Monday, November 28, 2022
HomeStartupHR analytics startup grabs $15 million from Salesforce

HR analytics startup grabs $15 million from Salesforce

Expertise evaluation startup Reejig has raised $17 million topping up on the $15 million from a Collection A simply eight months in the past.

This time Salesforce Ventures, the funding arm of the worldwide tech large, backed the three-year-old enterprise.

Reejig says the funding is just not a Collection B increase.

The newest money injection means the HR platform has raised practically $40 million in simply two years, kicking off with a $2.2 million seed spherical in 2020. In October final yr, the startup introduced the primary $6 million raised in its Collection A, adopted by one other $15 million in February this yr to finish the spherical.

Earlier rounds have been backed by Kim Jackson and Scott Farquhar’s Skip Capital, Airtree Ventures; Tradition Amp’s Didier Elzinga and his opera singer spouse, Greta Bradman; in addition to preliminary investor Proper Click on Capital. Most of them have practically tripled their funding.

The startup was based in 2019 by CEO Siobhan Savage, CTO Mike Reed and knowledge scientist Dr Shujia Zhang to deal with HR challenges round hiring, retaining and reskilling workers.

Savage mentioned the capital can be used to developed the platform’s tech and improve the worldwide crew.

“This announcement is a testomony to the work of the Reejig crew and a testomony to the ability of workforce intelligence in serving to organisations optimise their workforces and unlock their folks’s potential,” she mentioned.

The startup’s crew has grown by 1000% over the previous 12 months, with places of work opening in APAC, North America, and the UK. The shopper base contains AWS, Compass Group, Woolworths Group, John Holland, and Allianz.

Reejig was named on the 2022 Cloud 100 Rising Star record as one of many high 20 promising cloud innovators globally.

‍Salesforce Ventures APAC MD Mike Ferrari mentioned: “We’re thrilled to accomplice with Reejig, who’s reworking the best way companies mobilise, reskill, and optimise their workforces.”

NOW READ: HR platform Employment Hero hits $1.25 billion valuation following $181 million increase



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