ChartHop, a NY-based organizational management platform for companies to scale, raised $5m in seed funding.
The round was led by Andreessen Horowitz with participation from Abstract Ventures, the a16z Cultural Leadership Fund, CoFound, Cowboy Ventures, Flybridge Capital, Shrug Capital, Work Life Ventures, as well as startup founders and C-level executives.
The company intends to use the funds to expand operations and its business reach.
Launched in 2018 by Ian White, CEO and CTO, ChartHop enables customers to streamline organizational management across People, Finance, Recruiting, and team managers by providing one platform for syncing people data and collaboratively building headcount plans. With the solution, customers can structure and analyze people data by multiple factors, including location, salary, stock grants, number of direct reports, gender, and more.
Dozens of companies already use the people platform to improve their organizational management strategies, including Assurance, Better Mortgage, InVision, MongoDB, Rémy Cointreau, Sequoia Consulting Group, and Teachable.