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HR analytics startup raises $15 million from Salesforce

Skills analytics start-up Reejig has raised $17 million on top of $15 million from a Series A just eight months ago.

This time, Salesforce Ventures, the investment arm of the global tech giant, backed the three-year-old venture.

Reejig says the investment is not a Series B raise.

The latest cash injection means the HR platform has raised nearly $40 million in just two years, starting with a $2.2 million seed round in 2020. his Series A was raised, followed by another $15 million in February this year to complete the round.

Previous rounds have been supported by Skip Capital, Kim Jackson’s Airtree Ventures and Scott Farquhar; Culture Amp’s Didier Elzinga and his wife, opera singer, Greta Bradman; as well as initial investor Right Click Capital. Most of them have nearly tripled their investment.

The startup was founded in 2019 by CEO Siobhan Savage, CTO Mike Reed and data scientist Dr. Shujia Zhang to address HR challenges around hiring, retaining and retraining staff.

Savage said the capital will be used to develop the platform’s technology and expand the global team.

“This announcement is a testament to the work of the Reejig team and a testament to the power of workforce intelligence to help organizations optimize their workforce and unlock the potential of their people,” she said.

The startup team has grown 1000% in the last 12 months, with offices in APAC, North America and the UK. Its customer base includes AWS, Compass Group, Woolworths Group, John Holland and Allianz.

Reejig was named on the 2022 Cloud 100 Rising Star list as one of the 20 most promising cloud innovators worldwide.

‍Salesforce Ventures APAC MD Mike Ferrari said, “We are excited to partner with Reejig, who are changing the way companies mobilize, retrain and optimize their workforce.”

READ NOW: Employment Hero HR Platform Reaches $1.25 Billion Valuation After $181 Million Raise


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