Homebase Raises $71M for Team Management Platform

/ / Homebase Raises $71M for Team Management Platform

Homebase, a San Francisco, CA- and Houston, TX-based SaaS platform for small businesses to manage hourly teams, raised $71m in Series C funding.The round was led by new investor GGV Capital, with participation from existing investors Bain Capital Ventures, Baseline Ventures, Bedrock Capital, Cowboy Vent ures, and Khosla Ventures, and additional investor PLUS Capital, as well as individual investors Kat Cole, the former President and COO of Focus Brands, Jocelyn Mangan, Board Member at Papa Johns and Chownow and former COO of Snag, Mike Dinsdale, the former CFO of Gusto, Rachel Carlson, the founder of Guild Education, actor and author Matthew McConaughey, athletes Jrue Holiday and Lauren Holiday, and others.

John Waldmann, Homebase’s founder and CEO, said the funding will go toward both continuing to bring on more customers as well as expanding the list of services offered to them, which could include more features geared to frontline and service workers, as well as features for small businesses who might also have some “desk” workers who might still work hourly.

Homebase provides a platform for local businesses to manage their hourly teams via tools such as employee scheduling, time clocks, payroll, team communication, hiring, onboarding, and compliance.

Announcement: Homebase Raises $71M for Team Management Platform