TechHR
ex
L&D
UNPLUGGED
Sphere
About Us • Contact Us
People Matters Logo
Login / Signup
People Matters Logo
Login / Signup
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

 

 

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
  • About Us
  • Advertise with us
  • Become a sponsor
  • Contact Us
  • Feedback
  • Submission Guidelines

Follow us:

Privacy Policy • Terms of Use

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

People Matters Logo
  • Current
  • Top Stories
  • News
  • Magazine
  • Research
  • Events
  • Videos
  • Webinars
  • Podcast
Login / Signup

Categories:

  • HotTopic
    LeadersSpeak
  • Strategy
    Leadership Csuite StrategicHR EmployeeRelations
  • Recruitment
    Employer Branding Appointments Permanent Hiring Recruitment
  • Performance
    Skilling PerformanceMgmt Compensation Benefits L&D Employee Engagement
  • Culture
    Culture Life@Work Diversity Watercooler SheMatters
  • Tech
    Technology HR Technology Funding & Investment Startups Metaverse
Employment Hero raises US$35m Series D funding

News • 3rd Mar 2021 • 1 Min Read

Employment Hero raises US$35m Series D funding

HR TechnologyFunding & Investment

Author: Mint Kang Mint Kang
1.8K Reads
After growing dramatically in 2020, the Australia-based startup is now valued at US$193 million and plans to expand further into Southeast Asia.

Sydney-based Employment Hero, a HR-tech startup providing cloud-based HR, payroll, engagement and employee benefits tools targeted at small and medium-sized businesses, announced yesterday that it has raised A$45 million (US$35 million) in a Series D funding round led by employment and education group SEEK, a long-time investor of the company. This is the largest funding round in Australia this year so far.

Other notable investors participating in the round are leading Australian venture capital firm OneVentures and technology-focused fund AirTree Ventures, both of which have previously invested in Employment Hero. Salesforce Ventures, the strategic venture arm of Salesforce, also joined the round.

This latest funding brings Employment Hero's total valuation to A$250 million (US$193 million). The startup has said that it will use the fresh capital to support growth in its existing overseas markets—New Zealand, the UK, Malaysia, and Singapore—and expand into other Southeast Asian countries.

Employment Hero was founded in 2014 by CEO Ben Thompson (above left) and CTO Dave Tong (above right). It grew significantly in 2020 and currently serves about 6,000 SMEs, up from 4,000 in 2019. The startup also increased its full-time head count to 200 last year, up from around 130, and now has offices both across Australia and in several of its overseas markets including New Zealand, Singapore, the Philippines, and the UK.

Read More

Did you find this article helpful?


You Might Also Like

Mercer acquires HR tech advisory firm Leapgen

NEWS • 2nd Mar 2023 • 2 Min Read

Mercer acquires HR tech advisory firm Leapgen

HR Technology#MergersAndAcquisitions#Digital Transformation#HRTech
BetterManager raises $16 Mn in series A funding

NEWS • 19th Dec 2022 • 1 Min Read

BetterManager raises $16 Mn in series A funding

Learning & DevelopmentHR TechnologyFunding & Investment
PINATA raises $10M Series A funding

NEWS • 28th Nov 2022 • 2 Min Read

PINATA raises $10M Series A funding

Employee EngagementWorkforce Management SystemHR Technology#HRTech
NEXT STORY: Some remote workers are creating tax risks for their employers: Survey

Trending Stories

  • design-thinking-hr

    How to spot sexism at work – and fight it

  • design-thinking-hr

    Stronger together: List of companies that have refused to la...

  • design-thinking-hr

    Top future skills in HR

  • design-thinking-hr

    2023 Layoffs: A timeline of job-cuts in top companies

Upcoming Event: View All

Event Title 29 Mar Webinar

2023 Employee Experience Trends

Free 11:00 AM AEST

People Matters Logo

Follow us:

Join our mailing list:

By clicking “Subscribe” button above, you are accepting our Terms & Conditions and Privacy Policy.

Company:

  • About Us
  • Advertise with us
  • Become a sponsor
  • Privacy Policy
  • Terms of Use

Contact:

  • Contact Us
  • Feedback
  • Submission Guidelines

© Copyright People Matters Media Pte. Ltd. All Rights Reserved.

Get the latest Articles, Insight, News & Trends from the world of Talent & Work. Subscribe now!
People Matters Logo

Welcome Back!

Enter your registered email address to login

Not a user yet? Lets get you signed up!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

People Matters Logo

Welcome! Let's get you signed up...

Starting with the absolulte basics.

Already a user? Go ahead and login!

A 5 digit OTP has been sent to your email address.

This is so we know it's you. Haven't received it yet? Resend the email or then change your email ID.

Let's get to know you better

We'll never share your details with anyone, pinky swear.

And lastly...

Your official designation and company name.