Hourly.io Gets $27 Million

hr tech funding news
Read Time37 Second

 Hourly.io — which has built an app that tracks working hours, generates payroll, and then calculates and assigns workers compensation insurance to individuals based on that — has closed in on $27 million in funding.

Hourly.io is based out of the U.S. — Palo Alto to be exact — but it has strong Israeli roots in the form of co-founders Israel transplants Tom Sagi and Shay Litvak, and that is following through also in the VCs backing it. Glilot Capital Partners is leading the round, with S Capital (an Israeli fund headed by former partners of Sequoia), Vintage Investment Partners and J-Ventures also participating. S Capital also led Hourly’s $7.2 million seed round in 2019.

Full story on TechCrunch

About Post Author

HR Tech Guy

Let's just say I'm an HR tech news junkie. HR techies unite!


»Boost Your Employer Brand with Cliquify

»HR Talent for Hire

»Webinars for Recruiters

»Free Rejection Email Templates

»HR Podcast Directory

»Recruiting Newsletters

»RecTech PR

»Recruiting Ebooks

»Career Site Software