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HR Acuity Raises $47m to scale its clouds solutions for employee relations

News source: peoplemattersglobal.com

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HR Acuity, HR case management and predictive insights software company, announced a $47m minority investment from K1 Investment Management (“K1”), an investment firm focused on high-growth enterprise software companies.

“The current social and political climate along with pandemic challenges have elevated employee relations as the new strategic imperative in the boardroom,” said Deb Muller, Founder and CEO at HR Acuity.

With HR Acuity’s solution Deb’s aims to help businesses resolve workplace conflicts and build employee trust. In 2021, leveraging technology for managing sensitive and complex employee issues is no longer optional. HR Acuity is partnering with the K1 team to meet this accelerated demand by scaling the business through investments in talent and product innovation.