ChartHop Raises $120M in Series C

ChartHop has successfully raised $120M in a Series C at a $800M valuation led by Andreessen Horowitz.

Company Overview

ChartHop is a HR Tech company headquartered in New York, NY, founded in 2019 with 200+ employees.

Organizational management platform

Fundraising Details

• Amount Raised: $120M
• Round Type: Series C
• Valuation: $800M
• Date: 2024-06-01
• Investors: Andreessen Horowitz

About ChartHop

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

Key Information

• Headquarters: New York, NY
• Founded: 2019
• Team Size: 200+
• Industry: HR Tech

What This Means

This funding round demonstrates strong investor confidence in ChartHop'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. ChartHop's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $800M valuation marks an important milestone for ChartHop, positioning the company among notable players in the HR Tech industry.

Looking Ahead

With this new capital, ChartHop 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 2024-06-01. For more information about ChartHop, visit their headquarters at New York, NY.