ThinkHR racks up $67.5 mln from Guidepost Growth Equity
Summary
The investment will accelerate innovation and adoption of the company’s unique HR knowledge platform, which currently serves more than 125,000 employers and 850 business partners, including seven of the 10 largest insurance brokers, as well as top payroll providers, HR technology providers, and professional employer organizations (PEOs).“ThinkHR boasts an impressive leadership team, a compelling vision for the market, an innovative product set and roadmap, and exceptional customer retention rates,” said Roshen Menon, managing partner at Guidepost Growth Equity.For example, employee handbooks and a variety of compliance documents can be easily created by HR professionals using ThinkHR’s tools, as well as available white-glove consulting services.“By combining expert human support with innovative cloud-based tools, we’re creating a new category that fills an important gap for employers, brokers, and HCM partners.ThinkHR serves more than 125,000 employers and 850 business partners, including top insurance, payroll and HR technology providers.
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