Culture Amp Raises $100M in Series F

Culture Amp has successfully raised $100M in a Series F at a $2B valuation led by Felicis Ventures, Index Ventures, Blackbird Ventures, Main Sequence Ventures, Sapphire Ventures, TDM Growth Partners.

Company Overview

Culture Amp is a HR Tech company headquartered in 121 William Street, Melbourne VIC 3000, Australia, founded in 2011 with 1000+ employees.

Employee experience platform

Fundraising Details

Amount Raised: $100M
Round Type: Series F
Valuation: $2B
Date: 2024-11-29
Investors: Felicis Ventures, Index Ventures, Blackbird Ventures, Main Sequence Ventures, Sapphire Ventures, TDM Growth Partners

About Culture Amp

Employee experience platform The company is positioned in the HR Tech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 121 William Street, Melbourne VIC 3000, Australia
Founded: 2011
Team Size: 1000+
Industry: HR Tech

What This Means

This funding round demonstrates strong investor confidence in Culture Amp's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HR Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Culture Amp's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2B valuation marks an important milestone for Culture Amp, positioning the company among notable players in the HR Tech industry.

Looking Ahead

With this new capital, Culture Amp is well-positioned to execute on its growth strategy and continue building innovative solutions in the HR Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-11-29. For more information about Culture Amp, visit their headquarters at 121 William Street, Melbourne VIC 3000, Australia.