What is Enboarder?
Founded in 2015, Enboarder operates within the human resources technology landscape, specializing in creating dynamic and engaging onboarding processes for new employees. By leveraging technology, Enboarder aims to transform the critical initial phase of employment into a positive and productive experience, thereby improving employee retention and engagement from day one. The company's innovative approach addresses a key challenge for employers seeking to integrate new talent effectively into their organizations.
How much funding has Enboarder raised?
Enboarder has raised a total of $49M across 3 funding rounds:
Other Financing Round
$4M
Series A
$13M
Series B
$32M
Other Financing Round (2018): $4M with participation from Innovation Fund and Greycroft Partners
Series A (2021): $13M led by Stage 2 Capital, Grey Croft, and Next Coast Ventures
Series B (2022): $32M supported by NewSpring Capital and Greycroft Partners
Key Investors in Enboarder
NewSpring Capital
NewSpring Capital partners with companies in dynamic industries to catalyze new growth. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using through it's network of industry leaders.
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets. Greycroft leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, bring their products to market, and build successful businesses.
Stage 2 Capital
Stage 2 Capital Corporation is a full service lending operation and has been serving the Greater Montreal Area since 1989. We provide quick, no-hassle mortgage loans at reasonable rates. No personal credit checks are required, we lend on the equity in your home, no questions asked.
What's next for Enboarder?
With the recent infusion of major strategic investment, Enboarder is poised for accelerated growth and product development. This capital injection, part of its substantial enterprise-level funding, will likely enable the company to expand its market reach, enhance its platform's capabilities, and potentially explore new verticals within the HR tech space. The company's focus on improving the employee experience through technology positions it well to capitalize on evolving workplace trends and the increasing demand for sophisticated HR solutions.
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