Enboarder, an Austin, Texas-based People Activation Platform for companies, raised $32 million in Series B funding, bringing its total investment to $50 million.

The round was led by NewSpring, with participation from previous investors, Greycroft and Next Coast Ventures, and new investors Golub Capital, Escalate Capital Partner, Alumni Ventures, and Gaingels. 

With NewSpring’s investment, Hart Callahan, NewSpring Partner will join Enboarder’s board as a director.

The company will use the new funds to double its headcount over the next year, invest in additional infrastructure and systems to further accelerate its global growth and expansion.

Company: Enboard.me Pty Ltd.

Raised: $32.0M

Round: Series B 

Funding Month: February 2022

Lead Investors: NewSpring

Additional Investors: Greycroft, Next Coast Ventures, Golub Capital, Escalate Capital Partner, Alumni Ventures and Gaingels

Company Website: https://enboarder.com/

Software Category: People Activation Platform

About the Company: Led by Brent Pearson, Founder, Enboarder provides a People Activation Platform for companies to inspire action and engage employees whether it’s onboarding, learning, and development, change management, diversity, and inclusion, or employee transitions. Now, more than 400 companies –– including Deloitte, Dolby, Eventbrite, Hugo Boss, ING, McDonald's, Shopify, and Wyndham Destinations –– use Enboarder’s People Activation platform to manage their HR programs.

Source: https://www.finsmes.com/2022/02/enboarder-raises-32m-in-series-b-funding.html