County: Marion
Jobs Retained: 5
CHARLESTON, WV – The West Virginia Capital Access Program (WVCAP) approved a co-investment with the West Virginia Jobs Investment Trust (WVJIT) of $750,000 in Performance Ally.
Performance Ally is a SaaS company headquartered in Fairmont, West Virginia that encourages adherence to best practices in an organization, leading to improvement in business results. They accomplish this through user-friendly tools that simplify organizational habit formation, such as their performance platform Ally Assist™ that helps leaders, associates, and customers clarify expectations and give immediate feedback.
One essential industry where Performance Ally’s technology is especially transformative is healthcare. “Performance Ally is changing the way healthcare teams manage their patient experiences,” says Kelli Poling, WVJIT Investment Manager. “Using their Ally Assist™ technology to assess behavior, they are able to provide teams with valuable insights that increase the quality and safety of care.”
Performance Ally is breaking the mold for organizational improvement, using modern solutions for long-standing operational problems. WVCAP and WVJIT funding are helping to ensure this sort of innovation and market leadership stays in West Virginia.
WVCAP provides West Virginia small businesses with debt or equity capital to expand and create jobs. WVCAP is designed to assist credit-worthy companies that may not fit traditional lending models. WVCAP is administered by WVJIT.
For more information or to apply for funds, contact the West Virginia Jobs Investment Trust at wvjit.wv.gov/wvcap.
About the West Virginia Jobs Investment Trust
West Virginia Jobs Investment Trust (WVJIT) is a public venture capital fund created to develop, promote and expand West Virginia’s economy by making investment funds available to eligible businesses, thus stimulating economic growth and providing or retaining jobs within the State. WVJIT invests in early-stage, later-stage and mature small companies that wish to expand. Opportunities to create a significant number of jobs while maintaining economic balance are favorably viewed.