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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 5 sources · 3 days · First seen · Last updated

HiBob funding and AI strategic shift

Overview

HR technology company HiBob has secured $166 million in a new funding round led by Salesforce, with participation from Farallon Capital Management. This investment brings the company’s total capital raised since its 2015 founding to over $700 million and places its valuation at more than $3.2 billion.

HiBob is transitioning from a traditional HR platform toward an “organizational intelligence layer” intended to support AI-powered workplaces. The company aims to provide AI agents with essential workforce context, such as employee skills, management structures, and compensation data, to enable more effective execution of complex tasks.

Additionally, the company plans to use the funding to support deeper integrations with Slack, making team and employee data accessible directly within Slack workflows. HiBob currently serves more than 5,500 customers across over 170 countries and reports annualized revenue exceeding $400 million.

Entities

HiBob · Salesforce · Farallon · Farallon Capital Management · Ronni Zehavi

Timeline

  1. 8 days ago

    [BUSINESS] 2 sources
    HiBob secures $166 million investment led by Salesforce

    HiBob has secured $166 million in funding led by Salesforce and Farallon to transform its HR platform into an organizational intelligence layer for AI-driven workplaces.

  2. 11 days ago

    [BUSINESS] 3 sources
    HiBob raises $166 million in funding led by Salesforce

    HiBob has raised $166 million in a funding round led by Salesforce, bringing its valuation to over $3.2 billion as it expands its AI-driven HR software capabilities.

Sources

ad-hoc-news.de · hrtechreview.nl · pulse2.com · techinside.com · unite.ai