{"id":49461,"date":"2022-02-23T15:19:23","date_gmt":"2022-02-23T07:19:23","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=49461"},"modified":"2022-02-23T15:19:23","modified_gmt":"2022-02-23T07:19:23","slug":"hris-firms-reveal-results-of-their-latest-seed-rounds","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/hris-firms-reveal-results-of-their-latest-seed-rounds\/","title":{"rendered":"HRIS firms reveal results of their latest seed rounds"},"content":{"rendered":"
Three HR software firms Darwinbox, Employment Hero and Manatal have announced the results of their latest funding rounds this year.<\/span><\/p>\n Human resource information system (HRIS) provider Employment Hero collected a total fund of AUD 181 million (USD 129 million). According to a report by the online newspaper TechCrunch, the company\u2019s round was led by Seek Investments.\u00a0<\/span><\/p>\n Aside from the additional funding, Employment Hero also acquired workforce management payroll platform KeyPay.<\/span><\/p>\n Meanwhile, HR Software firm Darwinbox announced a US$72 million funding round led by investment firm Technology Crossover Ventures. This values the company at more than $1 billion.<\/span><\/p>\n Darwinbox Co-Founder Jayant Paleti said that this \u201cinvestment energizes our mission to continue building technology that enables organizations to unlock the highest potential of their people.\u201d\u00a0\u00a0<\/span><\/p>\n The India-based organization plans to use its collected fund to launch its US operations this year.\u00a0<\/span><\/p>\n Lastly, recruitment software firm Manatal gained US$ 5.1 million in a seed funding round last week. With their AI applicant tracking system, the Thailand-based provider earned the support of venture capital firm Sequoia India and other angel investors.<\/span><\/p>\n