UKG Makes a Big Acquisition
Big news coming out of the world of employee engagement: HCM power brand UKG acquired the global people analytics and consulting firm Great Place to Work Institute. The Institute is best known for its Fortune magazine Best Workplaces list.
UKG plans to embed elements of Great Place to Work insights into their solutions throughout the next several years and will provide UKG customers with access to Great Place to Work assessments and benchmarks, allowing organizations to compare themselves with peers of similar size, industry, and geography.
Funding and Acquisitions
Checkr raises $250 million. With the round, the San Francisco-based platform for employment background checks reaches a $4.6 billion valuation, double its valuation from earlier this year. (Bloomberg)
Whoop raises $200 million in Series F. With the round, the Boston-based human performance company hits a $3.6 billion valuation. Although B2C is its primary focus, it is increasing its focus on the employer market. (FinSMEs)
Factorial raises $80 million. The Spanish HCM for SMB platform plans Latin American expansion. (TechCrunch)
Origin raises $56 million in Series B. The SF-based employee financial wellness platform personalizes money management advice with real-life financial planners and customized financial literacy workshops. (FinSMEs)
Harri announces $30 million in growth financing. The NYC-based employee experience platform is designed for the unique needs of the service industry. (Press Release)
PayEm comes out of stealth with $27 million Series A. The Israeli startup is an expense report and procurement platform for high-growth and multinational organizations. (TechCrunch)
Mooncard raises €20 million. The French startup offers a smart corporate card and an expense report management solution. (FinSMEs)
Zeal raises $13 million Series A. The SF-based startup is an API-first payroll infrastructure provider. (FinSMEs)
Spinach raises $2.75 million in pre-seed funding. The Atlanta-based Zoom partner is an app for distributed teams. (FinSMEs)
