Private Equity

Flare Hr Banks $22M In Fresh Funding From Myob, Malcolm Turnbull

by brisbanetimes.com.au posted 7months ago 60 views
MYOB and Malcolm Turnbull are leading a $22 million investment in human resources and payroll technology startup Flare. : Employment software startup FlareHR is targeting small business customers and new products to help users boost their financial security after banking $22 million in fresh funding from KKR-backed accounting platform MYOB. Flare HR was founded in 2015 and provides software which manages the on-boarding of new employees, other human resources functions and payroll to corporate clients including Deloitte, Grill'd and Nissan. MYOB was acquired by US private equity giant KKR in a $1.6 billion deal last year.

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