Latest round

Seed

Last raised

Jun 2023

Total raised

Undisclosed

Investors

1

About BINDER

, trading under the name Binder, is a South Korean company specializing in innovative employee onboarding solutions that enhance organizational efficiency and streamline HR processes for diverse industries. Binder, founded in 2023, is based in Seoul, South Korea and focuses on transforming the employee onboarding experience. Binder provides a comprehensive onboarding solution designed to streamline and simplify the employee onboarding process for companies. The core product is a digital platform that minimizes manual tasks associated with onboarding, allowing organizations to reduce onboarding time by up to 90%. Key features include customizable onboarding workflows, pre-submission of necessary documents, automated feedback collection, and personalized reminders, which enhance the employee experience while easing the administrative burden on HR teams. The service is particularly beneficial for companies seeking to standardize onboarding across various departments and roles, ensuring a consistent experience for new hires.The revenue model for Binder is structured around subscription services offered to businesses that utilize its onboarding platform. Clients typically engage with Binder through annual subscription plans, which provide access to its suite of features tailored to their specific onboarding needs. Transaction structures include multi-tiered pricing based on the number of employees and the range of services utilized, allowing flexibility for businesses of varying sizes. By offering features such as pre-boarding document collection and automated survey tools, Binder ensures that clients derive maximum value from their subscriptions. The platform's focus on reducing manual tasks and improving new hire integration positions it as a critical tool for organizations aiming to enhance their onboarding processes.

Who invested in BINDER

1 investor across 1 round

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Funding rounds

  1. Seed

    Jun 1, 2023

    Amount

    Undisclosed

    Investors

    Locked

Questions about BINDER

Who invested in BINDER?

BINDER has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has BINDER raised?

BINDER has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did BINDER last raise money?

BINDER's most recent round on record is a Seed, in Jun 2023.

What does BINDER do?

, trading under the name Binder, is a South Korean company specializing in innovative employee onboarding solutions that enhance organizational efficiency and streamline HR processes for diverse industries.

Where is BINDER headquartered?

BINDER is headquartered in Seoul, South Korea.

Which VCs invest in companies like BINDER?

Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at BINDER's stage. Their profiles are linked below.

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