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Start-up funding: TCV backs Employment Hero with $2b valuation in year's biggest cap raising with $263m - Vimarsana News

Start-up funding: TCV backs Employment Hero with $2b valuation in year's biggest cap raising with $263m

The human resources technology firm has shrugged off depressed private tech market sentiment and is now valued at just shy of $2 billion.

Source: afr.com
Zero to Employment Hero: HR unicorn nabs $167M to be Australia's 'biggest export since Atlassian' - Vimarsana News

Zero to Employment Hero: HR unicorn nabs $167M to be Australia's 'biggest export since Atlassian'

With that in mind, Employment Hero, an Australia-based recruitment, HR and payroll platform, today announced it has secured AUD$263 million ($167 million) in a Series F round of funding. Employment Hero's Series F round included participation from existing investors Insight Partners, AirTree, Seek and OneVentures. Co-founder and CEO Ben Thompson said that the company is aiming to be one of Australia's biggest ever technology exports, with plans to build on its current reach which sees it process $85 billion in wages annually for some 300,000 SMEs.

Source: yahoo.com
Australia's Employment Hero hits unicorn status after $167m funding round - Vimarsana News

Australia's Employment Hero hits unicorn status after $167m funding round

Australian employment management platform Employment Hero has announced raising A$263 million in its Series F funding round.

Zero to Employment Hero: HR unicorn nabs $167M to be Australia's 'biggest export since Atlassian' - Vimarsana News

Zero to Employment Hero: HR unicorn nabs $167M to be Australia's 'biggest export since Atlassian'

With that in mind, Employment Hero, an Australia-based recruitment, HR and payroll platform, today announced it has secured AUD$263 million ($167 million) in a Series F round of funding. Employment Hero's Series F round included participation from existing investors Insight Partners, AirTree, Seek and OneVentures. Co-founder and CEO Ben Thompson said that the company is aiming to be one of Australia's biggest ever technology exports, with plans to build on its current reach which sees it process $85 billion in wages annually for some 300,000 SMEs.

Source: yahoo.com
Will AI replace humans in the HR function? - Vimarsana News

Will AI replace humans in the HR function?

Survey reveals 36% of Kiwi HR leaders are concerned they could lose their jobs to AI

Source: hcamag.com