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HiBob

From Wikipedia, the free encyclopedia
HiBob
TypePrivate
IndustrySoftware
Founded2015; 11 years ago (2015) in Tel Aviv, Israel
Founders
  • Amit Knaani
  • Ronni Zehavi
  • Israel David
  • Andy Bellass
Headquarters,
Area served
Worldwide
ProductsBob
Services
  • HCM software
  • HRIS platform
  • Core HR tools
Websitehibob.com

HiBob is a human resources software company that develops Bob, a cloud-based human capital management platform. The company was founded in Tel Aviv in 2015 by Amit Knaani, Ronni Zehavi, Israel David, and Andy Bellass, and is headquartered in London.[1][2]

The company has raised approximately US $760 million to date, and as of 2026, it employs some 1,500 people globally.[3]

Business and History

[edit]

HiBob was founded in 2015 in Tel Aviv by Amit Knaani, Ronni Zehavi, Israel David, and Andy Bellass to develop human resources software intended for internationally distributed workforces.[1][4]

In 2016, HiBob launched its platform in the United Kingdom.[5]

Platform

[edit]

Bob is HiBob’s cloud-based HCM and HRIS platform delivered as software-as-a-service.[6] It is aimed at mid-market employers and used to manage multiple human resources functions.[7] Bob supports core HR administration, workforce management, talent and engagement processes, compensation, analytics, payroll, benefits administration, automation, and integrations.[7][6]

The platform also includes tools for hybrid-work scheduling and geographically distributed teams.[8][9] Following HiBob’s acquisition of Pento, Bob expanded its payroll automation capabilities.[10][11] The acquisition of Mosaic added financial-planning functionality, including tools for connecting HR data with budget modeling and workforce cost planning.[12]

AI-assisted reporting, including natural-language report generation was later integrated into the platform.[13][14]

Funding

[edit]

Early funding came from U.S.-based venture capital firms.[15][16]

In 2017 it raised a $17.5 million in a Series A funding round with participation from Battery Ventures, Eight Roads Ventures, Arbor Ventures and Bessemer Venture Partners.[5][17] In 2019, it received additional funding of $20 million from existing investors.[18][19]

In 2020, HiBob raised $70 million in Series B funding, led by Seek and Israel Growth Partners; by late 2020 it had raised approximately US$124 million in venture capital funding.[20][21][22] Following this round, the company expanded hiring in the United States.[23]

In October 2021 HiBob raised US $150 million in Series C funding, led by General Atlantic.[24][1] This was followed by another capital raise in August 2022 of US $150 million. These rounds valued the company at US$1.65 billion and US$2.45 billion, respectively.[25][7]

In September 2023 another US $150 million funding round occurred, led by Farallon Capital and Alpha Wave Global, raising HiBob's valuation to nearly US$2.7 billion and bringing total funding to approximately US$574 million.[26][27][28]

In September 2026, HiBob announced a $166 million round led by Salesforce, at a $3.2 billion valuation.[29][30]

Mergers and Acquisitions

[edit]

In 2021, HiBob acquired Cassiopeia and subsequently integrated its anonymous reporting tool, Your Voice, into the HiBob platform.[31][32]

In 2022, the company acquired Bugle, a Lisbon-based company, and established a research and development center in Portugal.[33]

In 2024, HiBob acquired Tiger Global-backed Pento, a payroll automation platform based in London.[34][10][35]

In 2025, the company acquired Mosaic, a U.S.-based financial planning and analysis software company that utilizes artificial intelligence in financial management.[36][37]

Recognition

[edit]

In November 2022, Time selected HiBob for its annual "200 Best Inventions" list.[8][38]

HiBob also appeared on Forbes' Cloud 100 in both 2023 and 2024.[39]

References

[edit]
  1. 1 2 3 Dor, Ofir (December 10, 2021). "HR management co Hibob raises $150m at $1.65b valuation" – via Globes.
  2. ↑ "HiBob profile". Forbes.
  3. ↑ "HiBob 2026 Company Profile: Valuation, Funding & Investors | PitchBook". pitchbook.com. Retrieved 2026-06-05.
  4. ↑ Orbach, Meir (February 6, 2025). "Unicorn HiBob awards stock options to reservist employees who served in the war". Calcalist. Archived from the original on 2025-02-18.
  5. 1 2 Rath, Julien. "HR startup hibob raised $17.5 million to expand its operations globally". Business Insider. Retrieved 2026-05-25.
  6. 1 2 McQuarrie, Kylie (March 27, 2024). "Bob Review". TechRepublic.
  7. 1 2 3 Sawers, Paul (August 17, 2022). "HR startup HiBob's valuation surges to $2.45B on $150M raise". TechCrunch.
  8. 1 2 Withers, Ali (November 10, 2022). "HiBob: The 200 Best Inventions of 2022". Time.
  9. ↑ Hurley, James (June 4, 2023). "Hybrid working to 'stay with us for ever'". The Times.
  10. 1 2 Burroughs, Callum (February 13, 2024). "HiBob, a $2.7-billion HR unicorn, is acquiring Tiger Global-backed payroll startup Pento". Business Insider.
  11. ↑ Bucholz, Lucy (2024-02-14). "HiBob CEO says Pento acquisition is 'significant' payroll services expansion". UNLEASH.
  12. ↑ Jennings, Mike (2026-04-20). "HiBob HR software review". TechRadar. Retrieved 2026-05-25.
  13. ↑ Harris, Stacey; Seals, Kim (2025-12-19). "Beyond the buzz: Inside AI-enabled HR functions". HR Executive. Retrieved 2026-05-25.
  14. ↑ Rice, David (2026-04-20). "HiBob AI Features: From Employee Self-Service to Org-Wide Governance". People Managing People. Retrieved 2026-05-25.
  15. ↑ Hurley, James (August 1, 2016). "'Staff need to feel that a pension is their money'". The Times.
  16. ↑ Nimmo, Jamie (April 25, 2017). "Start-up HiBob raises another £14 million for HR platform". Evening Standard.
  17. ↑ Sawers, Paul (April 25, 2017). "London-based Hibob raises $17.5 million to expand its HR platform into the U.S. and other markets". VentureBeat.
  18. ↑ "Israeli HR tech firm Hibob raises $20 million". Reuters. 2019-03-13.
  19. ↑ Wiggers, Kyle (March 13, 2019). "Hibob raises $20 million to modernize HR with digital tools". VentureBeat.
  20. ↑ Miller, Ben (December 10, 2020). "Hibob, an HR technology company, has raised $70 million". New York Business Journal.
  21. ↑ Sawers, Paul (December 10, 2020). "Hibob raises $70 million to expand its data-driven HR platform to more markets". VentureBeat.
  22. ↑ Lunden, Ingrid (December 10, 2020). "Hibob raises $70M for its new take on human resources". TechCrunch.
  23. ↑ Glover, Ellen (2020-12-10). "Hibob Raises $70M to Reimagine HR Tech Amid Remote Work Boom | Built In NYC". Built In NYC. Retrieved 2026-05-25.
  24. ↑ Hibob. "Hibob Secures $150M Series C Funding Led by General Atlantic to Help Midsize Businesses Modernize HR in the Evolving World of Work". www.prnewswire.com. Retrieved 2026-06-07.
  25. ↑ Lunden, Ingrid (October 13, 2021). "HR platform Hibob raises $150M at a $1.65B valuation". TechCrunch.
  26. ↑ Auerbach, Meir (September 19, 2023). "חברת HiBob גייסה 150 מיליון דולר לפי שווי של 2.7 מיליארד דולר: "מוכנים להנפקה" | כלכליסט" [HiBob raises $150 million at $2.7 billion valuation]. Calcalist.
  27. ↑ "Israeli human resources company HiBob secures $150 mil. in extra funding". The Jerusalem Post. September 22, 2023.
  28. ↑ Parmar, Hema (September 19, 2023). "Hedge Fund Farallon Leads Funding Round Valuing HiBob at $2.7 Billion". Bloomberg.
  29. ↑ Orbach, Meir (2026-09-01). "Salesforce leads $166 million investment in HiBob, valuing Israeli HR tech company at $3.2 billion". ctech. Retrieved 2026-09-02.
  30. ↑ "Israeli HR platform co HiBob raises $166m". Globes. 2026-01-09. Retrieved 2026-09-02.
  31. ↑ Tabanao, Ada (May 3, 2023). "HiBob Review". HRD.
  32. ↑ Prokopeak, Mike (June 9, 2021). "HR Platform Hibob Acquires Cassiopeia to Support Remote and Hybrid Work". CMSWire.
  33. ↑ Orbach, Meir (September 15, 2022). "HiBob acquires Portuguese company Bugle, sets up R&D center in Lisbon". Calcalist.
  34. ↑ Orbach, Meir (February 13, 2024). "HR unicorn HiBob acquiring British payroll platform Pento for $40 million". Calcalist.
  35. ↑ Taylor, Dan (February 13, 2024). "Tiger Global-backed Pento acquired by Israeli HR platform HiBob". Tech.eu.
  36. ↑ Orbach, Meir (February 13, 2025). "HiBob acquires Mosaic for $35 million to merge HR and financial planning". Calcalist.
  37. ↑ Pathe, Tyler (February 17, 2025). "HiBob acquires US fintech Mosaic to integrate AI-powered financial management into HR platform". FintechFutures.
  38. ↑ Leichman, Abigail Klein (January 19, 2023). "5 Israeli technologies named TIME best inventions 2022". ISRAEL21c.
  39. ↑ Cai, Kenrick; Konrad, Alex. "Forbes Cloud 100 2024 List". Forbes.