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Industries
Consulting
Enterprise Software
Company Size
1,001-5,000
Company Stage
Series D
Total Funding
$183.8M
Headquarters
San Francisco, California
Founded
2014
Homebase is a digital platform that helps businesses with hourly workers manage their operations. It offers tools for time tracking, employee scheduling, payroll processing, and messaging, allowing businesses to track hours and manage schedules easily. The payroll service automates paycheck calculations and tax filings, while the messaging feature facilitates communication between managers and employees. Homebase aims to simplify workforce management for small businesses, making their operations more efficient.
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Total Funding
$183.8M
Meets
Industry Average
Funded Over
6 Rounds
Industry standards
Stock options
Comprehensive insurance plans
401(k) with 4% company match
Remote, hybrid, and in-office work options
Top-of-the-line equipment and home office
Annual holidays and accrued PTO
Fun company activities
Lightspeed Commerce Inc., the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, today announced an enhanced integration with Homebase, the all-in-one HR and team management solution for small businesses.
Team management app Homebase welcomes $60M Series D to give smbs 'superpowers'
While there are countless tech companies that make HR technology for small and mid-sized businesses, much of it is geared toward “professionals who sit at desks in some capacity,” insists Homebase founder and CEO John Waldmann.Homebase is HR software that targets the two-thirds of the American SMB workforce with hourly jobs that require them to be onsight.After nabbing over 100,000 small businesses as customers, covering over 2 million employees, Homebase recently closed on $60 million in Series D financing. L Catterton Growth led the round and was joined by Emerson Collective. The round also includes existing investors, Notable Capital, Bain Capital Ventures, Khosla Ventures, Cowboy Ventures and PLUS Capital.Homebase offers payroll, shift scheduling, timesheets, hiring and onboarding, communication and HR compliance.“It’s really hard to raise capital now, and the fact that they raised with a top private equity firm like L Catterton Growth says a lot about the team and performance,” said. Jeff Richards, investor and managing partner at Notable Capital (formerly GGV Capital).“Hourly workers have a lot of the same desires for flexibility and certainty, but it shows up in entirely different ways, and that’s been our core mission,” Waldmann said.Richards agrees. He said that SMB tech for frontline or hourly workers doesn’t get nearly the attention it deserves despite the fact that it may affect over 55% of the workforce. He also said that artificial intelligence will be a major enabler of small businesses, and companies like Homebase will enable them to “build amazing businesses.”Despite the founder’s and investor’s enthusiasm, Homebase isn’t alone in serving this hourly worker market
Payanywhere, for instance, has partnered with the employee management platform Homebase to empower business owners with information on product and employee performance on top of payroll capabilities.
Leading hourly team management app invests in Canadian tech talent, doubling its local workforce (+104%) in the past year against a backdrop of volatility in the technology landscape.Company adds Canadian leaders to its Executive Office, including Chief Marketing Officer, Candy Lee, and Chief Technology Officer, Oliver Fisher, who together bring strategic expertise from Shopify, HelloFresh Canada and FreshBooks.Further strengthening product development capabilities, Homebase also welcomes VPs of Engineering Andrea Corey and Alamelu Radhakrishnan, bringing product development expertise from Freshbooks, Loblaw Digital and Shopify.Homebase also opened its first-ever Canadian outpost this month, with an 8,000 sq. ft. office located in downtown Toronto.TORONTO, Sept. 14, 2023 /CNW/ -- Homebase , the all-in-one team management app that helps more than 100,000 local small businesses manage their hourly teams, makes big waves by investing in the Canadian technology industry. In the past year, the company has more than doubled its full-time workforce in Canada (+104%) and opened its first-ever office in downtown Toronto.Homebase logo (PRNewsfoto/Homebase)Homebase has also supercharged its Executive Office with new, seasoned Canadian leadership, including Chief Marketing Officer, Candy Lee, and Chief Technology Officer, Oliver Fisher. Having held previous leadership roles at Shopify, HelloFresh Canada and Freshbooks, both Lee and Fisher bring deep expertise and strategic insight into growing and scaling big brand SaaS companies that serve small businesses and consumers.This investment is a strong signal of Homebase's commitment to growth against the backdrop of an otherwise volatile technology sector
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Industries
Consulting
Enterprise Software
Company Size
1,001-5,000
Company Stage
Series D
Total Funding
$183.8M
Headquarters
San Francisco, California
Founded
2014
Find jobs on Simplify and start your career today