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Australia – HR services platform Employment Hero closes $100 million funding round (TechCrunch)

21 July 2021

Australia-based HR services platform Employment Hero announced that it has closed another AUD 140 million (USD 102.4 million) in funding, reports TechCrunch. The latest funding for Employment Hero comes four months after announcing its last round, led by job board Seek. The Series E was led by Insight Partners, the venture capital firm known for its ScaleUp program to help tech companies accelerate their growth. Employment Hero is an automated human resources, payroll and benefits platform for SMEs. Founded in Sydney in 2014, the company is now expanding into Southeast Asian and Western European markets. Its previous funding announcement was a AUD 45 million (USD 32.9 million) Series D announced in March, led by Seek.