Humu Raises $60M for Talent Retention
Humu, a talent retention platform, announced they have raised a $60m Series C. The round was led by TCV, with investors from Humu’s previous funding rounds including Index Ventures, IVP, and Silicon Valley Bank and new investors GFC and Blue Ivy Ventures.
“Over time, we’ve iterated on our initial product to build the best technology for supporting managers and employees across industries and countries. We’ve proven that it’s possible for anyone, anywhere to create a culture in which each employee feels valued, heard, and empowered to succeed when they have the right technology” wrote founders Laszlo Bock, Wayne Crosby and Dr. Jessie Wisdom.
Humu enables managers and employees to engage more quickly, honestly, and constructively, so that they can make work better for themselves and their teams. The nudge technology will automate routine tasks, empower managers to better navigate complex people challenges, and make it easier to always manage according to best (and science-based) practices.
The funding will be used to accelerate product development and hiring efforts.
Announcement: Humu Raises $60M for Talent Retention