The Series B funding round, led by IVP, brings Deputy's total funding to more than $106 million and will be used to build out product and global team capabilities
Atlanta, November 28, 2018 - Atlanta-based workforce management software solution, Deputy, has closed a $81m USD Series B funding round to accelerate growth, transform the future of hourly-paid work through new, innovative products and build Australia's finest product and engineering team. The funding is Australia's largest Series B secured to date.
The fast-growing startup has more than one million users, and works with businesses like Amazon, Uber, Hubspot and Compass to empower their hourly paid workforce. Deputy gives employees and employers a simple-to-use software to help manage their time, scheduling and other critical workplace operations for hourly paid staff.
But that's just the tip of the iceberg. To date, Deputy has scheduled 200 million shifts, equating to over 1.2 billion hours of work and facilitated over $30 billion in payroll payments.
At Deputy, we're making the lives of employers easier. Taking away some of the administrative strain and giving them untold hours back to focus on what matters: running their businesses, or spending time with their families, said Deputy's CEO and co-founder Ashik Ahmed. We've had immense success up until now, but we're only just getting started.
There are 2.3 billion hourly paid workers in the world today, but too many of these are still managing their jobs in archaic ways. The opportunity here is huge: we envisage a day where every single shift being worked is powered by Deputy - and this funding allows us to build the best product and engineering team in the world that helps us get there.
Record breaking funding
Deputy's Series B funding round was led by Silicon Valley based venture capital firm IVP, known for its investment in startup successes, Dropbox, Snap, Slack and Twitter.
Alongside IVP, the funding round also attracted investment from OpenView, who led Deputy's $25m Series A round, with Australian VC firms Square Peg Capital and EVP also participating. The deal represents the largest Series B raise in Australian history and brings Deputy's total funding to date to $106 million.
On the investment, Ahmed said: Having the backing and endorsement of IVP is a testament to the work that the entire Deputy team has put in to positively impact the future of work. They've backed some of the most exciting generational software businesses, and we're delighted to be in such good company.
We're delighted with the investors who have backed Deputy: they're the perfect partners for us, and bring a considerable amount of knowledge and expertise to the table. Not only will their support enable Deputy to scale and expand into new and existing markets, but we'll be able to invest in enhancing our product to make real, tangible efficiency improvements to the way businesses operate globally, Ahmed said.
Eric Liaw, General Partner at IVP, who will join Deputy's board as part of the terms of the deal said:
IVP has a long history backing some of the most forward-thinking technology companies, many of which are solving some of the world's biggest problems, and Deputy certainly fits within that that criteria.
The future of work is transforming dramatically. In a trend that started decades ago, businesses and workers around the world are moving towards flexible, hourly-based work. While this offers both businesses and employers greater freedom, the coordination of shifts and schedules presents an increasingly complicated set of pain points for workers and businesses. Existing solutions are antiquated; paper timeclocks, whiteboards in the break room and spreadsheets are woefully inadequate for an increasingly mobile workforce. Deputy brings an incredibly simple and effective technology solution to make work easier for both workers and their employers.
What impressed us the most is the quality of Deputy's product. We spoke to many happy customers who were crying tears of joy at the benefits of Deputy. Hourly workers were similarly thrilled, they have more flexibility to work as many or as few shifts as they like, with more predictability. Business managers love the improved visibility and reliability, they now cannot imagine going back to the dark ages and operating their business without Deputy's suite of tools. We are excited to support Ashik, Steve and team as they work towards their goal of Every shift in the world on Deputy'.
An Australian startup success
Currently, Deputy has more than 200 employees across Australia, the US and the UK. But that's all about to change.
From a humble team of two in a back office in a southern Sydney suburb a decade ago, our team is now 200 strong. With our new partner investors on board, we will be nearly significantly growing our team globally, with the lion's share of headcount pegged for building out Australia's biggest and best engineering team as we rapidly continue to onboard leading tech talent from around the world, continued Ahmed.
With customers ranging in size, Ahmed says that this new funding round will allow Deputy to scale efficiently and effectively globally while enhancing its offerings simultaneously.
We now have over 90,000 businesses globally from small coffee shops in Sydney's suburbs, to behemoths like McDonalds in the US. One of the best things about Deputy is that it can be scaled from small and medium sized businesses to large enterprise accounts. There's a huge global demand for our platform, particularly as hourly paid employees account for two-thirds of the global workforce, Ahmed said.
The team at Deputy has built the ultimate employee management tool: simplifying scheduling, timesheets, tasks and w
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
07/10/2026
Dalet, a leading technology and service provider for media-rich organizations, today announced the latest Long-Term Supported (LTS) release of Dalet Flex. Build...
06/09/2026
June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...
19/08/2026
As the cost of IP nears price parity with traditional SDI, Reynolds argues that ...
19/08/2026
A private 5G bubble was chosen instead of traditional broadcast RF for the race ...
19/08/2026
(L-R) Rafael Manuel and Isabel Sicat attend the Filipi ana premiere during the 2026 Sundance Film Festival at The Ray Theatre on January 23, 2026, in Park Cit...
19/08/2026
Studio owners invited to have their say on rates cuts
The Music Producers Guild (MPG) are inviting UK-based studios to take part in an in-depth survey that ...
19/08/2026
Vintage-inspired desktop interface revealed
Harrison's latest hardware offering sees them head into the world of audio interfaces, delivering a 10-in/12...
19/08/2026
Granular effect remains locked to scale and tempo
Described as your dream granular effect , Minimal Audio's latest creation is capable of turning any s...
19/08/2026
First polyphonic SWAM instrument incoming
Audio Modeling's latest physical-modelling orchestral instrument is just around the corner, and is now availab...
19/08/2026
World Cup Games Generate 84 Billion Minutes Across FOX, Fox Sports 1 and NBCU...
19/08/2026
July brought typical peak-holiday drops in viewership, driven primarily by viewers stepping away from screens and a visible decline in reach across both traditi...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Henry joins BCE as the company accelerates its commercial strategy and expands its international presence across the media, broadcast and technology markets. He...
19/08/2026
iWedia, a leading provider of software solutions for connected TV devices, today announced a major milestone in Android platform optimization with the successfu...
19/08/2026
NTP Technology announces that ST 2110-30 audio-over-IP connectivity with AES67 and RAVENNA capabilities is now available for the brand's world-class audio i...
19/08/2026
Net Insight has been selected to provide its Nimbra platform by the service provider Big Blue Marble, formerly ORS Group, as the core media transport solution f...
19/08/2026
LiveU has supported Coventry City FC and several other top-flight UK football clubs through one of their most demanding live production challenges of the year, ...
19/08/2026
Nature Seekers Documentary Shot with Blackmagic URSA Cine 12K LF
Brie Clayton August 18, 2026
0 Comments
Filming endangered turtles required camera...
19/08/2026
Neyrinck Brings D-Control Consoles Back to Life on Apple Silicon with D-Control ...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
19/08/2026
Riedel Communications today announced that Edith Cowan University (ECU) in Perth, Australia, implemented a comprehensive communications infrastructure that brin...
19/08/2026
QuickLink, a leading provider of award-winning video production and remote guest contribution solutions, will spotlight a major leap forward in remote guest con...
19/08/2026
Integrated platform melds media asset management, playout automation and newsroom workflows
EMAM, PlayBox Neo and SNEWS have officially launched Nuvex, a conne...
19/08/2026
Screen Australia releases the Private Investment Toolkit to strengthen screen in...
19/08/2026
Do Aussies truly value local content? Unpacking Screen Currency 2026 with Deirdr...
19/08/2026
There's an early Christmas gift for Bookish fans, as UKTV confirms the re-commission of the hit U&alibi drama, created by and starring Mark Gatiss. Viewers ...
19/08/2026
Wednesday 19 August 2026
Sky gives sports fans the chance to watch multiple liv...
19/08/2026
On Saturday September 5 Katie Taylor will step into the ring for the fight of her life against Flora Pili in front of 80,000 fans in Croke Park. A legendary fig...
18/08/2026
SportStream 2026, a free three-day virtual event, will take place September 15-17. One registration provides access to all three days of live programming and on...
18/08/2026
BeckTV will introduce BeckFlow to the European market at IBC2026, demonstrated on the Providius stand (10.F53).
BeckFlow is a web-based schematic documentation...
18/08/2026
Boland Communications will introduce a SMPTE ST 2110 input option for its 4K monitors at IBC2026, along with a new 55-inch super-narrow bezel display for video ...
18/08/2026
Dolby Laboratories and the Seattle Seahawks have announced a partnership integrating Dolby OptiView into the Seahawks' live streaming coverage, making the S...
18/08/2026
For BMG Executive Producer of Sports Production, Graham Taylor, producing live s...
18/08/2026
TMRW Sports has appointed Rufus Hack as President of Golf, a newly created role in which he will lead the company's golf businesses including TGL presented ...
18/08/2026
SMT will provide race technology for FOX Sports' coverage of the Freedom 250 Grand Prix of Washington, D.C. on August 23, when the NTT INDYCAR SERIES races ...
18/08/2026
The live, YouTube-native roundtables combine fan voices, credentialed reporters,...
18/08/2026
Behind The Mic provides a roundup of recent news regarding on-air talent, includ...
18/08/2026
The industry legend sounds off on replacing the Heat's iconic Medusa score...
18/08/2026
William F. Rasmussen, the sports fan-turned broadcaster and entrepreneur whose out-of-the-box idea of a 24-hour cable sports network, ESPN, changed forever the ...
18/08/2026
DAZN Group has completed its acquisition of ViewLift, a provider of streaming and digital solutions for sports content owners. The acquisition was first announc...
18/08/2026
The American Association of Professional Baseball (AAPB) has added SI TV, Sports Illustrated's 24/7 streaming channel, as a broadcast partner for the remain...
18/08/2026
The Esports Foundation has announced that the inaugural Esports Nations Cup (ENC), originally scheduled for November 2026 in Riyadh, will be postponed to Novemb...
18/08/2026
Diversified has announced a new Global Managed Services Practice, consolidating the company's managed services capabilities into one organization. Rob Mello...
18/08/2026
Appear has completed a proof of concept with Thoroughbred Racing Productions (TRP), demonstrating multi-camera remote live production over bonded 5G cellular an...
The Series B funding round, led by IVP, brings Deputy's total funding to more than $106 million and will be used to build out product and global team capabilities
