Seed Funds for Workforce Intell Firm Revelio Labs

In New York, workforce intelligence provider Revelio Labs has raised $4m in a seed round of funding, which it will use to expand its offer beyond investment management to corporate HR and strategy.

Revelio builds tools to understand data, and develops statistical research methods to remove sampling bias and adjust for reporting lags to create an accurate and current understanding of workforce dynamics. This data provides insight on occupational composition, hiring and attrition trends, geographic composition, career transitions, and demographic diversity.

The seed round was led by Barclays and K20 Fund, with additional funding from NYU Ventures, BDMI, BoxOne Ventures, DataFrame Ventures, 840 Venture Partners and several industry execs. Ben Zweig (pictured), CEO of Revelio Labs, comments: 'By providing a shared source of workforce intelligence, we see a world where the allocation of human capital is as scientific and transparent as the allocation of financial capital, resulting in a more engaged and better performing workforce for all companies and individuals. We're grateful that Barclays, K20 and our other investors continue to recognize our potential, and we look forward to putting this new capital to work to further enhance our product to best serve our customers'.

Web site: www.reveliolabs.com .