Hibob, the Tel Aviv-born HR tech startup behind the people management platform bob, has landed $70 million in Series B funding led by investors SEEK and Israel Growth Partners (IGP). The company has raised a total of $124 million since its launch in late 2015. The startup, which says it has seen triple-digit year-over-year growth every year including 2020, serves over a thousand clients across Europe, the US and the Middle East, including fast-growing companies such as Monzo, Revolut, Cazoo, Happy Socks and Fiverr. The latest funding will fuel continued global expansion and product development. It follows Series A financing that took place in 2017 and 2019, backed by investors Bessemer Venture Partners, Battery Ventures, Eight Roads Ventures, Arbor Ventures, Presidio Ventures, Entrée Capital, Cerca Partners and Perpetual Investors — all of whom joined the Series B as well.
Image: Photos of Hibob team, from company's website