Employee Cycle Closes $2.5M Seed Round to Automate HR Reporting Process
PHILADELPHIA, Sept. 27, 2022 /PRNewswire-PRWeb/ -- Employee Cycle, the leading HR analytics dashboard for small and medium-sized businesses, has closed a $2.5 million seed round of financing, led by Impellent Ventures. The round included participation from Collab Capital, Converge VC, as well as other angel investors and contributors.
- PHILADELPHIA, Sept. 27, 2022 /PRNewswire-PRWeb/ -- Employee Cycle , the leading HR analytics dashboard for small and medium-sized businesses, has closed a $2.5 million seed round of financing, led by Impellent Ventures .
- The use of proceeds will support the development and launch of the first Employee Data Platform (EDP), an enhanced product for automating HR reporting and data quality auditing.
- Employee Cycle plans to scale and hire in the sales, marketing, and engineering departments.
- Employee Cycle is an Employee Data Platform (EDP) changing the way HR leaders use data, beginning with transforming disconnected employee data into a user-friendly, centralized, and real-time HR analytics dashboard.