Human resources solution provider Humanforce has announced the closure of significant investment growth from technology-focused private investment company Accel-KKR. The new round of funding will allow companies from Sydney to expand the range of solutions, acquire and strengthen market leadership with staff without work. Since Accel-KKR’s initial investment in Humanforce in 2019, the company has seen accelerated growth in SaaS bookings for the year by 53%.
“Since our initial investment in Humanforce in 2019, the global workforce has changed fundamentally. Perhaps the hardest hit are the industries driven by the unemployed workforce, which amplifies the need for smart technologies focused on employees to help these companies manage the changing landscape, ”said Joe Porten, managing director of Accel-KKR.
The additional investment strengthens Humanforce’s continued commitment to innovation and accelerates the development of tools for the unemployed that enable businesses to not only cope but also thrive in today’s competitive environment.
“We continue to invest in Humanforce because of their apparent success in providing new and improved solutions that meet the needs of today’s workforce without desktop resources. We are excited to be a permanent partner in supporting their global expansion and innovation strategy, ”Porten said.