VirgilHR, a Gaithersburg, MD-based employment and labor law compliance technology company, raised $1.5M in Pre-Seed funding.
The round was led by Squadra Ventures, Techstars, SHRMLabs, and TEDCO.
The company intends to use the funds to continue product development through the release of new modules and increase targeted marketing efforts.
Led by CEO Jocelyn King, VirgilHR provides HR compliance software that enables HR professionals to spend more time on strategic objectives and less time on researching and tracking employment and labor laws. Its mission is to help HR professionals navigate the growing employee complexities, close the knowledge gap and empower HR teams to make compliant employment decisions with ease and confidence. Through its web portal and integrated smart chatbot, VirgilHR surfaces the right information and regulatory requirements for HR professionals to make informed employment and labor law decisions in the moment. The solution serves as a “real-time legal guide by their side,” enabling HR directors and managers to make compliant decisions with confidence, quickly, accurately, and with research-backed credibility.
The platform already includes compliance guidance modules and content around Leave, Wage and Hour, EEO, ADA, and Pay Equity, with upcoming modules including Job and Worker Classification, New Hire Documentation, Offer Letters, and Non-Compete and Restrictive Covenants. Designed for individual HR professionals and teams with digital collaboration needs, platform subscriptions are customizable to organization size and employment location.
FinSMEs
03/02/2023