Employment Hero Pty Ltd announced that it has received AUD 263 million in a round of funding led by new investor, TCMI Inc. on October 18, 2023. The transaction included participation from returning investors, OneVentures Pty Ltd, Insight Venture Management, LLC, AirTree Ventures Pty. Limited, and SEEK Limited.

The company has raised AUD 650 million funding till date. The round is raised at a post-money valuation of AUD 2,130 million. The transaction is remains subject to approval by the foreign investment review board.