HomeBase raises $71M Series C to Grow its Products and Services

by Ben Murray in August 1st, 2021
homebase series c

Homebase, a SaaS platform that helps more than 100,000 small businesses manage hourly teams, announced its $71 million Series C funding round to expand its products and services. With $109 million in total funding to date, Homebase will launch new innovative tools for HR and payroll that broaden its offering for small business owners.

This funding round was led by new investor, GGV Capital, and includes existing investors Bain Capital Ventures, Baseline Ventures, Bedrock Capital, Cowboy Ventures, and Khosla Ventures, and additional investor PLUS Capital.

The investing firms are joined in the series C by a notable group of individual investors including Kat Cole, the former President and COO of Focus Brands, Jocelyn Mangan, Board Member at Papa Johns and Chownow and former COO of Snag, Mike Dinsdale, the former CFO of Gusto, Rachel Carlson, the founder of Guild Education, actor and author Matthew McConaughey, athletes Jrue and Lauren Holiday, and others.

Raised: $71.0M

Round: Series C

Funding Date: July 2021

Investor: GGV Capital

Additional Investors: Bain Capital Ventures, Baseline Ventures, Bedrock Capital, Cowboy Ventures, Khosla Ventures, and PLUS Capital

Company Website: https://joinhomebase.com/

Software Category: HR Software > Employee Scheduling Software

About the Company: Homebase makes work easier for 100,000+ small businesses with everything they need to manage an hourly team: employee scheduling, time clocks, payroll, team communication, hiring, onboarding, and compliance. Tools built for the busiest businesses, so owners and employees can spend less time on tedious tasks and more time on what matters.

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