Kensington Capital Partners led the round, with participation from existing investors Tribe Capital and Struck Capital. Other investors included Telus Ventures, Flex Capital, ex-Gusto CFO Mike Dinsdale, and Rodney Dobson, former president of ADP Canada and U.K. (The Logic)
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Kensington Capital Partners led the round, with participation from existing investors Tribe Capital and Struck Capital. Other investors included Telus Ventures, Flex Capital, ex-Gusto CFO Mike Dinsdale, and Rodney Dobson, former president of ADP Canada and U.K. (The Logic)
Talking point: Humi, whose platform allows businesses to manage HR, payroll, insurance and employee benefits, said it will use the funding to improve its mobile offering and enhance software features like scheduling and health benefits. The Logic reported last year that Humi also hopes to eventually offer an early payday product, part of a growing trend for fintechs. Since raising $15 million in 2020, Humi has seen a fivefold increase in employee signups. The company said in a statement that demand for its platform has grown as the pandemic prompted businesses to adopt new technologies, such as its tools for digital recruiting and employee onboarding.
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