HiBob raised $150 million in its series D fundraising round, which was supervised by growth investor General Atlantic.
Following HiBob’s US $150 million series C round in October 2021, the funding boost increases the company’s valuation to US $2.5 billion. Aside from Bessemer Venture Partners, other current investors also approved the most recent fundraising.
The 2015 startup company with its US headquarters offers consumers in 166 countries access to its HR information system, Bob. It was founded by Ronni Zehavi and Israel David.
Within the following 24 months, the business will use the cash to further its expansion and establish new regional offices. According to Damien Andreasen, regional head for the Asia Pacific at HiBob, the business also intends to devote more resources to bolstering its presence in Singapore through new employees and increased production capabilities.
Over 370 new employees have joined HiBob since the fourth quarter of 2021. Along with opening a new office in Berlin, it also witnessed additions to its operations in New York and London.
