HiBob

HiBob was founded in 2015 in Tel Aviv by Amit Knaani, Ronni Zehavi, Israel David, and Andy Bellass to develop human resources software intended for internationally distributed workforce.{{Cite web|url=https://techcrunch.com/2022/08/17/hr-startup-hibobs-valuation-surges-50-to-2-45b-on-a-150m-raise/|title=HR startup HiBob's valuation surges to $2.45B on $150M raise|first=Paul|last=Sawers|date=August 17, 2022 |website=TechCrunch}}{{Cite web|url=https://www.calcalistech.com/ctechnews/article/rkaehmmyyx|title=Unicorn HiBob awards stock options to reservist employees who served in the war|date=February 6, 2025 |first=Meir |last=Orbach |website=Calcalist}} Initially, it was funded by the venture capital firms of the United States.{{Cite web|url=https://www.thetimes.com/business-money/money/article/staff-need-to-feel-that-a-pension-is-their-money-b59xqc7b0|title=‘Staff need to feel that a pension is their money’|first=James|last=Hurley|date=August 1, 2016|website=The Times}}

In 2016, HiBob was launched in the United Kingdom.{{Cite web|url=https://venturebeat.com/entrepreneur/hibob-raises-17-5-million/|title=London-based Hibob raises $17.5 million to expand its HR platform into the U.S. and other markets |date=April 25, 2017 |first=Paul |last=Sawers |website=VentureBeat}} A year later, in 2017, it received $17.5 million in a Series A funding round.{{Cite web|url=https://www.standard.co.uk/business/startup-hibob-raises-another-ps14-million-for-hr-platform-a3523051.html|title=Start-up HiBob raises another £14 million for HR platform|first=Jamie|last=Nimmo|date=April 25, 2017|website=Evening Standard}} In 2019, it received additional funding of $20 million.{{Cite web|url=https://venturebeat.com/ai/hibob-raises-20-million-to-modernize-hr-with-digital-tools/|title=Hibob raises $20 million to modernize HR with digital tools |first=Kyle |last= Wiggers |date=March 13, 2019 |website=VentureBeat}}{{Cite web|url=https://en.globes.co.il/en/article-israeli-hr-tech-company-hibob-raises-70m-1001352762|title=Israeli HR tech company Hibob raises $70m|date=October 12, 2020|via=Globes}}

In 2020, HiBob raised $70 million in Series B funding and by late 2020 it had raised approximately US$124 million in venture capital funding.{{Cite web|url=https://www.bizjournals.com/newyork/news/2020/12/10/tribeca-based-human-resources-software-firm-raises.html|title=Hibob, an HR technology company, has raised $70 million |first=Ben |last=Miller |date=December 10, 2020 |website=New York Business Journal}}{{Cite web|url=https://venturebeat.com/business/hibob-raises-70-million-to-expand-its-data-driven-hr-platform-to-more-markets/|title=Hibob raises $70 million to expand its data-driven HR platform to more markets |date=December 10, 2020 |first=Paul |last=Sawers |website=VentureBeat}}{{Cite web|url=https://techcrunch.com/2020/12/10/hibob-raises-70m-on-a-500m-valuation-for-its-new-take-on-hr/|title=Hibob raises $70M for its new take on human resources|first=Ingrid|last=Lunden|date=December 10, 2020|website=TechCrunch}} Additional financing rounds included a Series C of US$150 million in October 2021 and a Series D of the same amount in August 2022, increasing the company's valuation first to US$1.65 billion and subsequently to US$2.45 billion.{{Cite web|url=https://techcrunch.com/2021/10/13/hr-platform-hibob-raises-150m-at-a-1-65b-valuation/|title=HR platform Hibob raises $150M at a $1.65B valuation|first=Ingrid|last=Lunden|date=October 13, 2021 |website=TechCrunch}}{{Cite web|url=https://en.globes.co.il/en/article-hr-management-co-hibob-raises-150m-at-165b-valuation-1001387014|title=HR management co Hibob raises $150m at $1.65b valuation|date=December 10, 2021|first=Ofir |last=Dor|via=Globes}} Another US$150 million funding round occurred in September 2023, led by Farallon Capital and Alpha Wave Global, raising HiBob's valuation to nearly US$2.7 billion and bringing total funding to approximately US$574 million.{{Cite web|url=https://www.calcalist.co.il/calcalistech/article/hkspd68ka|title=חברת HiBob גייסה 150 מיליון דולר לפי שווי של 2.7 מיליארד דולר: "מוכנים להנפקה" | כלכליסט|trans-title=HiBob raises $150 million at $2.7 billion valuation |date=September 19, 2023 |first=Meir |last=Auerbach |website=Calcalist}}{{Cite web|url=https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-760127|title=Israeli human resources company HiBob secures $150 mil. in extra funding|date=September 22, 2023|website=The Jerusalem Post}}

{{Cite web|url=https://www.bloomberg.com/news/articles/2023-09-19/hedge-fund-farallon-leads-funding-round-valuing-hibob-at-2-7-billion|title=Hedge Fund Farallon Leads Funding Round Valuing HiBob at $2.7 Billion|first= Hema |last=Parmar |date=September 19, 2023 |website=Bloomberg}}

In 2021, HiBob acquired Cassiopia and subsequently integrated its anonymous reporting tool, Your Voice, into the HiBob platform.{{Cite web|url=https://www.hcamag.com/us/hr-software-reviews/hibob-review/444700|title=HiBob Review |first=Ada |last=Tabanao |date=3 May 2023 |website=HRD}}{{Cite web|url=https://www.cmswire.com/digital-workplace/hr-platform-hibob-acquires-cassiopeia-to-support-remote-and-hybrid-work/|title=HR Platform Hibob Acquires Cassiopeia to Support Remote and Hybrid Work |first=Mike |last=Prokopeak |date=June 9, 2021 |website=CMSWire}} A year later, HiBob made another acquisition and acquired Lisbon-based company Bugle.{{Cite web|url=https://www.calcalistech.com/ctechnews/article/sydtsqezs|title=HiBob acquires Portuguese company Bugle, sets up R&D center in Lisbon|first=Meir |last=Orbach|date=September 15, 2022|website=Calcalist}}

In November 2022, Time selected HiBob for its annual "200 Best Inventions" list.{{Cite web|url=https://www.israel21c.org/5-israeli-technologies-named-time-best-inventions-2022/|title=5 Israeli technologies named TIME best inventions 2022|first=Abigail Klein|last=Leichman|date=January 19, 2023|website=ISRAEL21c}} HiBob also appeared on Forbes' Cloud 100 in both 2023 and 2024.{{Cite web|url=https://www.forbes.com/lists/cloud100/|title=Forbes Cloud 100 2024 List|first1=Kenrick |last1=Cai |first2=Alex |last2=Konrad |website=Forbes}}

In 2024, HiBob acquired Tiger Global-backed Pento, a payroll automation platform based in London.{{Cite web|url=https://www.calcalistech.com/ctechnews/article/bjuv8odo6|title=HR unicorn HiBob acquiring British payroll platform Pento for $40 million|date=February 13, 2024|first=Meir |last=Orbach|website=Calcalist}}{{Cite web|url=https://www.businessinsider.com/hr-unicorn-hibob-acquires-uk-payroll-startup-pento-tech-boom-2024-2|title=HiBob, a $2.7-billion HR unicorn, is acquiring Tiger Global-backed payroll startup Pento|first=Callum|last=Burroughs|date=February 13, 2024|website=Business Insider}}{{Cite web|url=https://tech.eu/2024/02/13/tiger-global-backed-pento-acquired-by-israeli-hr-platform-hibob/|title=Tiger Global-backed Pento acquired by Israeli HR platform HiBob |first=Dan |last=Taylor |date=February 13, 2024|website=Tech.eu}} A year later, in 2025, HiBob acquired the U.S.-based fintech firm Mosaic, integrating its AI-powered financial management capabilities into the HiBob HR platform.{{Cite web|url=https://www.calcalistech.com/ctechnews/article/ryvodwoyjl|title=HiBob acquires Mosaic for $35 million to merge HR and financial planning|date=February 13, 2025|first=Meir |last=Orbach|website=Calcalist}}{{Cite web|url=https://www.fintechfutures.com/m-a/hibob-acquires-us-fintech-mosaic-to-integrate-ai-powered-financial-management-into-hr-platform|title=HiBob acquires US fintech Mosaic to integrate AI-powered financial management into HR platform |first=Tyler |last=Pathe |date=February 17, 2025 |website=FintechFutures}}

HiBob is a software-as-a-service human resources information system (HRIS) platform primarily serving small and mid-size companies in the United Kingdom and the United States. It is used for managing onboarding, time-off requests, time sheets, performance evaluations, compensation, and analytics.{{Cite web|url=https://www.techrepublic.com/article/bob-review/|title=Bob Review|first=Kylie|last=McQuarrie|date=March 27, 2024|website=TechRepublic}} Its interface includes social feed, pulse surveys, templates for individual meetings, payroll processing, and benefits administration.{{Cite web|url=https://time.com/collection/best-inventions-2022/6227290/hibob/|title=HiBob: The 200 Best Inventions of 2022|date=November 10, 2022|first=Ali |last=Withers|website=Time}} The platform also automates routine HR tasks and supports scheduling for hybrid work arrangements and geographically dispersed teams.{{Cite web|url=https://www.thetimes.com/business-money/entrepreneurs/article/hybrid-working-to-stay-with-us-for-ever-5wtp70c9n|title=Hybrid working to ‘stay with us for ever’|first=James|last=Hurley|date=June 4, 2023|website=The Times}}

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Category:2015 establishments in Israel

Category:Companies based in London