Reejig backers have put down an additional $15 million just four months after a $6 million Series A capital raise.
The Sydney-based workforce intelligence platform will use the additional funds "to continue growing the team and fuel global expansion", with a new Silicon Valley team now ready to take on the US market, says a statement from the company.
The initial funding round was led by Skip Capital, headed by Kim Jackson and her husband, Atlassian co-founder Scott Farquhar, Airtree Ventures, Greta Bradman and Culture Amp’s Didier Elzinga.
AirTree Ventures Partner, Elicia McDonald, described Reejig as one of the fastest-growing companies in its portfolio, with revenue growth that is best-in-class for a software company of its size.
“Reejig’s phenomenal year of growth is testament to the quality of the product, the exceptional team that management is building, and demand for workforce intelligence in the most competitive talent market we’ve ever seen,” she said.
Reejig CEO and co-founder, Siobhan Savage, said the capital would be used to advance Reejig’s expansion into new markets and team building efforts, with the company using its own platform to drive the search for tech, product and marketing talent.
“Our team is experiencing hyper-growth and we’re so excited for the next chapter,” she said.
Skip Capital founder, Kim Jackson, said: “Reejig has seen exceptional growth during the past six months, making it one of the fastest growing companies in Australia. They’re rapidly signing up new customers after hitting on a clear market need for workforce management and developing what we believe is the best product in market. The company is seeing a lot of demand in the US and beating out global competitors. We’re excited to help accelerate overseas expansion.”