Humanforce secures growth investment

Thursday, 12 May, 2022

Humanforce secures growth investment

Workforce management solutions provider Humanforce has announced the closing of a significant growth investment from tech-focused private equity firm Accel-KKR. The new round of funding will enable the Sydney-based company to expand its suite of solutions, pursue acquisitions and enhance its market leadership position with frontline and deskless workforces. Since Accel-KKR’s initial investment in Humanforce in 2019, the company has enjoyed accelerated year-on-year SaaS bookings growth of 53%.

“Since our initial investment in Humanforce in 2019, the global workforce has fundamentally shifted. Industries that are driven by a deskless workforce have arguably been the most affected, accelerating the need for intelligent, employee-centred technology to help those businesses manage the changing landscape,” said Joe Porten, Managing Director of Accel-KKR.

The additional investment boosts Humanforce’s ongoing commitment to innovation and accelerates its development of tools for the deskless workforce that enable businesses to not only cope, but thrive, in today’s competitive environment.

“We continue to invest in Humanforce because of their demonstrable success in providing new and evolved solutions which meet the needs of today’s deskless workforce. We are excited to be a continuing partner in supporting their global expansion and product innovation strategies,” Porten said.

Image credit: © Ztudio

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