The SMB team management platform was selected from more than 200 companies nominated for the first list recognizing startups serving small- and medium-sized businesses.
Homebase, the all-in-one SaaS platform that helps more than 100,000 small businesses manage their teams, announced that it has been named among the top 50 companies transforming the SMBTech ecosystem by GGV Capital in partnership with Crunchbase and Nasdaq.
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The SMBTech 50 represents the first list to recognize the growth and potential of startups that serve small- and medium-sized businesses (SMBs), demonstrating both the breadth and depth of the sector and the enthusiasm of VC investors for companies like Homebase. The launch was celebrated with honorees at the Nasdaq MarketSite the day of the launch.
Homebase was chosen from among more than 200 SMBTech companies nominated or identified through research on Crunchbase, where honorees will also be recognized. Thirty VC firms added companies and participated in the voting process of the aggregate list, and the 50 companies to receive the most votes were named SMBtech 50 honorees. To qualify, a company has to serve customers with 1,000 employees or less and $1M annual revenue or less.
“SMBs employ more than 60% of the U.S. workforce, and they’ve been left behind far too long,” said John Waldmann, co-founder and CEO of Homebase. “From the start, we’ve envisioned leveraging technology to give small, Main Street business teams a better way to work — and today, more than 100,000 businesses — and more than 2 million of their employees — are using our platform to streamline everything from team operations to payroll and HR. The last few years have been particularly hard for small business owners and teams, reinforcing that, post-pandemic, SMB technology is more important than ever. We’re proud to offer the most comprehensive solution built specifically for local businesses to manage their hourly teams, and we’re honored to be included on the first list recognizing the top 50 companies powering the digitization of small businesses.”
Launched to create a better way to work for local businesses and their employees, Homebase gives small businesses all they need to run an hourly team in one easy-to-use app — with time tracking, scheduling, hiring, HR, payroll, and more. Plus, modern tools for messaging and alerts, employee recognition, culture-building, and early access to wages to keep teams happy and successful.
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Since launching in 2015, Homebase has seen impressive growth, raising $71 million in series C funding last year — and also expanding beyond its San Francisco and Houston offices to launch additional hubs in Atlanta, Austin, Denver, and Toronto. Homebase is backed by leading venture investors Bain Capital Ventures, Baseline Ventures, Cowboy Ventures, Khosla Ventures, Plus Capital, and GGV Capital.
About Homebase
Our mission is to make hourly work easier for local businesses and their employees. Homebase currently serves more than 100,000 small (but mighty) businesses with everything they need to manage their hourly teams: employee scheduling, time clocks, payroll, team communication, hiring, onboarding, and compliance. Just don’t call us “Human Capital Management.” We’re tools built for the busiest businesses, so owners and employees can spend less time on bullsh*t and paperwork and more time on what matters.
