ChartHop Raises Funds for 'People Analytics' Platform

In New York, 'people analytics' visualization specialist ChartHop has raised $35m in a Series B round of funding, which it will use for product enhancements, investments in service and support, and growth in go-to-market capabilities.

Founded in 2019 by Ian White (pictured), co-founder of personalization and targeting firm Sailthru, ChartHop brings together disparate sources of employee data from across the organization - including that relating to roles and responsibilities, demographics, skills, performance reviews, job and compensation history and engagement surveys. This data is then used to enable companies to adopt more equitable practices, such as for ensuring that compensation changes are tied to performance data, headcount planning, reducing employee turnover, tracking the success of DEI initiatives and more.

New funding has been led by Andreessen Horowitz, with participation from Elad Gil and previous investors Cowboy Ventures and SemperVirens, coming less than a year after Andreessen Horowitz led ChartHop's $14m Series A round in summer 2020. Andreessen Horowitz also led ChartHop's seed round in early 2020.

White comments: 'ChartHop customers have access to something that's usually impossible to obtain, accurate, consolidated people data. This funding gives ChartHop the opportunity to build on our strong foundation, so we can continue to help our customers focus on strategic people initiatives and ultimately improve organizational health.'

Web site: www.charthop.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.