Tilt, a Fort Collins, Colorado-based HR tech company that provides a leave of absence platform, announced that it completed a $10 million funding round.
The round was led by Origin Ventures, with participation from additional investors, including current investors from the Series A round in 2021 such as Firework Ventures, who led the previous round.
The funds will be used to support its continued growth to meet the immense demand from the market, invest further in its technology and partnerships, and scale the team to provide a positive and empathetic experience for everyone who needs a leave.
With this funding round, Tilt will expand the capabilities of its web-based platform and human support system even further so HR teams can easily deliver a consistently supportive and empathetic leave experience for the employees they serve.
Tilt's Founder and CEO, Jennifer Henderson, understands all too well the real cost of getting leave management wrong, and the lasting ripple effects it causes that some organizations can't recover from. Jen founded Tilt out of her own frustrations around two separate parental leave experiences at Fortune 500 companies. She was determined to build a solution that would ensure her children wouldn't have to experience the same stigmas and frustrations she endured.
Tilt offers HR departments a solution for their most headache-inducing task while helping retain employees through personalized support and empathetic technology.
Company: Career Allies, Inc.
Raised: $10.0M
Round: Unknown
Funding Month: March 2023
Lead Investors: Origin Ventures
Additional Investors: Firework Ventures
Company Website: https://hellotilt.com/
Software Category: Leave Management System
About the Company: Founded in 2017, Tilt is a tech company that offers organizations a stress-free and cost-saving leave of absence management platform that streamlines the entire process. Tilt also makes it easy for organizations to capitalize on funds from state and local government benefit programs while keeping data secure and reducing compliance risk. The company's mission is to change the world of work leave for everyone.
Source: https://www.prnewswire.com/news-releases/tilt-accelerates-growth-of-its-leave-management-platform-through-10m-funding-round-301764890.html