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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 funding. Hibob last raisedmoney about 10 months ago, a $70 million round in December 2020 (a round led by SEEK and Israel Growth Partners). billion, the company has confirmed to us.
It has raised very little in funding (around $2 million) before this, at one point trying to raise an angel round but cancelling the process before it completed, according to filings tracked by PitchBook. too, with not just talent but more money going into regions beyond the usual suspects.
We understand that the funding is coming in at a $475 million valuation, six times the company’s valuation when it last raisedmoney — a $20 million round just four months ago. The company now works with 80 large businesses, he said, helping them fill knowledgeworker roles. Oyster is not — yet?
Jobber raises $60M as its platform for home services professionals hits 100K users. The valuation of this round is not being disclosed, but I should point out that an investor told me that PitchBook’s estimate of $122 million post-money is not accurate (we’re still digging on this and will update as and when we learn more).
The company has now raised a total of $16.6 Co-founder and CEO Pouyan Salehi says that he wasn’t really looking to add capital, but the investors understood his vision and the money will help accelerate the product roadmap. Today, it announced a $13 million Series A led by Craft Ventures with participation from Accel.
The investment values Mem at $110 million post-money and brings the startup’s total raised to $29 million. ” Mem competes with a number of companies seeking to tackle the same knowledge-finding and notes-organizing challenges. But today, the OpenAI Startup Fund revealed that it led a $23.5
Closed today, the round, which brings Magical’s total raised to $41 million (following a previously-undisclosed $6 million seed round), also saw participation from Greylock, Bain, Lightspeed Capital, SV Angels, and Blank Ventures. Image Credits: Magical. But the goal is to introduce paid plans with premium features in the future.
In a global economy with an estimated 1 billion so-called knowledgeworkers, and with freelancers accounting for some 35% of the world’s workforce , it’s a pretty gigantic market, which you could alternately look at as a major opportunity, but also a ripe field for many players with multiple permutations of the marketplace concept.
For the longest time, a lot of the most interesting innovations have been focused on so-called “knowledgeworkers” — those who typically get salaries, use computers and desks, and might well be paid much higher overall. Hourly workers, however, have come into focus more recently for a number of reasons.
A lot of the focus in online education — and, let’s face it, education overall — has been about professional development for knowledgeworkers, education for K-12 and how best to deliver cost-effective, engaging higher learning to those in college and beyond. Nana has now raised $10.7 and try their luck there.
It’s been built for what Huffman thinks is the future: digital knowledgeworkers, a term he uses to describe independent tech workers who freelance for different companies or gigs. The early adopters are independent workers who want to work or advise for a product team. Luckily, the startup has raised a $14.5
Brookings: The AI revolutions winners and losers wont be who or where youd think A new Brookings Institution analysis of AIs effects on jobs and job losses suggests highly educated urban workers will be most at risk of losing their jobs. Brookings, a D.C.-based
billion knowledgeworkers coming into the workforce in the next 10 years, mostly from emerging economies, while in developed economies there are some 90 million jobs unfilled,” Jamous said. The startup has raised about $24 million to date. Tony’s made money and knows how to build a business.
But it’s reasonable to say that knowledgeworkers in particular devote a sizeable chunk of their workdays to sifting through data, whether to find basic contact info or domain-specific files. According to McKinsey, employees spend 1.8 hours every day — 9.3 ”
So one of the things that’s really interesting about that is you talked about how much money Netflix has to spend on content. Warner Media is going to spend all of AT&T’s money on content. Kind of at the basic level, YouTube doesn’t spend any money on content compared to the amount of content on YouTube.
For example, Procter & Gamble and women’s beauty D2C brand Billie also called off their planned merger last week after the Federal Trade Commission raised objections in December. A sign of the times: This week, enterprise orchestration SaaS platform Gtmhub announced that it raised a $30 million Series B. In December, C3.ai,
Our fund targets two primary themes: B2B vertical SaaS and SaaS-enabled businesses/marketplaces, and broadly what we call knowledgeworker tools — DevOps, cybersecurity and other typically product-led horizontal applications. What is happening in Miami now that you’re most excited to fund?
But today, a startup that is exploring a different route for those interested in technology and knowledgeworker positions — specifically by way of apprenticeships to bring in and train younger people on the job — is announcing a significant round of growth funding to see if it can provide a credible, scalable alternative to that model.
As the world shut down in March 2020, anxious knowledgeworkers barricaded themselves at home, scrubbing produce with soap. But the crisis also prompted cynics to root around for new loopholes to exploit, for ways to raise prices, feign hardship, get a rent reduction, slack off. A lot of money was moving. It was perfect.
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