HR Acuity, a Florham Park, N.J.-based provider of software to manage, track, and investigate employee issues, received a minority growth equity investment from Growth Street Partners.
The amount of the deal was not disclosed. In conjunction with the investment, Growth Street Partners will join the Board of Directors.
The company will use the investment to expand its business reach.
Founded in 2009 by Deborah Muller, CEO and founder, HR Acuity provides a SaaS solution that proposes the best practices to its customers on how to navigate complex and risky employee-related matters in accordance with HR, legal, and compliance best practices. Hundreds of the country’s leading and most forward-thinking companies, including ADP, LinkedIn, Lyft, and Save the Children, use HR Acuity to reduce risk proactively and handle workplace issues consistently and fairly while improving the employee experience. It mitigates employee-related risk through its workflow automation, investigation and case management, benchmarking, and business intelligence platform.
The system is already used by over 150 of the world’s best-known companies, representing over 1 million employees globally.
FinSMEs
16/12/2019