HR Acuity has secured a $47 million investment from K1 Investment Management (“K1”) to fuel growth and development for its employee relations platform. This is the second funding round the company has undertaken following growth equity from Growth Street Partners in 2019. Two years later and it appears that Growth Street Partners did not participate in this second round. As of writing, HR Acuity is still listed on its portfolio and it will continue as a minority shareholder. Like the Growth Street Partners investment the K1 investment is a minority shareholding.
Deb Muller, CEO founded HR Acuity in 2009. Its platform enables HR teams to deliver positive, well-documented employee relations initiatives. The platform includes three main components, Employee Relations, Workplace Investigations Management and the Reporting and Analytics solution.