HiBob, a company aiming to transform the world of work with its HR solution Bob, has recently raised $150 million in new funding led by Farallon Capital, Alpha Wave Global and existing investors. This new investment will enable HiBob to continue delivering its human capital management platform to a wider range of customers and organizations.
HiBob’s solution helps HR departments better manage global teams, balance remote and hybrid work and strengthen employee retention. Its fresh capital will help the company serve more mid-size, multi-national organizations with additional product innovation and development to support its growing customer base.
The company’s main investment focuses for this round will be launching new modules to support HR teams across the employee journey, expanding into new geographies and growing its partner ecosystem, allowing customers to choose the best-fit solutions for their specific needs.
