PeopleMatter

Charleston, United States Founded: 2009 • Age: 17 yrs Acquired By Fourth
Cloud-based workforce management is offered for service industries.
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About PeopleMatter

PeopleMatter is a company based in Charleston (United States) founded in 2009 was acquired by Fourth in November 2021.. PeopleMatter has raised $59.55 million across 6 funding rounds from investors including Snagajob, SVB and Fourth. PeopleMatter operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.

  • Headquarter Charleston, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $59.55 M (USD)

    in 6 rounds

  • Latest Funding Round
    $16 M (USD), Series E

    Oct 28, 2013

  • Investors
    Snagajob

    & 9 more

  • Employee Count
    Employee Count
  • Acquired by
    Fourth

    & 1 more

    (Nov 11, 2021)

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Funding Insights of PeopleMatter

PeopleMatter has successfully raised a total of $59.55M across 6 strategic funding rounds. The most recent funding activity was a Series E round of $16 million completed in October 2013. 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 Rounds 6
  • Last Round Series E — $16.0M
  • First Round

    (03 Feb 2010)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2013 Amount Series E - PeopleMatter Valuation StarVest Partners
Mar, 2013 Amount Series D - PeopleMatter Valuation Scale Venture Partners
Feb, 2012 Amount Series C - PeopleMatter Valuation Morgenthaler
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PeopleMatter

PeopleMatter has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Snagajob, SVB and Fourth. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Infrastructure, hedge, private equity, and debt fund focused on multiple sectors
Founded Year Domain Location
Early-stage life sciences and tech focused VC firm funding companies in the US
Founded Year Domain Location
Venture capital and private equity investment firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PeopleMatter

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PeopleMatter

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Peoplematter Comparisons

Employees
+
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Competitors of PeopleMatter

PeopleMatter 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.
domain founded_year HQ Location
Hourly workforce schedules and communications are managed via software.
domain founded_year HQ Location
Recruitment and workforce management are offered for hospitality.
domain founded_year HQ Location
Freelance management, payments, and reporting are facilitated by AI software.
domain founded_year HQ Location
SaaS-based workplace management software for offices is delivered.
domain founded_year HQ Location
Cloud-based HCM software is provided for enterprise HR processes.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Peoplematter

Frequently Asked Questions about PeopleMatter

When was PeopleMatter founded?

PeopleMatter was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is PeopleMatter located?

PeopleMatter is headquartered in Charleston, United States. It is registered at Charleston, South Carolina, United States.

Is PeopleMatter a funded company?

PeopleMatter is a funded company, having raised a total of $59.55M across 6 funding rounds to date. The company's 1st funding round was a Series C of $14M, raised on Feb 03, 2010.

What does PeopleMatter do?

A cloud-based workforce management system was established in 2009 in Charleston, United States, targeting service sectors such as restaurants and hotels. Hourly workers are supported through a hire-to-retire platform that includes modules for job applications, online training, shift scheduling, performance tracking, and rewards initiatives. Operations focus on identifying, developing, and engaging employees across these industries.

Who are the top competitors of PeopleMatter?

PeopleMatter's top competitors include WorkJam, Legion and ZingHR.

Who are PeopleMatter's investors?

PeopleMatter has 10 investors. Key investors include Snagajob, SVB, Fourth, Harbert Management, and Croft & Bender.

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