What is Deputy?
Founded in 2008, Deputy offers a comprehensive employee management solution designed to streamline critical workplace operations. The platform simplifies scheduling, automates timesheets, manages tasks, and enhances communication among teams. By providing these essential tools, Deputy empowers businesses to optimize workforce management and improve overall operational efficiency. The company's focus on B2B software solutions positions it as a key player in the HR technology sector.
How much funding has Deputy raised?
Deputy has raised a total of $106M across 2 funding rounds:
Series A
$25M
Series B
$81M
Series A (2017): $25M with participation from OpenView Partners
Series B (2018): $81M led by Square Peg Capital, EVP, OpenView, and IVP
Key Investors in Deputy
Square Peg Capital
Square Peg Capital is a venture capital firm that invests in emerging technology companies across the internet economy in Australia and New Zealand, Southeast Asia, and Israel.
OpenView
OpenView Venture Partners, established in 2006, is a venture capital firm specializing in B2B software companies, including notable investments in Zipwhip, Calendly, and Deputy. The firm is headquartered in Boston, Massachusetts.
IVP
IVP (Institutional Venture Partners) is a prominent later-stage venture capital firm based in Menlo Park, focusing on high-growth technology companies across consumer, enterprise, and fintech sectors, typically investing from Series B onwards.
What's next for Deputy?
The recent major strategic investment signals a new phase of growth for Deputy. With substantial capital backing, the company is poised to accelerate its product innovation, expand its market reach, and potentially explore strategic acquisitions. This funding will likely enable Deputy to enhance its AI-driven scheduling capabilities, deepen its integration with other business systems, and further solidify its competitive advantage in the employee management software market. The focus will be on scaling operations and delivering enhanced value to its growing enterprise client base.
See full Deputy company page
