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Australia’s HR startup Employment Hero raises $102m in Series E round Employment Hero team. July 21, 2021 Employment Hero, a Sydney-headquartered cloud-based HR, payroll, and benefits startup, announced raising S$135.5 million (about $102 million) in its Series E funding round led by global venture capital and private equity investor Insight Partners. The latest funding has tripled the startup’s valuation to S$806 million and comes less than five months after it raised about $35 million in Series D funding led by ASX-listed employment marketplace SEEK. In an announcement Wednesday, Employment Hero said it will use the fresh funds to further accelerate expansion efforts into Southeast Asian markets. It also plans to expand across Western Europe and enhance its platform engineering abilities. ....
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