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Bambee Raises $30M Series C To Accelerate Investments In Technology Automation, Guided Payroll & Hiring

Mar 16, 2022•over 3 years ago

Amount Raised

$30 Million

Round Type

series c

Los Angeles

Description

Bambee, the company that makes Human Resources affordable for small to medium-sized businesses, today announced a $30 million dollar Series C round, bringing its total funding to $65 million. The investments will be deployed across four areas: Bambee Guided Payroll and HR Autopilot products, adding new customer benefits, expanding customer and HR manager teams to deliver world class service, and growing engineering teams. The company grew topline by 100% in 2021 and is on track to double again in 2022. The company has nearly 10,000 active subscribers

Company Information

Company

Bambee

Location

Los Angeles, California, United States

About

Allan Jones founded Bambee in 2016. Bambee has been at the forefront of solving HR problems for small businesses since its inception. Bambee puts their customers HR on autopilot, starting with a dedicated HR manager and smart automation. Bambee helps each company navigate the complex regulatory world of compliance, HR policy, employee relations, and HR strategy -- including internal investigations, hires, furloughs, and return to work procedures. The combination of a real HR manager coupled with an intelligent software platform gets Bambee customers to HR compliance, and helps keep them compliant. In October 2021, Goldman Sachs celebrated Jones as one of the 100 most intriguing entrepreneurs, at their Builders + Innovators Summit. For three years running, Forbes has named Bambee a top startup employer in the U.S., and in 2022 listed Bambee as top 5 in Los Angeles. Learn more at www.Bambee.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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