Homebase Revolutionizes Team Management for SMBs with $60M Series D Funding
April 5, 2024, 9:34 pm
Homebase, a tech company focused on HR software for small and mid-sized businesses, recently secured $60 million in Series D financing. Led by L Catterton Growth, this funding round also included Emerson Collective and existing investors like Notable Capital and Khosla Ventures.
Homebase's CEO, John Waldmann, emphasizes the importance of catering to the two-thirds of American SMB workers in hourly jobs. The software offers a range of features including payroll, shift scheduling, timesheets, hiring, and HR compliance, all aimed at empowering hourly workers and streamlining operations for businesses.
Investor Jeff Richards commends Homebase's performance and highlights the potential impact of AI in enabling small businesses to thrive. Despite competition in the market, Homebase's growth and user base of over 2 million workers demonstrate its significance in the tech industry.
With a total of $169 million in venture capital, Homebase continues to innovate with new features like automated payroll and tip management. The company's mission to enhance the hourly work experience aligns with the growing importance of technology in improving job quality and community well-being.
As Homebase expands its reach and product offerings, the company remains committed to revolutionizing team management for SMBs and empowering hourly workers with the tools they need to succeed in the modern workforce.
Homebase's CEO, John Waldmann, emphasizes the importance of catering to the two-thirds of American SMB workers in hourly jobs. The software offers a range of features including payroll, shift scheduling, timesheets, hiring, and HR compliance, all aimed at empowering hourly workers and streamlining operations for businesses.
Investor Jeff Richards commends Homebase's performance and highlights the potential impact of AI in enabling small businesses to thrive. Despite competition in the market, Homebase's growth and user base of over 2 million workers demonstrate its significance in the tech industry.
With a total of $169 million in venture capital, Homebase continues to innovate with new features like automated payroll and tip management. The company's mission to enhance the hourly work experience aligns with the growing importance of technology in improving job quality and community well-being.
As Homebase expands its reach and product offerings, the company remains committed to revolutionizing team management for SMBs and empowering hourly workers with the tools they need to succeed in the modern workforce.