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Bambee Secures $15M Series B Funding

2020-12-17
LOS ANGELES, CA, Bambee today announced a $15 million dollar series B round, bringing its total funding to $32 million.
Bambee, an HR offering tailored for small and medium-sized businesses that makes hiring an HR manager affordable for every company, today announced a $15 million dollar series-B round, bringing its total funding to $32 million. The funding will be used to expand Bambee's service offerings and its ability to reach millions of small businesses. The latest round was led by QED Investors, with participation from Alpha Edison and Mucker Capital.

Bambee was founded in 2016 by Allan Jones, the former CMO of ZipRecruiter and Head of Product at Docstoc (acquired by Intuit), and has been at the forefront of solving the HR problem for small businesses since its inception. The company focuses on supporting small businesses, by giving each Bambee client its own dedicated HR manager. The HR Manager helps each company navigate the complex regulatory world of compliance, HR policy, employee relations, and HR strategy -- including internal investigations, hires, furloughs, and return to work procedures.
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