Hibob Raises $150 Million at $1.65 Billion Valuation for Recruitment Industry

Hibob is a start-up in the field of human resources. All-in-one platform for small and medium-sized enterprises that includes various functions related to HR management. Hibob allows enterprises to monitor attendance, vacation, payroll, benefits, etc.

The round Series C was led by General Atlantic. Other investors Bessemer Venture Partners, Battery Ventures, Eight Roads, and Entrée Capital. Since the last round, December 2020, the Hibob’s valuation increased in more than three times.

Hibob, the London-based company, was founded in 2015 by Ronni Zehavi. Initially, Hibob was rooted in Israeli. Now, the company has more than 1500 customers from 134 countries. However, the main part of the customers such as Ebury Partners Ltd., G.Network is from Europe. The recent fundings will be used for fostering international expansion. “Hibob has created a solution that serves and anticipates the needs of modern, evolving businesses”, said Anton Levy, General Atlantic.

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