HiBob Raises $150 Million at $2.45 Billion Valuation

HiBob is a start-up in the field of human resources. It is an all-in-one platform for small and medium-sized enterprises that includes various functions related to HR management. HiBob allows enterprises to manage their workforce including time-off approvals, timesheets management, new hires, onboarding process automatization, survey conductions, and many more.

The Series D funding round was led by General Atlantic. One of the other investors was Bessemer Venture Partners. The round was held just 10 months after the Series C round. New investments will be used to open additional offices in the next 2 years. Since the fourth quarter of 2021, the company increases its team up to 650 employees.

HiBob, London, the UK, was founded in 2015 by Ronni Zehavi. Initially, HiBob was rooted in Israeli. Now, the company has more than 2500 customers from 166 countries. Among them are Cazoo, Gong, Hopin, Monzo, Happy Socks, etc. “Modern businesses that value their talent know that HRIS is not simply about headcount growth, but rather about effective and proactive people management during periods of expansion and contraction. We expect many companies to resume hiring in the quarters ahead, and smart organizations will want to have the right infrastructure in place before then,” Ronni Zehavi. HiBob has already expanded its London and New York offices, in addition to the office in Berlin.

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