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§ Private Profile · Los Angeles, CA, USA
Outsourced HR platform with dedicated HR managers for small businesses, offering compliance, payroll, and operations.
Based in Los Angeles, California, Bambee provides outsourced human resources management services and compliance software for small to medium-sized businesses. The company operates on a business-to-business subscription model, pairing clients with dedicated remote HR managers to handle employee onboarding, terminations, conflict resolution, and regulatory policy creation. Bambee currently serves more than 10,000 small business customers across the United States, representing approximately 253,000 individual employees managed through its proprietary software platform. The organization recently expanded its core compliance offerings by launching an integrated payroll processing system to consolidate wage management and daily human resources operations. The enterprise has raised over $65 million in total venture funding, including a $30 million Series C round, backed by institutional investors such as QED Investors, SoftBank, Alpha Edison, and Mucker Capital. Bambee was founded in 2016 by Allan Jones.
Bambee has raised $61.0M across 5 funding rounds.
Bambee has raised $61.0M in total across 5 funding rounds.
Bambee has raised $61.0M in total across 5 funding rounds.
Bambee's investors include Alpha Edison, QED Investors, 111° West Capital, Act One Ventures, Brewer Lane Ventures, Jenny Fielding, Scott Hartley, General Catalyst, TechSquare Labs, Damian Maldonado, Ken Chenault, Gaingels.
Bambee is an HR technology platform providing outsourced HR solutions, including a dedicated HR manager and automation tools like HR Autopilot, tailored for small to medium-sized businesses (SMBs) with fewer than 500 employees.[1][3][4] It serves startups and growing companies lacking in-house HR resources by solving compliance challenges, employee onboarding, payroll, training, performance tracking, and policy creation—reducing legal risks and administrative burdens through personalized support and tech-driven automation.[2][3][7] Bambee addresses the gap where 96% of small businesses operate without an HR manager, impacting 50 million U.S. employees, by offering affordable, comprehensive services that blend human expertise with machine learning for streamlined workflows.[4][6]
The platform's growth has been rapid: founded in 2016, it scaled from serving 0 employees to 45,500 by 2019 and tens of thousands of companies by 2023, earning a spot in Inc.'s top 1,000 fastest-growing firms despite challenges like COVID-19.[4][6]
Bambee was founded in 2016 in a living room in Venice Beach, California, by Allan Jones, its current CEO.[1][4][6] Jones, a former senior executive at a Los Angeles-based company, stepped away in 2015 for a four-month backpacking trip in Southeast Asia, where he conceived the idea after recognizing the immense anxiety and compliance struggles small business owners face without affordable HR support.[4][6] Drawing from his leadership experience and personal mission to "restore dignity in employment," Jones assembled a team of HR professionals and employment lawyers to build a platform offering customized services like handbooks, compliance alerts, and legal guidance—initially sketching the concept by hand.[1][4]
Early traction was explosive: from 10 companies to tens of thousands in a short time, with multiple years of 100%+ growth, while keeping prices affordable through innovation rather than hikes (only one increase since launch).[4][6] Pivotal moments included navigating COVID-19's disruptions in remote work, layoffs, and hiring surges post-2020 recession.[6]
Bambee rides the SMB HR tech wave, capitalizing on the rise of outsourced HR platforms amid complex regulations, remote work shifts post-COVID, and talent shortages that strain small firms without dedicated HR.[6][7] Timing is ideal as 96% of U.S. small businesses lack HR support, exposing them to penalties, while automation democratizes enterprise-grade tools—fueled by market forces like labor law changes, ACA requirements, and gig economy growth.[1][4] It influences the ecosystem by enabling faster scaling for startups (e.g., compliant hiring/onboarding), reducing failure rates from HR pitfalls, and setting a model for hybrid human-tech HR that prioritizes accessibility over high-cost consultants.[3][6][7]
Bambee is poised to expand its automation edge, potentially integrating AI for predictive compliance and deeper payroll/benefits ecosystems, as SMBs demand mobile apps and advanced analytics amid ongoing regulatory flux.[2][8] Trends like hybrid work, DEI training mandates, and economic volatility will amplify its value, evolving it from startup disruptor to essential infrastructure for millions of employees—ultimately fulfilling its mission to eliminate HR anxiety and restore employment dignity across America's smallest companies.[4][6]
Bambee has raised $61.0M across 5 funding rounds. Most recently, it raised $30.0M Series C in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $30M Series C | Alpha Edison, QED Investors | 111° West Capital, ACT ONE Ventures, Brewer Lane Ventures, Jenny Fielding, Scott Hartley, General Catalyst, TechSquare Labs, Damian Maldonado, KEN Chenault, Gaingels, Mucker Capital, Softbank | Announced |
| Dec 1, 2020 | $15M Series B | QED Investors | 111° West Capital, ACT ONE Ventures, Alpha Edison, Brewer Lane Ventures, TechSquare Labs, Mucker Capital | Announced |
| Oct 1, 2019 | $8M Series A | — | ACT ONE Ventures, Alpha Edison | Announced |
| Feb 1, 2019 | $5M Series A | — | ACT ONE Ventures, Alpha Edison | Announced |
| Jun 1, 2018 | $3M Seed | — | ACT ONE Ventures, Alpha Edison | Announced |