Employment Hero has boosted its valuation to $72m following a $16m series C round that featured returning investor Seek.

Australia-based human resources technology developer Employment Hero has secured A$22m ($16m) in a series C round led by recruitment portal operator Seek, the Sydney Morning Herald reported yesterday.

OneVentures and AirTree Ventures also took part in the round, which valued Employment Hero at $72m.

Founded in 2014, Employment Hero has developed a human resources software platform that enables companies to easily onboard new employees, manage timesheets, engage with staff and organise performance reviews.

The company expects not to raise any…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.