Hourly Hiring Platform Homebase Announces $20M Series B

Homebase, the trusted software local business owners rely on to help them organize, schedule shifts, and track time for their hourly teams, today launches Homebase Hiring. The launch couldn’t come at a better time; with the unemployment rate at a 17-year low, local businesses now finally have the tools they need to compete for the right people. The growth is bolstered by a $20 million Series B funding round led by Bain Capital Ventures, with participation from existing investors Baseline Ventures, Cowboy Ventures, Khosla Ventures, and others. The new funding will be used to continue rapid customer adoption, forge new partnerships, and further develop products that make hourly work easier.