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HiBob

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HiBob
Company typePrivate
IndustrySoftware
Founded2015; 10 years ago (2015) in Tel Aviv, Israel
FoundersAmit Knaani
Ronni Zehavi
Israel David
Andy Bellass
Headquarters
London
,
United Kingdom
Area served
Worldwide
ProductsHiBob platform
Websitehibob.com

HiBob is a cloud-based human resource management platform developer based in London, United Kingdom.[1][2][3]

History

[edit]

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.[4][5] Initially, it was funded by the venture capital firms of the United States.[6]

In 2016, HiBob was launched in the United Kingdom.[7] A year later, in 2017, it received $17.5 million in a Series A funding round.[7][8] In 2019, it received additional funding of $20 million.[9][10]

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.[11][12][13] 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.[4][14][15] 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.[16][17] [18]

In 2021, HiBob acquired Cassiopia and subsequently integrated its anonymous reporting tool, Your Voice, into the HiBob platform.[19][20] A year later, HiBob made another acquisition and acquired Lisbon-based company Bugle.[21]

In November 2022, TIME selected HiBob for its annual "200 Best Inventions" list.[22][23] HiBob also appeared on Forbes' Cloud 100 in both 2023 and 2024.[24]

In 2024, HiBob acquired Tiger Global-backed Pento, a payroll automation platform based in London.[25][26][27] 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.[28][29]

Platform

[edit]

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.[4][12][30] Its interface includes social feed, pulse surveys, templates for individual meetings, payroll processing, and benefits administration.[4][22] The platform also automates routine HR tasks and supports scheduling for hybrid work arrangements and geographically dispersed teams.[22][31]

References

[edit]
  1. ^ "HiBob company profile". Bloomberg.com.
  2. ^ Merced, Michael J. de la (October 13, 2023). "'Start-Up Nation' Is Tested as Israel's Reservists Leave Their Desks". New York Times.
  3. ^ "HiBob profile". Forbes.
  4. ^ a b c d Sawers, Paul (August 17, 2022). "HR startup HiBob's valuation surges to $2.45B on $150M raise". TechCrunch.
  5. ^ Orbach, Meir (February 6, 2025). "Unicorn HiBob awards stock options to reservist employees who served in the war". Calcalist.
  6. ^ Hurley, James (August 1, 2016). "'Staff need to feel that a pension is their money'". The Times.
  7. ^ a b Sawers, Paul (April 25, 2017). "London-based Hibob raises $17.5 million to expand its HR platform into the U.S. and other markets". VentureBeat.
  8. ^ Nimmo, Jamie (April 25, 2017). "Start-up HiBob raises another £14 million for HR platform". Evening Standard.
  9. ^ Wiggers, Kyle (March 13, 2019). "Hibob raises $20 million to modernize HR with digital tools". VentureBeat.
  10. ^ "Israeli HR tech company Hibob raises $70m". October 12, 2020 – via Globes.
  11. ^ Miller, Ben (December 10, 2020). "Hibob, an HR technology company, has raised $70 million". New York Business Journal.
  12. ^ a b Sawers, Paul (December 10, 2020). "Hibob raises $70 million to expand its data-driven HR platform to more markets". VentureBeat.
  13. ^ Lunden, Ingrid (December 10, 2020). "Hibob raises $70M for its new take on human resources". TechCrunch.
  14. ^ Lunden, Ingrid (October 13, 2021). "HR platform Hibob raises $150M at a $1.65B valuation". TechCrunch.
  15. ^ Dor, Ofir (December 10, 2021). "HR management co Hibob raises $150m at $1.65b valuation" – via Globes.
  16. ^ Auerbach, Meir (September 19, 2023). "חברת HiBob גייסה 150 מיליון דולר לפי שווי של 2.7 מיליארד דולר: "מוכנים להנפקה" | כלכליסט" [HiBob raises $150 million at $2.7 billion valuation]. Calcalist.
  17. ^ "Israeli human resources company HiBob secures $150 mil. in extra funding". The Jerusalem Post. September 22, 2023.
  18. ^ Parmar, Hema (September 19, 2023). "Hedge Fund Farallon Leads Funding Round Valuing HiBob at $2.7 Billion". Bloomberg.
  19. ^ Tabanao, Ada (3 May 2023). "HiBob Review". HRD.
  20. ^ Prokopeak, Mike (June 9, 2021). "HR Platform Hibob Acquires Cassiopeia to Support Remote and Hybrid Work". CMSWire.
  21. ^ Orbach, Meir (September 15, 2022). "HiBob acquires Portuguese company Bugle, sets up R&D center in Lisbon". Calcalist.
  22. ^ a b c Withers, Ali (November 10, 2022). "HiBob: The 200 Best Inventions of 2022". Time.
  23. ^ Leichman, Abigail Klein (January 19, 2023). "5 Israeli technologies named TIME best inventions 2022". ISRAEL21c.
  24. ^ Cai, Kenrick; Konrad, Alex. "Forbes Cloud 100 2024 List". Forbes.
  25. ^ Orbach, Meir (February 13, 2024). "HR unicorn HiBob acquiring British payroll platform Pento for $40 million". Calcalist.
  26. ^ Burroughs, Callum (February 13, 2024). "HiBob, a $2.7-billion HR unicorn, is acquiring Tiger Global-backed payroll startup Pento". Business Insider.
  27. ^ Taylor, Dan (February 13, 2024). "Tiger Global-backed Pento acquired by Israeli HR platform HiBob". Tech.eu.
  28. ^ Orbach, Meir (February 13, 2025). "HiBob acquires Mosaic for $35 million to merge HR and financial planning". Calcalist.
  29. ^ Pathe, Tyler (February 17, 2025). "HiBob acquires US fintech Mosaic to integrate AI-powered financial management into HR platform". FintechFutures.
  30. ^ McQuarrie, Kylie (March 27, 2024). "Bob Review". TechRepublic.
  31. ^ Hurley, James (June 4, 2023). "Hybrid working to 'stay with us for ever'". The Times.
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