Company:HiBob

From HandWiki
HiBob
TypePrivate
IndustrySoftware
Founded2015; 11 years ago (2015) in Tel Aviv, Israel
Founders
  • Amit Knaani
  • Ronni Zehavi
  • Israel David
  • Andy Bellass
Headquarters
London
,
United Kingdom
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] HiBob has raised several rounds of venture funding, including a US$150 million Series C in 2021 and a US$150 million funding round in 2023 that valued the company at nearly US$2.7 billion.[3][4]The company expanded its platform through the acquisitions of payroll automation company Pento in 2024 and financial planning and analysis platform Mosaic in 2025.

History

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][5] Early funding came from U.S.-based venture capital firms.[6][7]

In 2016, HiBob launched its platform in the United Kingdom.[8] A year later, in 2017, it received $17.5 million in a Series A funding round.[8][9] In 2019, it received additional funding of $20 million.[10][11]

In 2020, HiBob raised $70 million in Series B funding; by late 2020 it had raised approximately US$124 million in venture capital funding.[12][13][14] Following this round, the company expanded hiring in the United States.[15]

HiBob then raised US$150 million in Series C funding in October 2021, followed by another US$150 million Series D round in August 2022.[1] The rounds valued the company at US$1.65 billion and US$2.45 billion, respectively.[3][4] Another US$150 million funding round occurred in September 2023, 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.[16][17][18]

In 2021, HiBob acquired Cassiopeia and subsequently integrated its anonymous reporting tool, Your Voice, into the HiBob platform.[19][20] In 2022, the company acquired Bugle, a Lisbon-based company, and established a research and development center in Portugal.[21]

In November 2022, Time selected HiBob for its annual "200 Best Inventions" list.[22][23] HiBob also appeared on Forbes' Cloud 100 in both 2023 and 2024.[24]

In 2024, HiBob acquired Tiger Global-backed Pento, a payroll automation platform based in London.[25][26][27] In 2025, the company acquired Mosaic, a U.S.-based financial planning and analysis software company that utilizes artificial intelligence in financial management.[28][29]

Platform

Bob is HiBob’s cloud-based HCM and HRIS platform delivered as software-as-a-service.[30] It is aimed at mid-market employers and used to manage multiple human resources functions.[4] Bob supports core HR administration, workforce management, talent and engagement processes, compensation, analytics, payroll, benefits administration, automation, and integrations.[4][30]

The platform also includes tools for hybrid-work scheduling and geographically distributed teams.[22][31] Following HiBob’s acquisition of Pento, Bob expanded its payroll automation capabilities.[26][32] The acquisition of Mosaic added financial-planning functionality, including tools for connecting HR data with budget modeling and workforce cost planning.[33]

AI-assisted reporting, including natural-language report generation was later integrated into the platform.[34][35]

References

  1. ↑ 1.0 1.1 1.2 Dor, Ofir (December 10, 2021). "HR management co Hibob raises $150m at $1.65b valuation". https://en.globes.co.il/en/article-hr-management-co-hibob-raises-150m-at-165b-valuation-1001387014. 
  2. ↑ "HiBob profile". https://www.forbes.com/companies/hibob/. 
  3. ↑ 3.0 3.1 Lunden, Ingrid (October 13, 2021). "HR platform Hibob raises $150M at a $1.65B valuation". https://techcrunch.com/2021/10/13/hr-platform-hibob-raises-150m-at-a-1-65b-valuation/. 
  4. ↑ 4.0 4.1 4.2 4.3 Sawers, Paul (August 17, 2022). "HR startup HiBob's valuation surges to $2.45B on $150M raise". https://techcrunch.com/2022/08/17/hr-startup-hibobs-valuation-surges-50-to-2-45b-on-a-150m-raise/. 
  5. ↑ Orbach, Meir (February 6, 2025). "Unicorn HiBob awards stock options to reservist employees who served in the war". https://www.calcalistech.com/ctechnews/article/rkaehmmyyx. 
  6. ↑ Hurley, James (August 1, 2016). "‘Staff need to feel that a pension is their money’". https://www.thetimes.com/business-money/money/article/staff-need-to-feel-that-a-pension-is-their-money-b59xqc7b0. 
  7. ↑ Nimmo, Jamie (April 25, 2017). "Start-up HiBob raises another £14 million for HR platform". https://www.standard.co.uk/business/startup-hibob-raises-another-ps14-million-for-hr-platform-a3523051.html. 
  8. ↑ 8.0 8.1 Rath, Julien. "HR startup hibob raised $17.5 million to expand its operations globally" (in en-US). https://www.businessinsider.com/hr-startup-hibob-raised-175-million-to-expand-its-operations-globally-2017-4. 
  9. ↑ Sawers, Paul (April 25, 2017). "London-based Hibob raises $17.5 million to expand its HR platform into the U.S. and other markets". https://venturebeat.com/entrepreneur/hibob-raises-17-5-million/. 
  10. ↑ "Israeli HR tech firm Hibob raises $20 million". 2019-03-13. https://www.reuters.com/article/technology/israeli-hr-tech-firm-hibob-raises-20-million-idUSKBN1QU1V4/. 
  11. ↑ Wiggers, Kyle (March 13, 2019). "Hibob raises $20 million to modernize HR with digital tools". https://venturebeat.com/ai/hibob-raises-20-million-to-modernize-hr-with-digital-tools/. 
  12. ↑ Miller, Ben (December 10, 2020). "Hibob, an HR technology company, has raised $70 million". https://www.bizjournals.com/newyork/news/2020/12/10/tribeca-based-human-resources-software-firm-raises.html. 
  13. ↑ Sawers, Paul (December 10, 2020). "Hibob raises $70 million to expand its data-driven HR platform to more markets". https://venturebeat.com/business/hibob-raises-70-million-to-expand-its-data-driven-hr-platform-to-more-markets/. 
  14. ↑ Lunden, Ingrid (December 10, 2020). "Hibob raises $70M for its new take on human resources". https://techcrunch.com/2020/12/10/hibob-raises-70m-on-a-500m-valuation-for-its-new-take-on-hr/. 
  15. ↑ Glover, Ellen (2020-12-10). "Hibob Raises $70M to Reimagine HR Tech Amid Remote Work Boom | Built In NYC" (in en). https://www.builtinnyc.com/articles/hibob-raises-70m-hiring. 
  16. ↑ Auerbach, Meir (September 19, 2023). "חברת HiBob גייסה 150 מיליון דולר לפי שווי של 2.7 מיליארד דולר: "מוכנים להנפקה" | כלכליסט". https://www.calcalist.co.il/calcalistech/article/hkspd68ka. 
  17. ↑ "Israeli human resources company HiBob secures $150 mil. in extra funding". September 22, 2023. https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-760127. 
  18. ↑ Parmar, Hema (September 19, 2023). "Hedge Fund Farallon Leads Funding Round Valuing HiBob at $2.7 Billion". https://www.bloomberg.com/news/articles/2023-09-19/hedge-fund-farallon-leads-funding-round-valuing-hibob-at-2-7-billion. 
  19. ↑ Tabanao, Ada (May 3, 2023). "HiBob Review". https://www.hcamag.com/us/hr-software-reviews/hibob-review/444700. 
  20. ↑ Prokopeak, Mike (June 9, 2021). "HR Platform Hibob Acquires Cassiopeia to Support Remote and Hybrid Work". https://www.cmswire.com/digital-workplace/hr-platform-hibob-acquires-cassiopeia-to-support-remote-and-hybrid-work/. 
  21. ↑ Orbach, Meir (September 15, 2022). "HiBob acquires Portuguese company Bugle, sets up R&D center in Lisbon". https://www.calcalistech.com/ctechnews/article/sydtsqezs. 
  22. ↑ 22.0 22.1 Withers, Ali (November 10, 2022). "HiBob: The 200 Best Inventions of 2022". https://time.com/collection/best-inventions-2022/6227290/hibob/. 
  23. ↑ Leichman, Abigail Klein (January 19, 2023). "5 Israeli technologies named TIME best inventions 2022". https://www.israel21c.org/5-israeli-technologies-named-time-best-inventions-2022/. 
  24. ↑ Cai, Kenrick; Konrad, Alex. "Forbes Cloud 100 2024 List". https://www.forbes.com/lists/cloud100/. 
  25. ↑ Orbach, Meir (February 13, 2024). "HR unicorn HiBob acquiring British payroll platform Pento for $40 million". https://www.calcalistech.com/ctechnews/article/bjuv8odo6. 
  26. ↑ 26.0 26.1 Burroughs, Callum (February 13, 2024). "HiBob, a $2.7-billion HR unicorn, is acquiring Tiger Global-backed payroll startup Pento". https://www.businessinsider.com/hr-unicorn-hibob-acquires-uk-payroll-startup-pento-tech-boom-2024-2. 
  27. ↑ Taylor, Dan (February 13, 2024). "Tiger Global-backed Pento acquired by Israeli HR platform HiBob". https://tech.eu/2024/02/13/tiger-global-backed-pento-acquired-by-israeli-hr-platform-hibob/. 
  28. ↑ Orbach, Meir (February 13, 2025). "HiBob acquires Mosaic for $35 million to merge HR and financial planning". https://www.calcalistech.com/ctechnews/article/ryvodwoyjl. 
  29. ↑ Pathe, Tyler (February 17, 2025). "HiBob acquires US fintech Mosaic to integrate AI-powered financial management into HR platform". https://www.fintechfutures.com/m-a/hibob-acquires-us-fintech-mosaic-to-integrate-ai-powered-financial-management-into-hr-platform. 
  30. ↑ 30.0 30.1 McQuarrie, Kylie (March 27, 2024). "Bob Review". https://www.techrepublic.com/article/bob-review/. 
  31. ↑ Hurley, James (June 4, 2023). "Hybrid working to ‘stay with us for ever’". https://www.thetimes.com/business-money/entrepreneurs/article/hybrid-working-to-stay-with-us-for-ever-5wtp70c9n. 
  32. ↑ Bucholz, Lucy (2024-02-14). "HiBob CEO says Pento acquisition is ‘significant’ payroll services expansion" (in en-US). https://www.unleash.ai/artificial-intelligence/hibob-ceo-says-40m-pento-acquisition-is-significant-payroll-services-expansion/. 
  33. ↑ Jennings, Mike (2026-04-20). "HiBob HR software review" (in en). https://www.techradar.com/pro/hibob-hr-software-review. 
  34. ↑ Harris, Stacey; Seals, Kim (2025-12-19). "Beyond the buzz: Inside AI-enabled HR functions" (in en-US). https://hrexecutive.com/beyond-the-buzz-inside-ai-enabled-hr-functions/. 
  35. ↑ Rice, David (2026-04-20). "HiBob AI Features: From Employee Self-Service to Org-Wide Governance" (in en-US). https://peoplemanagingpeople.com/global-hr/hibob-ai-features-from-employee-self-service-to-org-wide-governance/. 



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