Manage HR Magazine | Monday, August 31, 2020
The company intends to use the latest funding to expand its platform and its business reach.
FREMONT, CA: ChartHop, an NYC-based organizational management platform for companies to plan for the future, closed $14m in Series A financing.
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The round was led by Andreessen Horowitz (a16z) with active participation from new and existing investors including more than 40 C-level executives as well as Abstract Ventures, Basement Fund, Cowboy Ventures, CoFound Partners, Company Ventures, the a16z Cultural Leadership Fund, Flybridge Capital, Ride Ventures, the Todd and Rahul Angel Fund, Tokyo Black, Shrug Capital, SemperVirens, and Work Life Ventures.
The company intends to use the latest funding to expand its platform and its business reach.
Led by Ian White, founder, CEO and CTO, ChartHop provides a platform that centralizes and visualizes the people data leaders need to manage their organization, such as location, stock grants, gender, salary, job history, and more, through integrations with existing people systems. At the same time, the system offers every employee visibility into how they fit into the organization’s goals making cross-functional collaboration and gives leaders a platform to collaborate and iterate on plans for their future
In conjunction with the latest financing, the company also announced its new Diversity, Equity and Inclusion (DE&I) offering, which allows organizations to build diverse teams and make equitable organizational decisions. With DE&I, companies can build a strong foundation rooted in equality by visualizing team compensation, composition, new hires, performance reviews, and more, across any dimension, such as gender, veteran status, race/ethnicity, and sexual orientation. ChartHop offers this as part of ChartHop Build, its base package, in conjunction with their org chart.
Companies like Starburst, BetterCloud, Better.com, Lightspeed, MongoDB, Thrasio, and InVision utilize it to manage their organizations.
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