Humand, the startup behind an AI-powered HR management app aimed at employees without desk jobs, has raised $66 million in a Series A funding round to expand in the United States, according to a recent report by Bloomberg News.
The round was co-led by Goodwater Capital and Kaszek Ventures, with participation from Y Combinator and angel investors including Dropbox co-founder Arash Ferdowsi and Lyft co-founder Rajat Suri.
The company's mobile app combines internal communications, culture-building tools, scheduling, benefits information, and training in a single platform for workers who rely primarily on smartphones, explains the Bloomberg report.
As per the report, Humand estimates that roughly 80% of the global workforce, about 2.7 billion people, work in roles spanning factories, construction sites, retail stores, and hospitals, lacking access to company email or traditional enterprise communications.
Founded in 2020 by Argentine entrepreneurs who met in college in Buenos Aires, Humand shared with Bloomberg that it serves more than 1.5 million workers at 1,500 global firms, including Siemens, Home Depot, and Domino's Pizza. The company aims to reach 10,000 corporate clients within five years.
In a post on LinkedIn, the company stated that with the new funding, it plans to accelerate development of AI agents designed to reduce manual work and provide HR teams with greater control over communication, culture, operations, and talent development.