meQuilibrium (meQ), the global leader in proactive workforce mental health and performance solutions, today announced a significant growth investment from Bow River Capital’s Software Growth Equity Team, alongside its strategic merger with Bow River’s portfolio company, RippleWorx, a cloud-based HCM leader in talent development and AI-driven workforce insights.
The transaction combines strategic growth capital with operational infrastructure and SaaS expertise to scale meQ globally. It also enhances the company’s AI-powered platform designed to address workforce mental health, resilience, and performance challenges.
meQuilibrium secures growth investment from Bow River Capital.
Strategic merger with RippleWorx expands AI-driven workforce solutions.
Focus on mental health, resilience, and employee performance.
Adds SaaS expertise to accelerate global scale and innovation.
Bow River emphasizes compliance-centric HCM and HR Tech use cases.
meQ serves enterprises in 130 countries, available in 17 languages.
Jan Bruce, Founder and CEO of meQ, stated:
"We are thrilled to work with Bow River’s software experts, who share our vision and bring deep HCM expertise. meQ is competitively distinguished in the employer mental health and resilience landscape for solving key HR challenges like attrition, unplanned leave, and productivity impairment, while delivering sustainable prevention for employees globally."
Maitlan Cramer, Managing Director at Bow River Capital, added:
"We’re investing in SaaS firms solving complex compliance-centric use cases in HCM. Unifying meQ and RippleWorx aligns with our HR Tech thesis, enabling organizations to reduce healthcare costs tied to workforce mental health risks and disengagement."
Steve Foster, CEO of RippleWorx, commented:
"With Bow River’s support, we’re excited to partner with meQ to address Global 2000 organizations’ top priority—winning the war on talent by enabling thriving, engaged global workforces."
meQuilibrium will leverage the merger to advance its AI-powered ecosystem, offering predictive workforce risk insights, EAP service options, and soon pulse surveys and expanded analytics capabilities. This expansion reflects growing demand for employee-centric HR technology that delivers real-time insights, resilience, and business performance.
Advisors: Piper Sandler served as financial advisor to meQuilibrium. Morgan Lewis LLP represented meQuilibrium, while Morrison & Foerster LLP represented Bow River Capital and RippleWorx.
meQuilibrium (meQ) is the world’s leading workforce resilience expert and the first to offer an AI-driven, predictive workforce risk solution. Its platform identifies, addresses, and measures risks to workforce performance, delivering personalized solutions at scale in 17 languages across 130 countries. Learn more at www.mequilibrium.com
Bow River Capital is a Denver-based private alternative asset management firm founded in 2003. It manages six private fund platforms: National Defense Technology, Private Credit, Private Equity, Real Estate, Software Growth Equity, and Asset-Based Financing.
RippleWorx is a talent development software company delivering AI-powered insights to align organizational goals, drive performance, and improve retention. Headquartered in Huntsville, Alabama, with additional offices in Atlanta, RippleWorx supports frontline and deskless workforces worldwide.
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