Bamboo HR is a SaaS-based end-to-end HR solutions provider for small and medium-sized enterprises (SMEs). The platform’s services include onboarding, payroll, benefits, people analytics, and performance management among others. As of June 2021, the platform serves over 20,000 customers and reports over 1.8 million users. The platform is monetized on a monthly subscription basis, with users paying between USD 4.95 and USD 8.25 per employee. Add-on modules for payroll, performance management, and time tracking are also available. The platform is also integrated with over 50 third-party applications, some of which are offered to customers at no additional cost. These applications enable companies to run background checks (Checkr), manage compensation data (Payscale), and manage performance appraisals (Lattice).
In September 2021, the company launched new features for the hiring and onboarding process, including integration with the job platform ZipRecruiter. The updates enable HR personnel to customize individual onboarding processes, create talent pools to consider candidates they do not hire for future positions, and directly post jobs to the ZipRecruiter job board.
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