Employment Hero

company

About

Employment Hero is a cloud-based platform that helps businesses manage HR, payroll, and employee benefits.

Details

Last Funding Type
Series F
Last Funding Money Raised
$181M
Industries
Employee Benefits,Employment,Finance,Human Resources,Management Information Systems,SaaS
Founded date
May 2, 2014
Number Of Employee
251 - 500
Operating Status
Active
Legal Name
Employment Hero Holdings Pty Ltd

Employment Hero operates as an online human resource platform for small and medium-sized businesses. Its cloud-based HR platform combines HR software, financial services, scheduling, and payroll tools, as well as employee benefits, providing growing companies with an intuitive, affordable way to manage essential employee information and HR processes.

The company aims to become the employment platform of choice for employers and employees in Australia and beyond, by providing free, easy-to-use HR software that employers love to use, and access to far greater benefits for all employees.

Employment Hero was founded in 2014 and is headquartered in Sydney New South Wales.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$369M $25.50M
Employment Hero has raised a total of $369M $25.50M in funding over 2 rounds. Their latest funding was raised on Feb 16, 2022 from a Series F round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 16, 2022 Series F $181M 3 SEEK Detail
Jul 20, 2021 Series E $140M 5 Insight Partners Detail
Mar 1, 2021 Series D $45M 4 SEEK Detail
Jul 8, 2019 Series C $15M 3 SEEK Detail
Mar 26, 2018 Series B $8M 4 OneVentures
SEEK
Detail

Investors

Number of Lead Investors
Number of Investors
8
8
Employment Hero is funded by 8 investors. SEEK and Insight Partners are the most recent investors.
Investor Name Lead Investor Funding Round
SEEK Yes Series F
Insight Partners Yes Series E
AirTree Ventures Series F
OneVentures Series F
Salesforce Ventures Series E
AMP Capital Investors Series B
AMP New Ventures Series A
Partners for Growth Debt Financing

Employee Profiles

Number of Employee Profiles
7
Employment Hero has 7 current employee profiles, including Executive Dave Tong
Executive
Executive
Employee
Executive
Executive

Acquisition

Employment Hero has acquired 1 organizations. Their most recent acquisition was KeyPay on Feb 16, 2022. They acquired KeyPay for 0.

Date Company Name
Industry Acquisition Type Price
Feb 16, 2022 KeyPay
Cloud Data Services acquisition Detail