Hibob, a London-based company that targets the mid-market with an all-in-one platform that handles various human resources functions, closed a $150 million in Series C.
General Atlantic led the round, with past investors Bessemer Venture Partners, Battery Ventures, Eight Roads, and Entrée Capital among the others investing. The funding values the company at around $1.65 billion.
The funding will be used in part to tap more growth internationally to complement that existing base.
Company: Hibob, Inc.
Round: Series C
Funding Month: October 2021
Lead investors: General Atlantic
Additional Investors: Bessemer Venture Partners, Battery Ventures, Eight Roads, and Entrée Capital
Company Website: https://www.hibob.com/
Software Category: People management platform
About the Company: Hibob was founded in 2015 to modernize HR tech. Hibob's intuitive and data-driven platform, bob, was built for the way people work today: globally, remotely, and collaboratively. Since its launch, bob has achieved consecutive triple-digit year-over-year growth, and become the HRIS of choice for more than 1,000 modern, midsize and multinational companies who understand that a powerful, agile HR tech suite is a mission-critical driver of organizational success. Fast-growing companies across the globe rely upon bob to help HR and managers connect, engage, develop and retain top talent.