What is Deputy?
Founded in 2008, Deputy provides a comprehensive employee management solution designed to simplify scheduling, timesheets, task management, and workplace communication. The platform serves as a critical digital infrastructure for businesses, enabling managers to optimize labor costs and improve operational efficiency through real-time data insights. By centralizing workforce coordination, Deputy addresses the persistent challenges of shift-based labor management, positioning itself as an essential tool for modern, agile enterprises. The company's focus on user-centric design and seamless integration capabilities has solidified its reputation as a leader in the human capital management technology space.
How much funding has Deputy raised?
Deputy has raised a total of $106M across 2 funding rounds:
Series A
$25M
Series B
$81M
Series A (2017): $25M with participation from OpenView Partners
Series B (2018): $81M led by IVP, EVP, Square Peg Capital, and OpenView
Key Investors in Deputy
IVP
IVP is a Menlo Park-based later-stage venture capital firm that raises large growth funds and invests in high-growth technology companies, typically supporting them through scale-up and IPO or M&A exits.
OpenView
Founded in 2006, OpenView Venture Partners is a Boston-based firm that specializes in investing in B2B software companies, providing strategic guidance to help them scale effectively.
Square Peg Capital
Square Peg is a venture capital firm that invests in emerging technology companies across the internet economy in Australia, New Zealand, Southeast Asia, and Israel.
What's next for Deputy?
Looking ahead, the strategic deployment of the $81M will likely focus on deepening the platform's AI-driven scheduling capabilities and enhancing its enterprise-grade security features. As the company scales, the focus will shift toward capturing a larger share of the global workforce management market, particularly among large-scale organizations that require high-level compliance and reporting tools. With the support of seasoned venture partners, Deputy is poised to navigate the complexities of international expansion while maintaining its core value proposition of simplifying the daily operations of millions of workers worldwide. The company's trajectory suggests a continued emphasis on product innovation and strategic partnerships to maintain its competitive edge in the evolving digital workplace ecosystem.
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