employees said they would be less stressed if they had more flexibility.*
- 1 in 4 women are currently leaving the workforce, in great part due to a lack of support and flexibility. **
In a world where you can customize just about anything — try taking a group coffee order, for instance — we are firm believers it’s time to start personalizing employment!
What’s next for LLUNA?
Fresh from closing their over-subscribed pre-seed round, LLUNA is hyperfocused on further developing its product with a slew of exciting developments expected by the end of this year.
“The Juno team’s purpose, passion, and perspective are invaluable to LLUNA as we pursue our mission to personalize the future of work. Juno’s expertise in the HR field is an ideal complement for LLUNA’s focus on HR Technology and we look forward to the many ways we can partner to create a world where work is designed for life.”
We could not be more excited to welcome LLUNA to the Juno Capital portfolio. Here’s to building the future of work!
