About HelloFlock
HelloFlock is a company based in San Francisco (United States) founded in 2015 was acquired by Paychex in October 2021.. HelloFlock has raised $5.5 million across 3 funding rounds from investors including Paychex and The Hartford. The company has 22 employees as of March 28, 2024. HelloFlock operates in a competitive market with competitors including Hinge Health, Gusto, Paycor, Practo and Accolade, among others.
- Headquarter San Francisco, United States
- Employees 22 as on 28 Mar, 2024
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Sectors
Financial ServicesTechnology Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flock Software Private Limited
- Date of Incorporation 11 May, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$486.1 K (USD)-11.8as on Mar 31, 2021
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Net Profit
$42.2 K (USD)-1.01as on Mar 31, 2021
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EBITDA
$61.09 K (USD)-11.31as on Mar 31, 2021
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Total Equity Funding
$5.5 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Paychex
& 1 more
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Employee Count
22
as on Mar 28, 2024
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Acquired by
Paychex
(Oct 06, 2021)
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Funding Insights of HelloFlock
HelloFlock has successfully raised a total of $5.5M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(16 Apr 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Debt – Conventional - HelloFlock | Valuation |
investors |
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| Sep, 2017 | Amount | Series A - HelloFlock | Valuation | The Hartford |
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| Apr, 2015 | Amount | Seed - HelloFlock | Valuation |
investors |
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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 HelloFlock
HelloFlock has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Paychex and The Hartford. 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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Insurance, benefits, and mutual funds are provided in financial services.
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Founded Year | Domain | Location | |
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Cloud-based HRMS solutions are delivered for payroll and employee management.
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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
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by HelloFlock
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - HelloFlock
| 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 |
Helloflock Comparisons
Competitors of HelloFlock
HelloFlock 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 Hinge Health, Gusto, Paycor, Practo and Accolade, 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 |
Virtual physical therapy and digital pain care solutions are provided.
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| 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 HRMS platform is provided for small and medium-sized businesses.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are delivered for payroll and employee management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Helloflock
Frequently Asked Questions about HelloFlock
When was HelloFlock founded?
HelloFlock was founded in 2015.
Where is HelloFlock located?
HelloFlock is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is HelloFlock a funded company?
HelloFlock is a funded company, having raised a total of $5.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.02M, raised on Apr 16, 2015.
How many employees does HelloFlock have?
As of Mar 28, 2024, the latest employee count at HelloFlock is 22.
What is the annual revenue of HelloFlock?
Annual revenue of HelloFlock is $486.1K as on Mar 31, 2021.
What does HelloFlock do?
Flock was founded in 2015 in San Francisco, United States, as a SaaS provider in the HR technology sector. A free all-in-one platform is offered to small and mid-sized businesses for managing employee hiring, onboarding, and compliance. Online tools are supplied for benefits administration by businesses and employees. Revenue is derived from leads shared with insurance brokers and agents.
Who are the top competitors of HelloFlock?
HelloFlock's top competitors include Accolade, Hinge Health and Gusto.
Who are HelloFlock's investors?
HelloFlock has 2 investors. Key investors include Paychex, and The Hartford.
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