TribeHR

Kitchener, Canada Founded: 2009 • Age: 17 yrs Acquired By NetSuite
Cloud-based HRMS platform is offered for performance and talent management.
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About TribeHR

TribeHR is a company based in Kitchener (Canada) founded in 2009 was acquired by NetSuite in October 2013.. TribeHR has raised $3.5 million across 3 funding rounds from investors including NetSuite, Accelerator Centre and Relay Ventures. TribeHR operates in a competitive market with competitors including Gusto, Paycor, Paychex, TriNet and Rippling, among others.

  • Headquarter Kitchener, Canada
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.5 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    NetSuite

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    NetSuite

    (Oct 22, 2013)

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Funding Insights of TribeHR

TribeHR has successfully raised a total of $3.5M 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 Rounds 3
  • Last Round
  • First Round

    (27 Jul 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2014 Amount Series A - TribeHR Valuation Accelerator Centre
Aug, 2012 Amount Series A - TribeHR Valuation

investors

Jul, 2011 Amount Seed - TribeHR Valuation

investors

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 TribeHR

TribeHR has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include NetSuite, Accelerator Centre and Relay 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are built and accelerated in a structured studio environment.
Founded Year Domain Location
Early-stage venture capital investments are provided by Relay Ventures.
Founded Year Domain Location
Early-stage ventures are funded by the 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 TribeHR

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 - TribeHR

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

Tribehr Comparisons

Employees
+
Add Comparison
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Competitors of TribeHR

TribeHR 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, Paycor, Paychex, TriNet and Rippling, 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.
domain founded_year HQ Location
Cloud-based HRMS platform is provided for small and medium-sized businesses.
domain founded_year HQ Location
Cloud-based HRMS solutions are delivered for payroll and employee management.
domain founded_year HQ Location
Cloud-based HRMS platform is offered for small and medium businesses.
domain founded_year HQ Location
Cloud-based HR management suite is provided for employee operations.
domain founded_year HQ Location
Cloud-based HR management solutions are offered for payroll and compliance.
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 Tribehr

Frequently Asked Questions about TribeHR

When was TribeHR founded?

TribeHR was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is TribeHR located?

TribeHR is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.

Is TribeHR a funded company?

TribeHR is a funded company, having raised a total of $3.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jul 27, 2011.

What does TribeHR do?

TribeHR was founded in 2009 in Kitchener, Canada, within the HR technology sector. A cloud-based platform for HR management systems is provided, including tools for performance management, talent acquisition, compensation planning, time tracking, applicant tracking, and employee recognition. Social features are incorporated to enhance employee engagement and corporate culture. Integration with existing payroll systems is supported.

Who are the top competitors of TribeHR?

TribeHR's top competitors include Gusto, Rippling and Paycor.

Who are TribeHR's investors?

TribeHR has 4 investors. Key investors include NetSuite, Accelerator Centre, Relay Ventures, and Matrix.

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