Bolt HR Secures Investment Round

Bolt HR LLC, a venture-backed human resource technology provider, announced the closing of a major investment round of the New York City boutique private equity fund. The round was filled by one investor and the fund made a commitment to finance the company’s long-term development. Bolt HR plans to use the capital to significantly expand its development and staffing efforts in advance of the launch of Q1. Prior to this investment, Bolt HR received earlier funding from Metro Global Ventures.

Founded in early 2013, Bolt HR has been developing human resource support software for the small and medium-sized business market and has had its flagship product in private beta since Q3 2013. The company aims to reshape the way in which growing businesses identify, screen and hire talent. Bolt HR is looking forward to launching its unique technology offering developed by and for small business owners.

In addition to securing this recent investment round, Bolt HR is pleased to announce the appointment of Eric Fleming as Chief Technology Officer. Eric comes to Bolt HR with prior experience in engineering at Path. To, Taleo, Vurv “Eric is a visionary and solid addition to our technology team. We’re thrilled to have him join the management team,” said Michael Hagler, Chief Operating Officer of Bolt HR.

In the coming months, Bolt HR is looking to continue adding to the technical staff and is actively hiring in Jacksonville, Florida, and expects to open several new offices and announce additional key hires in the coming weeks.

ABOUT BOTH HR

Founded in early 2013 and based in Jacksonville, Florida, Bolt HR is an exciting human resource technology company developing human resource support software for the small and medium-sized business market. The company’s flagship product aims to reshape the way in which growing businesses identify, screen and hire talent.

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