202216 Feb

London tech startup soars to unicorn status in multi-million pound funding round

Summary

Employment Hero, an all-in-one HR, payroll and benefits platform, announced it has closed a £96m funding round, led by return investor SEEK Investments with participation from OneVentures, AirTree Ventures and other shareholders. This news comes on the heels of Employment Hero’s acquisition of workforce management and payroll solution, KeyPay. It’s incredibly exciting and we have a lot of work ahead to continue to make employment easier and more valuable, for everyone.” Phil Bernie, MD at KeyPay, commented: “We’re excited to become part of the Employment Hero team whilst maintaining our independence as a brand. It opens up incredible opportunities for KeyPay’s staff, customers and partners by adding greater capability and capacity to all areas of the business. “Joining a company that is aligned on culture, core values and a drive to deliver the best customer experience is an extremely motivating way to kick-start KeyPay’s next chapter.” Looking to promote your product/service to SME businesses in your region?

Source: Bdaily

Funding

$130.18M
Amount
Feb 16 2022
Date
-
Investor
Employment Hero
Company

Classifications

Companies