The specialization in HR tech trend continues with a $27 million D round raised by Hireology. They focus on multi-location, decentralized enterprises and independently owned businesses across several industries, including retail automotive, healthcare and professional and consumer services.
Specialization is one of the key drivers behind what we see as the expansion of the HR technology market. We expect to see a lot more of this trend.
Hireology, the leading recruitment CRM for multi-location, decentralized enterprises, today announced it has closed $27 million in Series D financing led by Blue Cloud Ventures, with full participation from current investors Bain Capital Ventures and Baird Venture Partners, as well as Silicon Valley Bank.This latest round of investment brings its total capital raised to $60.5 million and underscores Hireology’s momentum and position of strength in the market. Funds will be used to accelerate the company’s growth in new market verticals and to create features that further differentiate its product offering.
Funds Will Be Used to Accelerate Growth in New Market Verticals, Enhance Product Offering