Mid-Market Hr Tech Leader Hibob Adds $150M In New Round Of Funding To Support Continued Expansion

Sep 19, 2023•about 2 years ago

Amount Raised

$150 Million

New YorkSoftware

Investors

Taylor IngrahamSteve BruceAlpha Wave GlobalFarallon Capital

Description

HiBob, the company behind 'Bob', the HR platform transforming how organizations operate in the modern world of work, today announced it has secured $150M in new funding in a round that was led by Farallon Capital and included Alpha Wave Global and existing investors.

Company Information

Company

HiBob

Location

New York, New York, United States

About

HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform Bob. It offers resilient, agile technology that wraps all the complexities of HR processes into a game changing, user-friendly tool that touches every employee across the business. Used by more than 4400 multinational companies to accelerate hiring, retain the best talent and elevate employee engagement.

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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