Homebase Valuation, Funding & Investors

Homebase is valued at $550M as of July 2021.

Last Homebase valuation

$550M

Series C · Jul 2021

Last Homebase funding round

$60M

Series D · Apr 2024

Cumulative funding Homebase raised

$189M

across 6 funding rounds

Key investors in Homebase

  • Khosla Ventures
  • Cowboy Ventures
  • Bain Capital Ventures
  • Notable Capital
  • Baseline Ventures
  • Y Combinator

Homebase Overview

About Homebase

Homebase is a workforce management software platform offering scheduling, time tracking, team messaging, and performance analytics for small businesses. Managers create shift templates, forecast labor needs, and integrate with payroll systems like Gusto and QuickBooks. Available on iOS and Android, the platform serves over 100,000 locations including restaurants and retail chains in the United States. San Francisco-headquartered Homebase was founded in 2014.


Founded

2014

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$550M (Jul 2021)

Homebase Valuation

Homebase is currently valued at $550M, based on its Series C in July 2021.

The $71M round was led by Notable Capital.

Homebase's valuation has grown 6.5x from $84M at its Series B in June 2018 to $550M in July 2021, across 2 priced rounds.

Homebase valuation by funding round

Homebase valuation by funding round
DateStageValuation
Jul 2021Series C$550M
Jun 2018Series B$84M

Homebase Funding History

Homebase has raised a total of $189M across 6 funding rounds.

Homebase's first fundraising round was a $2M seed round in November 2015. The most recent completed round was a $60M Series D in April 2024.

Homebase funding rounds

Homebase funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2024Series DL Catterton (lead); Emerson Collective; Plus Capital; Khosla Ventures; Bain Capital Ventures; Cowboy Ventures; Notable Capital$60M-Homebase is an all-in-one HR and team management app designed for small businesses managing hourly teams, offering integrated tools for scheduling, time tracking, payroll, earned-wage access, messaging, and HR compliance. It serves over 100,000 small businesses, covering more than 2 million employees, primarily in restaurant, retail, and service industries, saving managers an average of five hours per week through automation and accuracy improvements. The company targets traditionally underserved Main Street businesses overlooked by other technology providers. The platform has tracked over one billion hours for 2.5 million workers in the prior year, positioning it as a key player in SMB HR tech for on-site hourly workers, distinct from desk-based professional tools. On April 3, 2024, Homebase raised $60 million in a Series D funding round led by L Catterton Growth, with participation from Emerson Collective and existing investors including Notable Capital, Bain Capital Ventures, Khosla Ventures, Cowboy Ventures, and PLUS Capital. This brings total venture-backed capital to $169 million. The funds will accelerate R&D investments to expand its fully integrated team management ecosystem and enhance product features like AI-powered payroll and automated tip management. Homebase appointed Philip Moon, former finance executive at Square and Grove Collaborative, as CFO ahead of the round, and co-founder Rushi Patel added chief revenue officer responsibilities. Investors highlighted strong customer love and Homebase's leadership in hourly team management.
Nov 2021Undisclosed stageY Combinator; Partech; Goodwater Capital; Foundamental; Emles Advisors; ACE & Company$30M--
Jul 2021Series CNotable Capital (lead)$71M$550MHomebase is an all-in-one HR and team management platform designed for small and medium-sized businesses managing hourly workforces. The platform provides shift scheduling, timesheets, payroll, hiring and onboarding, communication, and HR compliance tools. Founded in 2015, Homebase had grown to serve more than 100,000 small businesses covering approximately 1 million employees by the time of its Series C funding round in July 2021. In July 2021, Homebase announced $71 million in Series C funding led by GGV Capital, with participation from existing investors Bain Capital Ventures, Baseline Ventures, Bedrock Capital, Cowboy Ventures, and Khosla Ventures, plus additional investor PLUS Capital. According to TechCrunch, this round valued the company between $500 million and $600 million post-money. The funding was allocated toward expanding the company's product ecosystem with new HR and payroll services and acquiring additional customers. Following strong growth, Homebase raised an additional $60 million Series D in April 2024 led by L Catterton Growth and supported by Emerson Collective, bringing total venture-backed capital to $169 million. The company expanded its geographic footprint beyond San Francisco and Houston to include offices in Atlanta, Austin, Denver, and Toronto.
Jun 2018Series BBain Capital Ventures (lead); Baseline Ventures; Khosla Ventures; Cowboy Ventures$20M$84MHomebase is an HR and team management software platform designed specifically for hourly and frontline workers in small and medium-sized businesses. The company provides payroll, shift scheduling, timesheets, hiring and onboarding, communication, and HR compliance features. Homebase raised $20 million in Series B funding on June 7, 2018, with a post-money valuation of $83.54 million. The round included investors such as Baseline Ventures, Bain Capital Ventures, and Khosla Ventures. By April 2024, the company had raised a total of $169 million across venture-backed rounds, including a $60 million Series D led by L Catterton Growth. Homebase reported having over 100,000 small business customers covering more than 2 million employees as of 2024. The company has since enhanced its platform with AI-powered features including automated payroll capabilities and tip management tools.
Aug 2016Series AKhosla Ventures (lead); CSC Upshot; Baseline Ventures; Cowboy Ventures$6M-Homebase is a technology platform designed to simplify hourly workforce management for small and medium-sized businesses. The company provides free scheduling and time-tracking tools that serve as an administrative assistant for local business owners and managers. In August 2016, Homebase announced a $6 million Series A funding round led by Khosla Ventures, with participation from earlier investors Baseline Ventures and Cowboy Ventures. Keith Rabois, a prominent investor and advisor to PayPal, Square, and Yelp, joined Homebase's board as part of the investment. At the time of the Series A announcement, Homebase had grown to serve more than 50,000 local businesses across all 50 U.S. states, including customers ranging from independent bookstores to growing coffee chains with multiple locations. The platform was addressing a significant market need, with approximately 90 percent of Homebase's early users having previously relied on paper schedules or basic tools like Excel for workforce management.
Nov 2015SeedImmeasurable; Rothenberg Ventures$2M--

Who has invested in Homebase?

17 investors have backed Homebase across its funding rounds, including Khosla Ventures, Cowboy Ventures, Bain Capital Ventures, Notable Capital, Baseline Ventures and Y Combinator.

Lead investors include L Catterton, Notable Capital, Bain Capital Ventures and Khosla Ventures.


Homebase Investors

Investors in Homebase by funding rounds participated
InvestorHQRoundsRoleFirst check
Khosla VenturesUnited StatesSan Francisco, CA3LeadAug 2016
Cowboy VenturesUnited StatesSan Francisco, CA3ParticipantAug 2016
Baseline VenturesUnited StatesSan Francisco, CA2ParticipantAug 2016
Bain Capital VenturesUnited StatesSan Francisco, CA2LeadJun 2018
Notable CapitalUnited StatesSan Francisco, CA2LeadJul 2021
CSC UpshotUnited StatesSan Francisco, CA1ParticipantAug 2016
Emerson CollectiveUnited StatesSan Francisco, CA1ParticipantApr 2024
Plus CapitalUnited StatesLos Angeles, CA1ParticipantApr 2024
Y CombinatorUnited StatesSan Francisco, CA1ParticipantNov 2021
PartechFranceParis1ParticipantNov 2021
Goodwater CapitalUnited StatesSan Francisco, CA1ParticipantNov 2021
FoundamentalGermanyBerlin1ParticipantNov 2021
L CattertonUnited StatesGreenwich, CT1LeadApr 2024

This data is available for Pro users. Sign up to see all 17 Homebase investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Homebase Competitors

Homebase competitors include listed companies like Teamshares and Huitongda Network, and private ones like Khatabook, Payactiv, Assembled and Swiftly.

Public and private companies comparable to Homebase
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
KhatabookIndiaBangalorePrivate$9M-$600M66.7x
PayactivUnited StatesSan Jose, CAPrivate--$500M-
AssembledUnited StatesSan Francisco, CAPrivate--$1B-
SwiftlyUnited StatesSeattle, WAPrivate--$1B-
TeamsharesUnited StatesUnited StatesPublicly listed$472M($23M)$545M1.4x
Huitongda NetworkChinaChinaPublicly listed$7.8B$112M$497M0.0x

Homebase Public Comps

Homebase is still privately-owned, but its public comps include Teamshares, Huitongda Network, PAR Technology, Smaregi, Nordtech Group, Pro-Ship, AdvancedAdvT, Turn Cloud Technology, Beisen Holding and Shiprocket.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Teamshares$472M($23M)1.7x1.4x(35.0x)33.2x
Huitongda Network$7.8B$112M0.0x0.0x0.3x0.3x
PAR Technology$456M($27M)2.2x2.0x(38.0x)24.4x
Smaregi$86M$24M4.4x4.2x15.6x14.2x
Nordtech Group$72M$15M5.1x-25.2x-
Pro-Ship$54M$21M5.5x4.9x14.2x13.4x
AdvancedAdvT$72M$13M2.5x2.4x14.1x8.9x
Turn Cloud Technology$25M$7M12.1x-42.2x-

This data is available for Pro users. Sign up to see all Homebase competitors and their valuation data.

Start Free Trial

Common questions about Homebase

When was Homebase founded?Homebase was founded in 2014.
Where is Homebase headquartered?Homebase is headquartered in San Francisco, CA, United States.
Is Homebase publicly listed?No, Homebase is a private, VC-backed company.
What is Homebase's valuation?Homebase was last valued at $550M in its Series C in July 2021.
How much funding has Homebase raised?Homebase has raised $189M across 6 funding rounds.
What was Homebase's last funding round?Homebase's last funding round was a $60M Series D in April 2024, led by L Catterton.
Who are Homebase's investors?Homebase's investors include Khosla Ventures, Cowboy Ventures, Baseline Ventures, Bain Capital Ventures, Notable Capital, CSC Upshot, Emerson Collective, Plus Capital, Y Combinator, Partech and 7 others.
Which companies are comparable to Homebase?Companies comparable to Homebase include Khatabook, Payactiv, Assembled, Swiftly, Teamshares and Huitongda Network.

See companies similar to Homebase

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial