Investments
44Portfolio Exits
2Funds
2About Struck Capital
Struck Capital invests in both early and late stage venture companies led by visionary technologists. The firm partners with entrepreneurs who have an unrelenting desire to advance the human disposition.
Struck Capital Headquarter Location
2908 Colorado Avenue
Santa Monica, California, 90404,
United States
561-289-0486
Struck Capital Web Traffic
Struck Capital Rank
Latest Struck Capital News
May 25, 2022
Humi secures $31M Series B led by Kensington Capital Partners CPE News (5.25.2022) – Humi has raised $31 million in Series B funding led by Kensington Capital Partners, with continued participation from Tribe Capital and Struck Capital new investors Telus Ventures, Flex Capital, as well as Mike Dinsdale, former CFO of Gusto, and Rodney Dobson, former President of ADP Canada & UK. In connection with the financing, Liam Cheung, Managing Director at Kensington, has joined Humi board of directors. Founded by Kevin Kliman, Simon Bourgeois, Matt Loszak and Drew Millington, Toronto based Humi is a leading all-in-one HR platform that provides HR, payroll, insurance, and benefits solutions. Humi will use funding to further advance Humi’s software and help meet the growing demand for Humi’s products and services. Specifically, Humi will enhance its mobile experience and other employee-centric software features, like scheduling and integrated health benefits. photo credit: Humi Canada’s Leading All-In-One HR Platform, Humi, Closes $31M Series B Led by Kensington Capital Partners, funding will be used to further develop Humi’s platform to support employee-centric workplaces May 25, 2022 06:30 AM Eastern Daylight Time TORONTO–(BUSINESS WIRE)–Humi, Canada’s leading all-in-one HR platform that provides thousands of Canadian businesses with HR, payroll, insurance, and benefits solutions, today announces $31M CAD in financing. The raise was led by Kensington Capital Partners, with continued participation from Tribe Capital and Struck Capital while welcoming new investors Telus Ventures, Flex Capital, as well as Mike Dinsdale, former CFO of Gusto, and Rodney Dobson, former President of ADP Canada & UK. The funding will be used to further advance Humi’s software and help meet the growing demand for Humi’s products and services. Specifically, Humi will enhance its mobile experience and other employee-centric software features, like scheduling and integrated health benefits. “Since the beginning, Humi’s mission has been to make the lives of businesses and its employees easier,” said Simon Bourgeois, Co-Founder and CEO of Humi. “The way Canadian employers and employees operate has changed drastically over the past two years, and without the right technology, this change is next to impossible for companies to keep up with. Humi is proud to support Canadian businesses through this continued workplace evolution and enable further adoption of an employee-first approach to driving success.” Since Humi’s Series A of $15 million in August 2019, the company has seen incredible growth both internally and externally, with five times the number of employees on the platform and Humi’s net promoter score (NPS) increasing by four times. Humi’s focus remains on its people and building solutions to address employee recruitment, growth, and retention challenges. “I’ve spent significant time and energy focused on the HR software industry, and have been impressed to see how Humi is solving unique challenges in this space through it’s innovative technology,” said Mike Dinsdale, former CFO at Gusto. “We are still in the early innings of watching the HR software landscape evolve, and I’m excited to help unlock additional value for both business and their employees with my investment in Humi.” The pandemic has accelerated the evolution of Canada’s workplace. Unique workplace benefits have become table stakes, and typical workplace practices, like full in-office presence, have become a thing of the past. In order to keep up, businesses have had to adopt new technologies. Humi’s intuitive, all-encompassing platform has supported Canadian employers through this unexpected, accelerated evolution. Most notably, Humi has added additional product offerings including a Marketplace of employee benefits, business insurance, and a broader set of tools to support digital recruiting and onboarding of new employees. To continue its commitment to supporting businesses through this phase of growth, in 2021, Humi released its annual HR data report which revealed COVID-19’s continued impact on the workplace. The report highlighted the primary opportunities for companies to lead in the areas of compensation and benefits, equal pay, equity, diversity, and inclusion (EDI), and the complete employee experience. “We made the switch to Humi in 2021 and could not be more satisfied with our decision,” said Nicole Shea, HR Manager of Bitbuy. “As someone new to the Bitbuy team, I was responsible for managing the entire employee lifecycle from recruitment to onboarding, retention, and total rewards. With the ease and convenience of Humi’s platform, we were able to double our employees, growing our team to almost 100 employees with a near 0% turnover rate. Leveraging Humi’s applicant tracking system has created a seamless experience for our hiring managers to recruit across the company.” About Humi Humi is the leading all-in-one people solution for Canadian businesses. Serving companies nationwide, Humi supports and enables employers to take better care of their most important asset: their people. Before Humi, there was no truly unified solution that tied together all of the intricacies of employment for Canadian businesses. To learn more about Humi, visit, www.humi.ca About Kensington Capital Partners: Founded in 1996, Kensington Capital Partners Limited (“Kensington”) is an employee-owned, high-performing alternative investment firm with offices in Toronto, Vancouver, and Calgary. Our purpose is to build great businesses, and in doing so, create top-performing investment solutions for our investors. As of November 2021, Kensington has assets under management of $2.2 billion, managed across several active funds. Contacts
Struck Capital Investments
44 Investments
Struck Capital has made 44 investments. Their latest investment was in Backd as part of their Series A on June 6, 2022.
Struck Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/13/2022 | Series A | Backd | $3.5M | Yes | Advanced Blockchain, Apollo Capital, Divergence Ventures, Maven 11 Capital, Spartan Group, and Undisclosed Investors | 1 |
12/23/2021 | Seed VC | meez | $4.56M | Yes | 1 | |
11/24/2021 | Series B | Humi | $24.13M | Yes | 2 | |
11/10/2021 | Seed VC | |||||
11/4/2021 | Series C |
Date | 6/13/2022 | 12/23/2021 | 11/24/2021 | 11/10/2021 | 11/4/2021 |
---|---|---|---|---|---|
Round | Series A | Seed VC | Series B | Seed VC | Series C |
Company | Backd | meez | Humi | ||
Amount | $3.5M | $4.56M | $24.13M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Advanced Blockchain, Apollo Capital, Divergence Ventures, Maven 11 Capital, Spartan Group, and Undisclosed Investors | ||||
Sources | 1 | 1 | 2 |
Struck Capital Portfolio Exits
2 Portfolio Exits
Struck Capital has 2 portfolio exits. Their latest portfolio exit was Say on August 10, 2021.
Struck Capital Fund History
2 Fund Histories
Struck Capital has 2 funds, including Struck Capital Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Struck Capital Fund | 1 | ||||
Struck Capital Fund II |
Closing Date | ||
---|---|---|
Fund | Struck Capital Fund | Struck Capital Fund II |
Fund Type | ||
Status | ||
Amount | ||
Sources | 1 |
Struck Capital Team
2 Team Members
Struck Capital has 2 team members, including current Founder, Managing Partner, Adam B. Struck.
Name | Work History | Title | Status |
---|---|---|---|
Adam B. Struck | Kirkland & Ellis | Founder, Managing Partner | Current |
Yida Gao | Divergence Digital Currency, Morgan Stanley, J.P. Morgan & Co., McKinsey & Company, MIT Sloan, and Johnson Controls | General Partner | Former |
Name | Adam B. Struck | Yida Gao |
---|---|---|
Work History | Kirkland & Ellis | Divergence Digital Currency, Morgan Stanley, J.P. Morgan & Co., McKinsey & Company, MIT Sloan, and Johnson Controls |
Title | Founder, Managing Partner | General Partner |
Status | Current | Former |
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