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Bambee Raises $15 Million to Help Small Business Owners Solve Challenging HR Issues

Dec 17, 2020•almost 5 years ago

Amount Raised

$15 Million

Los Angeles

Description

Bambee, an HR offering tailored for small and medium-sized businesses that makes hiring an HR manager affordable for every company, today announced a $15 million dollar series-B round, bringing its total funding to $32 million. The funding will be used to expand Bambee’s service offerings and its ability to reach millions of small businesses. The latest round was led by QED Investors, with participation from Alpha Edison and Mucker Capital.

Company Information

Company

Bambee

Location

Los Angeles, California, United States

About

Allan Jones founded Bambee in 2016. Bambee has been at the forefront of solving HR problems for small businesses since its inception. Bambee puts their customers HR on autopilot, starting with a dedicated HR manager and smart automation. Bambee helps each company navigate the complex regulatory world of compliance, HR policy, employee relations, and HR strategy -- including internal investigations, hires, furloughs, and return to work procedures. The combination of a real HR manager coupled with an intelligent software platform gets Bambee customers to HR compliance, and helps keep them compliant. In October 2021, Goldman Sachs celebrated Jones as one of the 100 most intriguing entrepreneurs, at their Builders + Innovators Summit. For three years running, Forbes has named Bambee a top startup employer in the U.S., and in 2022 listed Bambee as top 5 in Los Angeles. Learn more at www.Bambee.com.

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