GoCo.io, a Houston, Texas-based provider of flexible software solutions for HR, benefits, and payroll, announced today that it raised $15 million in a funding round led by ATX Venture Partners in September. This brings the total of the recent investment to $27.5 million.
The raise allowed GoCo to further expand and advance its award-winning platform with its biggest-ever release in Q4, bringing even more power and flexibility to its HR platform.
It is packed with new features and enhancements, 50+ new integrations, an enhanced UI, visual reports, and insights.
The additional funding allows GoCo to continue innovating to deliver best-in-class client service while eliminating manual HR tasks with its industry-leading solution for SMBs.
“GoCo is the trusted HR software SMBs rely on, and we’re thrilled to reach an exciting funding milestone,” said Nir Leibovich, CEO of GoCo. “This new investment will enable us to provide additional leap-frog HR technology solutions that ensure every organization’s success by eliminating manual HR tasks. SMBs are facing significant challenges right now, and GoCo has grown rapidly because we are able to not only meet but exceed HR departments’ needs and expectations. GoCo looks forward to expanding upon providing an outstanding customer experience through this new phase of growth as we launch our newest value-added product this fall.”
In preparation for its growth and new product launch, the company doubled its full-time employee headcount over the past 24 months.
Company: GoCo.io, Inc.
Funding Month: November 2022
Lead Investors: ATX Venture Partners
Company Website: https://www.goco.io/
Software Category: All-in-One HR Software
About the Company: Founded in 2015, GoCo.io is modernizing HR, benefits, and payroll with its flexible, easy-to-use, and industry-leading solution for SMBs. GoCo seamlessly integrates with your favorite day-to-day apps and software solutions for a true all-in-one HR experience. From productivity tools to industry-leading payroll providers, GoCo plays nice with them all. Headquartered in Houston, Texas, and serving customers nationwide, its mission is to automate manual HR tasks and empower HR professionals to make work a better place. Unlike other HR platforms, GoCo is built to be flexible enough to support existing processes, policies, and providers so that SMBs don’t have to change how they work to adopt a modern HR system.