TribeHR Raises $2.5 Million In Funding

Posted Aug 1, 2012

is a company that has created a virtual HR service platform.  The company has raised $2.5 million in funding, which puts them at around $3.6 million in total funding raised.  TribeHR provides HR software for small and medium-sized businesses.

TribeHR provides recruiting, vacation day tracking, salary history, and other information to the SMBs.  The price range of their services are between $2-$10 per user per month.  This round of funding was led by Relay Ventures with participation from Matrix Partners.

“This new round of funding will allow us to enhance our solutions by adding both social and mobile features which will lead to increased effectiveness of the HR manager,? stated TribeHR CEO Joseph Fung.

TribeHR is based in Kitchener, Ontario.  TribeHR previously raised a seed round of funding from Matrix Partners.