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512Financial acquires HireBetter for recruitment growth

PRIVATESep 09, 2025

Acquiring Company

512Financial

Acquired Company

HireBetter

AustinAustinFinanceFintechHuman Resources

Description

512Financial has announced the acquisition of HireBetter, expanding its recruiting capabilities and adding sophisticated talent planning services. This marks 512Financial's second strategic acquisition in 2025. Velveth Schmitz, CEO of HireBetter, will continue as Chief Revenue Officer at 512Financial to support integrated services for growth-minded companies.

Quick answer

512Financial is acquiring HireBetter, announced September 9, 2025. 512Financial is based in Austin, Texas, United States.

How much did 512Financial pay for HireBetter?
The deal value was not disclosed.
What does 512Financial do?
512Financial is an Austin-based fractional services partner built for founders and trusted by VCs.
Where are 512Financial and HireBetter based?
512Financial is based in Austin, Texas, United States. HireBetter is based in Austin, Texas, United States.
Who are the decision-makers at 512Financial?
Fundz holds 1 contact at 512Financial. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

512Financial

Location

Austin, Texas, United States

About

512Financial is an Austin-based fractional services partner built for founders and trusted by VCs. The firm provides finance, accounting, HR, recruiting, and due diligence expertise to help high-growth companies accelerate without the overhead of full-time hires. Since 2022, 512Financial has supported over 140 venture-backed companies, representing more than $250 million in capital raised and liquidity events. The Austin Business Journal has also recognized it as a Best Place to Work.

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Frequently asked

Who acquired HireBetter?

HireBetter was acquired by 512Financial, based in Austin. The deal was reported on September 9, 2025. 512Financial is an Austin-based fractional services partner built for founders and trusted by VCs. 512Financial is privately held and operates in Finance.

When did 512Financial acquire HireBetter?

512Financial's acquisition of HireBetter was reported on September 9, 2025. 512Financial has announced the acquisition of HireBetter, expanding its recruiting capabilities and adding sophisticated talent planning services. This marks 512Financial's second strategic acquisition in 2025. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HireBetter do?

HireBetter is the award-winning strategic talent partner for entrepreneurial, growth-minded, middle-market companies that need the right solutions to thrive and scale. It is privately held, operating in Human Resources, and is based in Austin.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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