About Humanforce
Humanforce is a company based in Sydney (Australia) founded in 2002.. Humanforce has raised $16.1 million across 2 funding rounds from investors including Accel-KKR. Humanforce has completed 4 acquisitions, including Humanforce, IntelliHR and LiveHire. Humanforce offers products and services including Workforce Management, HR Suite, Payroll System, Talent Acquisition, and Benefits Platform. Humanforce operates in a competitive market with competitors including Workday, Kronos, Darwinbox, People Strong and Paylocity, among others.
- Headquarter Sydney, Australia
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Humanforce Holdings Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.1 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Humanforce
& 3 more
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Products & Services of Humanforce
Humanforce offers a comprehensive portfolio of products and services, including Workforce Management, HR Suite, Payroll System, Talent Acquisition, and Benefits Platform. 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.
Platform for scheduling and attendance to optimize labor costs
Tools for engagement and performance tracking in organizations
Automated payroll processing with compliance features for businesses
System for hiring and building talent pools efficiently
Manages employee benefits and financial wellness programs
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Software Development Team
20 people
Senior Team
15 people
Product Management Team
9 people
Sales and Marketing
8 people
Account Team
5 people
Finance and Accounting
4 people
Human Resources and Administration
3 people
Leadership Team
3 people
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Funding Insights of Humanforce
Humanforce has successfully raised a total of $16.1M across 2 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 2
- Last Round Last Round
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First Round
First Round
(29 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Series B - Humanforce | Valuation |
investors |
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| Jan, 2019 | Amount | Series A - Humanforce | Valuation | Accel-KKR |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Humanforce
Humanforce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accel-KKR. 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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Investments are focused on mid-market software and technology-enabled services firms.
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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 Humanforce
Humanforce has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Humanforce, IntelliHR and LiveHire. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Financial benefits platform for on-demand pay is provided to employees.
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2018 | ||||
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Cloud-based HR management solutions are delivered with real-time analytics.
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2013 | ||||
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Cloud-based database of pre-assessed candidates is maintained for talent sourcing.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Humanforce
| 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 |
Humanforce Comparisons
Competitors of Humanforce
Humanforce 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 Workday, Kronos, Darwinbox, People Strong and Paylocity, 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 |
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| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Human capital management platform is provided for HR process automation.
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is provided for enterprises.
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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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Latest news on Humanforce
Frequently Asked Questions about Humanforce
When was Humanforce founded?
Humanforce was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Where is Humanforce located?
Humanforce is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Humanforce a funded company?
Humanforce is a funded company, having raised a total of $16.1M across 2 funding rounds to date. The company's 1st funding round was a Series A of $16.1M, raised on Jan 29, 2019.
What does Humanforce do?
Humanforce was founded in 2002 and is headquartered in Sydney, Australia. A cloud-based platform is provided for human resource management systems, including biometrics-based time and attendance tracking, rostering, absence management, self-service portals for employees and managers, timesheet payroll processing, KPI performance evaluation, and compliance tools. Services are extended to sectors such as aged care, child care, retail, hospitality, mining, logistics, stadia, and local government.
Who are the top competitors of Humanforce?
Humanforce's top competitors include Workday, SuccessFactors and WorkJam.
What products or services does Humanforce offer?
Humanforce offers Workforce Management, HR Suite, Payroll System, Talent Acquisition, and Benefits Platform.
How many acquisitions has Humanforce made?
Humanforce has made 4 acquisitions, including Humanforce, IntelliHR, and LiveHire.
Who are Humanforce's investors?
Humanforce has 1 investor. Key investors include Accel-KKR.
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