What is HiBob?
Founded in 2015, HiBob provides a sophisticated cloud-based HR and benefits management platform designed specifically for high-growth companies. The platform serves as a central hub for employee engagement, performance management, and organizational culture development. Headquartered in Tel Aviv with a significant presence in New York and London, HiBob addresses the critical needs of modern businesses that require agile, data-driven solutions to manage their workforce effectively. By integrating core HR functions with intuitive user experiences, the company has established itself as a vital partner for organizations aiming to foster inclusive and productive work environments in an increasingly distributed global economy.
How much funding has HiBob raised?
HiBob has raised a total of $397.5M across 5 funding rounds:
Angel/Seed
$7.5M
Series A
$20M
Series B
$70M
Series C
$150M
Series D
$150M
Angel/Seed (2016): $7.5M with participation from LocalGlobe and Bessemer Venture Partners
Series A (2019): $20M, investors not publicly disclosed
Series B (2020): $70M supported by Bessemer Venture Partners, Israel Growth Partners Ltd, Battery Ventures L.P, Eight Roads Services Limited, Arbor Ventures, and SEEK
Series C (2021): $150M featuring Bessemer Venture Partners, Battery Ventures, Entree Capital, General Atlantic, and Eight Roads
Series D (2022): $150M backed by General Atlantic and Bessemer Venture Partners
Key Investors in HiBob
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm with a global footprint, specializing in early-stage and growth-stage investments across diverse technology sectors.
General Atlantic
General Atlantic is a global growth equity firm that provides strategic support and capital to high-growth companies, focusing on long-term value creation and international expansion.
Battery Ventures
Battery Ventures is a global investment firm that partners with category-defining businesses in software, enterprise infrastructure, and industrial technology, supporting companies from seed to buyout.
What's next for HiBob?
Looking ahead, HiBob is poised to leverage its recent capital injection to deepen its market penetration and enhance its product ecosystem. The strategic focus will likely center on expanding its footprint in key international markets while continuing to innovate its core HR technology stack. As the demand for flexible, scalable human resources software grows, HiBob is strategically positioned to capitalize on the shift toward hybrid work models and digital-first employee experiences. The company's ability to attract top-tier institutional backing suggests a clear trajectory toward sustained growth and potential market leadership in the enterprise HR software space.
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