Bambee Raises $30M in Series C Funding


Bambee, a Los Angeles, CA-based Human Resources company serving small to medium-sized businesses, raised $30M in Series C funding.

The round was led by SoftBank, QED and AlphaEdison, with participation from Mucker Capital, Ken Chenault, Damian Maldonado, and Gaingel.

The company intends to deploy the funds to continue to develop the Bambee Guided Payroll and HR Autopilot products, hire an additional 150 employees this year and expand its operations in Nashville, Tennessee.

Led by CEO Allan Jones, Bambeehas provides small businesses with a real HR manager and smart automation platform to navigate the complex regulatory world of compliance, HR policy, employee relations, and HR strategy, including internal investigations, hires, furloughs, and return to work procedures. coupled with an intelligent software platform gets Bambee customers to HR compliance, and helps keep them compliant.

The company has nearly 10,000 active subscribers.

CEO Allan Jones was previously the CMO of ZipRecruiter (NYSE: ZIP).