Assembled a San Francisco, CA-based leader in workforce management for modern support teams, announced that it closed $51 million in Series B funding, which reflects a more than 5x valuation increase in just one year.
The round was led by global venture capital firm New Enterprise Associates (NEA), with participation from existing investors Emergence Capital and Basis Set Ventures.
The new infusion of capital will be used to accelerate product development and hiring while the company continues to scale its platform for enterprise customers.
Raised: $ 51.0M
Round: Series B
Funding Month: May 2022
Lead Investors: New Enterprise Associates
Additional Investors: Emergence Capital and Basis Set Venture
Company Name: https://www.assembled.com/
Software Category: Workforce Management Platform
About the Company: Assembled is the operational backbone of the modern support team. The company's workforce management platform facilitates the planning and logistics needed to reliably deliver efficient and empathetic support. Assembled is trusted by the fastest-growing companies in the world, including Stripe, Zoom, Etsy, and Intuit, to use staffing intelligence to craft world-class customer experiences. Assembled's workforce management platform helps support teams at the world's fastest-growing companies efficiently respond to customer demand through accurate forecasting, automated scheduling, and robust real-time and historical reporting.