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HiBob secures $166 million funding round led by Salesforce, bringing its valuation to $3.5 billion. The Israeli HR tech company plans to use the new capital for acquisitions and expanding its platform.

PRIVATESep 01, 20267 days ago

Amount Raised

$166 Million

Round Type

Venture - Series Unknown

New YorkSoftware

Investors

Salesforce

Description

HiBob, the developer of the Bob employee management platform, has completed a $166 million funding round led by Salesforce. This round is the largest in HiBob's history. The company plans to utilize the new capital to pursue acquisitions and enhance its platform. HiBob's valuation has increased significantly from its previous funding round.

Company Information

Company

HiBob

Location

New York, New York, United States

About

HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform Bob. It offers resilient, agile technology that wraps all the complexities of HR processes into a game changing, user-friendly tool that touches every employee across the business. Used by more than 4400 multinational companies to accelerate hiring, retain the best talent and elevate employee engagement.

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Funding Insights

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

HiBob raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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