HiBob, a global provider of an HR platform for organizations to operate in the modern world of work, raised an additional $150M in growth funding, just ten months after raising a $150M series C.
The round, which takes the company’s valuation to $2.45B and total funding to $424M since inception, was led by General Atlantic, with participation from Bessemer Venture Partners and other insiders.
The company intends to use the funds to expand operations and its business reach.
Led by Ronni Zehavi, CEO and Co-Founder, and Israel David, CTO and Co-Founder, HiBob offers agile technology that wraps all the complexities of HR processes into a tool that touches every employee across the business and enable users to accelerate hiring, retain the best talent, elevate employee engagement, upskill and produce seismic cultural shifts for their dynamic, distributed workforces. The platform is used by more than 2,500 multinational companies – including Cazoo, Gong, Hopin, Monzo, Happy Socks, Fiverr, and VaynerMedia.
To support its growth and expanding customer base, HiBob has doubled in size with over 370 new hires since Q4 2021. HiBob has also expanded its New York and London office locations, in addition to opening an office in Berlin, Germany to serve the DACH region.
With this Series D financing, the company plans to add additional regional offices in the next 24 months.
FinSMEs
17/08/2022