Tech Company Financing Transactions

EmployStream Funding Round

Plymouth Ventures, JumpStart and North Coast Angel Fund joined a $7 million Series B funding round for EmployStream. The round was recorded on 2/12/2020.

Transaction Overview

Company Name
Announced On
2/12/2020
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series B
Investors

Plymouth Ventures (Lead Investor) (Evan Ufer)

JumpStart (Hardik Desai)

North Coast Angel Fund (Alan Brenner)

Ohio Innovation Fund (Jill Raderstorf)

Rev1 Ventures

Proceeds Purpose
EmployStream will use the capital to expand product development, increase its footprint in the staffing industry and drive innovation of ideas inspired by its rapidly growing customer base.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3029 Prospect Ave.
Cleveland, OH 44115
USA
Email Address
Overview
EmployStream is a Software-as-a-Service (SaaS) platform that automates the hiring and onboarding process for employers. It was developed to serve the unique needs and compliance concerns of high-volume employers including temporary and contract staffing companies.
Profile
EmployStream LinkedIn Company Profile
Social Media
EmployStream Company Twitter Account
Company News
EmployStream News
Facebook
EmployStream on Facebook
YouTube
EmployStream on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gerald Hetrick
  Gerald Hetrick LinkedIn Profile  Gerald Hetrick Twitter Account  Gerald Hetrick News  Gerald Hetrick on Facebook
Chief Technical Officer
Robert Sable
  Robert Sable LinkedIn Profile  Robert Sable Twitter Account  Robert Sable News  Robert Sable on Facebook


 

 

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Prev: 2/12/2020: Alpha Foods venture capital transaction
Next: 2/13/2020: LeafWorks venture capital transaction

 

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Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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