Workhuman, valued at $1.2B, becomes a unicorn
Photo: Courtesy of Workhuman
Workhuman's Framingham headquarters
Human resources technology company Workhuman, co-headquartered in Framingham and Dublin, Ireland, has been valued at $1.2 billion, officially making it a so-called unicorn company, according to its press release.
Concurrently, Workhuman announced that London-based alternative asset manager Intermediate Capital Group has become an investor in the company, acquiring a minority stake in Workhuman from existing shareholders. That transaction, according to the announcement, valued Workhuman at the $1.2-billion mark.
The company’s status change comes as industries around the world shifted to remote, work-from-home business models in the face of the coronavirus pandemic.
In the announcement, Workhuman cited ICG’s investment as part of the company’s European investment strategy.
WBJ Web Partners
Most Recent
Most Recent
0 Comments