Hibob, a Tel Aviv, Israel-based provider an HR tech platform, raised $20m in Series A funding.
Backers included Bessemer Venture Partners, Battery Ventures, Eight Roads, Arbor Ventures, and Presidio Ventures.
The company, which has raised $45m in total funding in three years, intends to use the funds to continue to scale operations and accelerate its penetration in the U.S. and across Europe.
Founded in late 2015 by Ronni Zehavi, CEO, Hibob provides an HR tech platform to attract, retain and grow today’s demanding workforce. The platform, which streamlines administrative tasks and improves employees’ experiences with tools that give insights to retain and grow the workforce, offers strategic platform integrations with Slack, Workable, GreenHouse, Aviva, Canada Life, UNAM.
The company currently serves hundreds of customers, including Monzo, Etoro, Happy Socks, Ironsource, Receipt Bank, Fiverr and Karmarama,
The team is made up of 130 people in New York, London, and Tel Aviv.