About Collage HR
Collage HR is a company based in Toronto (Canada) founded in 2016 was acquired by People Corporation in November 2019. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Collage HR has raised $3.8 million across 1 funding round from investors including People Corporation and Diagram Ventures. The company has 39 employees as of December 31, 2024. Collage HR offers products and services including HRIS, Payroll Software, Applicant Tracking System, and Benefits Administration. Collage HR operates in a competitive market with competitors including Gusto, ADP, Paycor, Paychex and TriNet, among others.
- Headquarter Toronto, Canada
- Employees 39 as on 31 Dec, 2024
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.8 M (USD)
in 1 rounds
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Latest Funding Round
$3.8 M (USD), Seed
Jan 24, 2017
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Investors
People Corporation
& 1 more
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Employee Count
39
as on Dec 31, 2024
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Acquired by
People Corporation
(Nov 05, 2019)
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Products & Services of Collage HR
Collage HR offers a comprehensive portfolio of products and services, including HRIS, Payroll Software, Applicant Tracking System, and Benefits Administration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
HR processes are managed in one centralized platform.
Payroll runs are streamlined with timesheet integration.
Recruiting is simplified with AI-enabled hiring tools.
Benefits data is synced with carrier systems.
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Funding Insights of Collage HR
Collage HR has successfully raised a total of $3.8M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.8 million completed in January 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $3.8M
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First Round
First Round
(24 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Seed - Collage HR | Valuation | Diagram Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Collage HR
Collage HR has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include People Corporation and Diagram Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments in insurance, financial services, and healthcare are targeted.
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Founded Year | Domain | Location | |
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Group benefits, retirement, and human resource services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Collage HR
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Collage HR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Collage Hr Comparisons
Competitors of Collage HR
Collage HR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, ADP, Paycor, Paychex and TriNet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is provided for small and medium-sized businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are delivered for payroll and employee management.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium-sized businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Collage HR
When was Collage HR founded?
Collage HR was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Collage HR located?
Collage HR is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Collage HR a funded company?
Collage HR is a funded company, having raised a total of $3.8M across 1 funding round to date. The company's 1st funding round was a Seed of $3.8M, raised on Jan 24, 2017.
How many employees does Collage HR have?
As of Dec 31, 2024, the latest employee count at Collage HR is 39.
What does Collage HR do?
Collage HR is operated as a leading HR and payroll software provider tailored for Canadian businesses. Comprehensive HR processes are managed through an all-in-one HRIS platform that centralizes employee data and automates workflows. Payroll operations are streamlined with integrated timesheets and time-off tracking. Recruitment is supported by an AI-enabled applicant tracking system, while onboarding and performance management tools enhance employee engagement. Benefits administration is facilitated through sync with third-party providers. The platform serves thousands of Canadian companies across various sectors, focusing on intuitive solutions and HR guidance.
Who are the top competitors of Collage HR?
What products or services does Collage HR offer?
Collage HR offers HRIS, Payroll Software, Applicant Tracking System, and Benefits Administration.
Who are Collage HR's investors?
Collage HR has 2 investors. Key investors include People Corporation, and Diagram Ventures.
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