Workforce intelligence company Revelio Labs has raised a funding of $15 Mn in a round led by Elephant Partners, with additional funding from Alumni Ventures, BDMI, K20 Ventures, Techstars, and Barclays.

In the official statement issued, the company has announced that the funding will be leveraged to expand Revelio Labs' offerings for corporate HR and strategy. It comes less than a year after the company raised $4.5 million in seed funding. Since then, Revelio Labs has tripled in size, with over 150 clients ranging from investors to corporate strategists and HR teams, as well as governments.

Commenting on the funding, Ben Zweig, CEO of Revelio Labs, said, "The most important resource of any company is its workforce, but even in 2022, employers and hiring managers have yet to truly grasp the variables impacting employee decisions at the individual and macro levels. Corporate America was not prepared for the Great Resignation, quiet quitting or the talent wars. And as we navigate a very tight labor market, intense inflation, and a potential recession, it's more important than ever to have a greater understanding of workforce trends..” 

He further added, “We're grateful that Elephant and our other investors continue to recognize our potential to drive meaningful business change through workforce data, and we look forward to putting this new capital to work to further enhance our products."

Revelio Labs builds tools to understand the workforce of every company. By analyzing public workforce data, the company has created a standard structure to unify job titles, skills, activities, and companies.