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Announced

Completed

Susquehanna Growth Equity led a $60m Series D round in HackerRank.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Employment

Friendly

Completed

Recruiting

Domestic

Single Bidder

internet of things

Venture Capital

Outsourced HR and Staffing

Private Equity

United States

Acquisition

Minority

Private

Synopsis

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Susquehanna Growth Equity, a private equity and venture capital firm, led a $60m Series D round in HackerRank, a company which helps businesses attract, evaluate and hire the best technical talent from around the world, with participation from JMI, Khosla Ventures, Randstad Innovation Fund and Recruit Holdings. "The technical hiring market is at a pivotal moment, as companies around the world struggle to scale recruitment efforts in one of the most competitive labor markets we have ever seen. Paired with the explosive growth of remote work, HackerRank has solidified itself as the gold standard for skills-based hiring in the developer community," Martin Angert, Susquehanna Growth Equity Managing Director.

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