Revelio Labs, the workforce intelligence company, today announced its seed capital raise of $4.0 million. The round was led by Barclays and K20 Fund, with additional funding from NYU Ventures, BDMI, BoxOne Ventures, DataFrame Ventures, 840 Venture Partners and industry veterans, including Michael Recce and Jeremy Baksht, and values Revelio Labs at a $29 million.
Ben Zweig, CEO of Revelio Labs, commented, “The most important resource of any company is its workforce, and yet, companies have a very rudimentary understanding of it. Especially now, as companies start bringing their workforces back into the office, it is more important than ever to understand workforce trends for enterprises to maintain a strategic advantage.
Revelio Labs builds tools to understand the workforce of every company. By ingesting the universe of public workforce data, the company has created a standard structure to unify job titles, skills, activities, and companies.
The capital will be used to expand Revelio Labs’ offering beyond investment management, to corporate HR and strategy.
Announcement: Revelio Labs Raises $4M for Workforce Intelligence