EmployStream Raises $7 Million in Series B Funding for Onboarding Software

Funding Rounds

▤ Summary

EmployStream will use the capital to expand product development, increase its footprint in the staffing industry and drive innovation of ideas inspired by its rapidly growing customer base. We offer the most complete solution in these areas and plan to significantly expand our platform with this new capital," said Gerald Hetrick, Chief Executive Officer of EmployStream. EmployStream was built to automate and simplify critical touch points throughout the hiring process, eliminating costly mistakes and delays. With over 100 years of combined investing experience, Plymouth takes a flexible approach to partnering with management teams, helping to drive growth, build value and realize the full potential. Based in Ann Arbor, Michigan, Plymouth Growth Partners has over $140 million under management and is actively investing out of its fourth fund.

$ Funding

$
Amount $7.0M Total raised
□
Date February 10, 2020 Announcement date
◎
Investors North Coast Angel Fund, Plymouth Growth, Plymouth Ventures, Rev1 Ventures Lead investors
▥
Company www.employstream.com Funded company

▥ Classifications

industries
HealthTech
applications
Human Resources

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies

EmployStream
$1M to $5M