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HR Acuity Secures $47 Million Investment from K1 to Scale its Cloud Solutions for Employee Relations

News source: prnewswire.com

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FLORHAM PARK, N.J.Oct. 19, 2021 /PRNewswire/ — HR Acuity, the leading HR case management and predictive insights software company, today announced a $47 million minority investment from K1 Investment Management (“K1”), a leading investment firm focused on high-growth enterprise software companies.

“The current social and political climate along with pandemic challenges have elevated employee relations as the new strategic imperative in the boardroom,” said Deb Muller, Founder and CEO at HR Acuity. “HR Acuity is mission-critical to helping businesses resolve workplace conflicts and build employee trust. In 2021, leveraging technology for managing sensitive and complex employee issues is no longer optional. We are excited to be partnering with the K1 team to meet this accelerated demand by scaling the business through investments in talent and product innovation.”