Branch recently completed its first funding round since 2017, closing a $48M Series B with investment from Lee Fixel’s Addition, Drive Capital, Crosscut Ventures, Bonfire Ventures, Matchstick Ventures, and HR Tech Investments LLC. The workforce payments platform did not disclose their current valuation, however, the CEO acknowledged recent metrics of 300% revenue growth year-over-year in 2020 and a 700% increase in the number of enterprises using its platform.
Source: Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers
