https://techcrunch.com/2021/10/13/hr-platform-hibob-raises-150m-at-a-1-65b-valuation/

On the heels of Personio raising a big round yesterday, one of its competitors and another big startup in the area of HR has also picked up some fundning. Hibob, a London-based company that targets the mid-market with an all-in-one platform that handles various human resources functions, closed a Series C of $150 million. The funding values the company at around $1.65 billion, the company has confirmed to us. This was also the figure that appeared in leaked rumors in the market earlier this week, ahead of the company confirming the news today.

General Atlantic led the round, with past investors Bessemer Venture Partners, Battery Ventures, Eight Roads and Entrée Capital among the others investing. Hibob last raised money about 10 months ago, a $70 million round in December 2020 (a round led by SEEK and Israel Growth Partners). Its valuation since then has more than tripled, a mark of how hot the market is for HR right now.