Employment Hero’s Series F Funding for Global Reach
Employment Hero, a big company that helps manage people’s jobs, just got a lot of money to help them grow even more around the world.
Today, the company got permission to get more money from investors. This brings the total amount of money they have raised to over SGD 572 million.
They have used this money to create a lot of different products and services that make it easier for people to find jobs and for companies to hire people.
Employment Hero has made a platform that helps businesses find, hire, pay, and manage their employees. This makes things easier for the owners and managers so they can concentrate on making their businesses better.
Scaling HR Excellence
The company called Employment Hero, which was started in Australia, recently got a lot of money from a big investor. This means that the company is now worth almost $1.7 billion.
More than 300,000 small businesses from all over the world use Employment Hero to help manage their employees.
The Employment Hero super-app called ‘Swag’ is like a special tool for workers. It helps them take control of their work and money in a smart and efficient way.
The app helps people save a lot of money every year, which is really helpful because things are getting more expensive all over the world. This money will help the company grow and reach more people in different countries.
Employment Hero’s Series F
Ben Thompson and Dave Tong are the people who started this company. This new fundraising is like a big approval of their idea to make a really good place for people to find jobs and be part of a community.
Right now, the industry they are in is not very organized and is worth a lot of money every year.
“Employment Hero is a best-in-class HRIS platform that differentiates itself by offering integrated HR and payroll capabilities across multiple geographies,” added Alexander Wortmann, partner at TCV.
By connecting businesses with a huge talent pool, employment.
Hero is coming up with new and better ways to find and pay people for jobs in today’s world. We are happy to work with Employment Hero’s smart group of people to make this happen and grow all around the world.
Insight Partners, AirTree, Seek, and OneVentures, who supported Employment Hero before, also helped with this new fundraising.
