Sense valued at $500 million

I invested in hiring platform Sense in 2015 and it’s exciting to see their progress. Today they announced a new round of funding led by Softbank, at a $500 million valuation.

Sense, an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told TechCrunch.

The San Francisco-headquartered startup has raised $50 million in its Series D financing round, it said. SoftBank Vision Fund 2 led the financing round, pushing the five-and-a-half-year-old startup’s to-date raise to $90 million. The multiple-fold surge in the valuation comes just six months after Sense closed its Series C round, TechCrunch has learned.

Sense focuses on catering to the blue-collar workers and helps firms manage the talent’s entire lifecycle at the firm.

Read more at TechCrunch.