Announced

Completed

ADP completed the investment in Cocoon.

Synopsis

ADP, an American provider of human resources management software and services, completed the investment in Cocoon, a leave management software firm. Financial terms were not disclosed. "ADP Ventures invests in startups focused on technology that enhances the human experience. We believe in Cocoon’s team and are excited about the innovative experience they have built for leave and absence. And we are also thrilled to have them join the ADP Marketplace," Usman Khan, ADP SVP.

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