How Much Did Gem Raise? Headquarters, Funding & Key Investors

Gem has raised a total of $148 million across three funding rounds, including a $100 million Series C in September 2021, led by Iconiq Capital, Sapphire Ventures, Greylock, Accel, and Meritech, which has resulted in a $1.2 billion valuation. Earlier rounds include $37M Series B in 2020 and $9M Series A in 2019. Founded in 2017 by Nick Bushak and Steven Bartel, Gem provides innovative recruitment management solutions that integrate email, analytics, and ATS systems. The company’s investor list reflects deep confidence in its role in transforming global talent acquisition.

How Much Did Gem Raise? Funding & Key Investors

Gem is a leading online recruitment management platform that enhances hiring processes through data-driven insights and automation. Founded in 2017 by Nick Bushak and Steven Bartel, the company is headquartered in Rancho Santa Margarita, United States, with a team of around 100 employees. Its features, such as email tracking, team analytics, diversity insights, and content performance metrics, help recruiters streamline outreach and make better, faster hiring decisions. Gem integrates seamlessly with Gmail, Outlook, and major applicant tracking systems, becoming a trusted tool for modern HR teams.

What Is Gem and What Does It Do?

Gem is a Series C HRTech company that provides cloud-based recruitment management solutions for fast-scaling organizations. Founded in 2017 by Nick Bushak and Steven Bartel, the company operates from Rancho Santa Margarita, United States, with a team of approximately 101 employees. The platform supports email tracking, analytics, diversity tracking, and content optimization while integrating directly with Gmail, Outlook, and ATS software. By offering unified talent data and outreach automation, Gem empowers companies to hire efficiently and inclusively.

How Much Funding Has Gem Raised?

*Series C Round* • Amount Raised: $100M
• Date: September 2021
• Lead Investors: Iconiq Capital, Sapphire Ventures, Greylock, Accel, Meritech
• Motivation: To accelerate product innovation, expand globally, and solidify its position in the HRTech ecosystem.
*Series B* • Amount Raised: $37M
• Date: July 2020
• Lead Investors: Greylock, Accel
• Motivation: To scale its recruitment automation tools and expand integration capabilities across major ATS platforms.
*Series A* • Amount Raised: $9M
• Date: March 2019
• Lead Investors: Accel
• Motivation: To enhance core analytics infrastructure and strengthen HR data management features.

Total Funding Raised: $148 Million

Current Valuation: $1.2 Billion (as of September 2021)

Latest Funding Date: September 2021

Key Investors

*Accel* • Details: Global venture capital firm known for backing early-stage technology startups.
• Investment Focus Areas: SaaS, cloud computing, and HRTech.
• Notable Investments: Slack, Dropbox, Facebook, Atlassian.
*Sapphire Ventures* • Details: Growth-stage venture capital firm investing in transformative technology companies.
• Investment Focus Areas: Enterprise software, cloud, and data analytics.
• Notable Investments: Square, Box, and Sumo Logic.
*Greylock Partners* • Details: Prominent VC firm backing tech founders at seed to growth stages.
• Investment Focus Areas: Consumer and enterprise software.
• Notable Investments: Airbnb, LinkedIn, Coinbase.
*Meritech Capital Partners* • Details: Late-stage venture capital firm focused on proven, high-growth startups.
• Investment Focus Areas: SaaS, fintech, and enterprise technology.
• Notable Investments: Snowflake, Datadog, Roblox.
*Iconiq Capital* • Details: Private investment firm and multi-family office managing assets for top tech entrepreneurs.
• Investment Focus Areas: Growth-stage tech, SaaS, and fintech.
• Notable Investments: Airbnb, Zoom, and Robinhood.

Where Is Gem’s Headquarters?

Gem is headquartered in Rancho Santa Margarita, California, United States, a strategic base near major technology hubs like Los Angeles and Silicon Valley. This location gives the company access to top-tier tech talent, venture ecosystems, and enterprise clients. The area’s business-friendly climate and proximity to startup innovation centers further enable Gem to scale its HRTech solutions across North America and beyond.

What’s Next for Gem?

Gem plans to advance its AI-powered recruitment analytics and strengthen integrations across HR systems. The company is also exploring global expansion to support enterprise hiring in Europe and Asia. With continued backing from investors like Accel and Sapphire Ventures, Gem aims to refine data intelligence for diversity and inclusion, making recruiting smarter, faster, and more equitable worldwide.

Get Investor & Funding Insights with TexAu

TexAu helps sales and business teams uncover detailed fundraising information on companies like Gem. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.