HiBob

HR Tech · Enterprise Software · AI

Funding

HiBob raises $166M as Salesforce leads round at $3.2B valuation

The bet: workforce data, not smarter models, becomes the scarce resource that makes enterprise AI agents trustworthy.

• HiBob raised $166 million in a round led by Salesforce, with Farallon Capital also participating, valuing the HR platform at $3.2 billion.
• HiBob's Bob platform is an HR information system covering payroll, benefits, workforce planning and performance management, serving more than 5,500 companies.
• HiBob's annualized revenue has surpassed $400 million as the company scales well beyond its original HR-software roots.
• Salesforce supplied the bulk of the $166 million, and CEO Ronni Zehavi said the money will fund acquisitions and platform expansion; he called an IPO 'unrealistic' for now.
• The deal lifts HiBob's valuation from $2.7 billion in its prior round, roughly three years ago, to $3.2 billion, and brings total funding raised since its 2015 founding to about $700 million.
• Salesforce Labs SVP and Slack chief strategy officer Joe Teplow said HiBob's people-data foundation 'makes AI more useful, relevant, and connected to how businesses actually operate.'
• A CRM giant's bet on an HR-data company signals that enterprise AI's next edge lies in owning trusted, structured workforce context rather than in model quality alone.