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Venture Capital News: Zuman Pulls in $4M

Zuman today announced the completion of a $4 million Series A round of funding.
Zuman, the leading premium single-source solution for human resources, payroll, and benefits administration for growing companies with high-value employees today announced the completion of a $4 million Series A round of funding. The round was led by existing and new investors.

The company will use the funds to continue to grow sales, service, and engineering teams to respond to the significant demand for its products and services. 'Zuman is uniquely positioned in the marketplace with the combination of our customer-centric software plus expert, concierge services,' said Doug Devlin, CEO of Zuman. 'We founded the company three years ago because we identified a real market gap for integrated human resource outsourcing. To thrive in today's business environment companies need to shift from traditional gut-based decision making to a data-driven, employee-centric mindset for human resources. This is what people operations is all about. Today, our clients are making better strategic decisions based on the visibility and insights our software and service platform delivers.'

Zuman was purpose built for the modern human resource, finance, and payroll professionals who want to accelerate people operations and improve business performance.

About Zuman

Zuman was founded in 2012 by industry leaders that worked together for over a decade in the HR outsourcing industry. Together, they were instrumental in successfully creating and bringing to market solutions that changed the way businesses handled HR. Today, the team focuses on the new industry challenges and technology expectations facing the modern workforce, providing a new, unified outsourced HR solution to replace siloed point products. Zuman's employees have extensive experience in designing, developing, and managing HR software, processes, and services for thousands of high-growth companies throughout the United States. This allows Zuman to provide unprecedented, expert support to clients while continuing to develop customer-centric solutions that simplify and streamline people operations.
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