hiQ Labs, a San Francisco and New York-based provider of a people analytics platform, raised a funding round of undisclosed amount.
Tokyo-based Temp Holdings Co. Ltd., Japan’s largest human resources (HR) company, made the investment via its Temp Innovation Fund, a corporate venture capital fund.
The investment will enable hiQ Labs to expand sales and marketing, as well as drive further product innovation.
Founded in 2013, hiQ Labs provides SaaS-based solutions that apply predictive analytics to the enterprise workforce, enabling companies to leverage internal and external data to improve employee retention.
Led by Darren Kaplan, CEO and co-founder, the company applies data science and machine learning to internal and external data to allow HR teams to make people decisions.