HR Technology Startup EmployStream Raises $1 Million

EmployStream closed $1 million in seed financing, led by JumpStart and North Coast Angel Fund.

EmployStream is a SaaS platform that automates the hiring and onboarding process for new employees. It was developed to serve the unique needs and compliance concerns of high-volume employers, including temporary and contract staffing companies.

In its announcement, the company said the investment will allow EmployStream to ramp up product development, sales and marketing.