About Humanforce
Humanforce is a company based in Melbourne (Australia) founded in 2009 was acquired by Humanforce in September 2022. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Humanforce has raised $6.2 million across 2 funding rounds from investors including Humanforce, Perennial Partners and AirTree. Humanforce offers products and services including Workforce Management, HR, Payroll, Benefits, and Talent. Humanforce operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
- Headquarter Melbourne, Australia
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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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- 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
$6.2 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series B
Jun 11, 2021
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Investors
Humanforce
& 2 more
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Employee Count
Employee Count
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Acquired by
Humanforce
(Sep 28, 2022)
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Products & Services of Humanforce
Humanforce offers a comprehensive portfolio of products and services, including Workforce Management, HR, Payroll, Benefits, and Talent. 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.
Solutions for scheduling and compliance are provided efficiently.
Core HR and analytics tools are offered comprehensively.
Automated and compliant payroll systems are delivered securely.
Employee benefits and wellbeing programs are managed effectively.
Talent acquisition and hiring workflows are streamlined efficiently.
Funding Insights of Humanforce
Humanforce has successfully raised a total of $6.2M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in June 2021. 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 Series B — $5.0M
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First Round
First Round
(14 Jul 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series B - Humanforce | Valuation | Perennial | |
| Jul, 2015 | Amount | Seed - Humanforce | Valuation |
investors |
| 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 Humanforce
Humanforce has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Humanforce, Perennial Partners and AirTree. 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 directed toward early-stage tech startups by AirTree.
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Founded Year | Domain | Location | |
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Diversified asset management services are provided in Australia.
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Founded Year | Domain | Location | |
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Cloud-based HRMS suite for workforce management tools is offered.
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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
| 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 - 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 Legion, WorkJam, Harri, Work Market and Eden Workplace, 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 |
Workforce management solutions are provided through intelligent automation technology.
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| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
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| domain | founded_year | HQ Location |
Recruitment and workforce management are offered for hospitality.
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| domain | founded_year | HQ Location |
Freelance management, payments, and reporting are facilitated by AI software.
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| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
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| domain | founded_year | HQ Location |
Cloud-based HCM software is provided for enterprise HR processes.
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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 2009 and raised its 1st funding round 6 years after it was founded.
Where is Humanforce located?
Humanforce is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Is Humanforce a funded company?
Humanforce is a funded company, having raised a total of $6.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Jul 14, 2015.
What does Humanforce do?
Humanforce is engaged in delivering a comprehensive human capital management suite tailored for frontline and flexible workforces. Solutions are provided across workforce management, HR, payroll, benefits, and talent acquisition. Industries such as hospitality, aged care, retail, and healthcare are served with configurable and automated tools. Compliance, employee engagement, and data-driven analytics are emphasized to optimize labor costs and enhance workforce productivity. Global operations are supported with offices in multiple countries.
Who are the top competitors of Humanforce?
What products or services does Humanforce offer?
Humanforce offers Workforce Management, HR, Payroll, Benefits, and Talent.
Who are Humanforce's investors?
Humanforce has 3 investors. Key investors include Humanforce, Perennial Partners, and AirTree.
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