![]() The vast majority of the 5.6M small businesses in the U.S. Bambee aims to be the conduit that reduces the friction-filled relationship that exists at companies due to a lack of HR expertise and strategy. Key investments were also made by Mucker Capital, Ken Chenault (chairman and managing director, General Catalyst and former CEO and chairman of American Express), Damian Maldonado (CEO and founder at American Financing and American Home Agent), and Gaingels (the LGBTQIA+/Allies investment syndicate).įounded in 2016 by CEO Allan Jones, who was previously the CMO of ZipRecruiter (NYSE: ZIP), Bambee is reshaping work experiences for employees across America. In this latest round, SoftBank joined QED, leader of both Series B and C rounds, and AlphaEdison, who led the Series A round. With this new investment, Bambee plans to hire an additional 150 employees this year and expand its operations in Nashville, Tennessee. ![]() ![]() The company has nearly 10,000 active subscribers. The company grew topline by 100% in 2021 and is on track to double again in 2022. The investments will be deployed across four areas: Bambee Guided Payroll and HR Autopilot products, adding new customer benefits, expanding customer and HR manager teams to deliver world class service, and growing engineering teams. LOS ANGELES-( BUSINESS WIRE)-Bambee, the company that makes Human Resources affordable for small to medium-sized businesses, today announced a $30 million dollar Series C round, bringing its total funding to $65 million.
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