Acendre, a Richmond, Victoria, Australia-based provider of cloud talent management software for regulated industry verticals, received a majority growth investment from Strattam Capital.
The amount of the deal was not disclosed.
The company will use the funds to accelerate its growth in both the United States and Australia and advance its talent management platform.
Led by Mike Giuffrida, co-founder and CEO, Acendre provides a Software as a Service (SaaS) talent management platform that addresses the specialized needs of organizations in regulated industries including the federal government, healthcare, higher education, and mining. The solution is FedRAMP certified and maintains specific capabilities for the federal government such as Title 5 hiring practice workflow.
Over 200 organizations around the globe, including almost 100 federal agencies, leverage its solution to recruit, engage, retain and develop their employees to improve workforce performance.