September 21, 2017

The Hartford invests in Calif. HR software firm

PHOTO | Contributed
PHOTO | Contributed
The Hartford's headquarters.

Property and casualty insurer The Hartford is the lead investor in a $3.5 million deal to finance market expansion for Flock, a San Francisco human resources software provider.

Flock said it raised the funding from multiple investors and will use it to accelerate expansion and further develop its human resources software for small-to-midsize businesses.

The Hartford's share of the contribution and the identities of other investors were not disclosed.

Flock's mission is to eliminate paperwork for employers and provide data-backed insights on their workforce and insurance benefits, said Flock's CEO and Founder Raj Singh.

The Hartford's Chief Strategy Officer John Wilcox said the company continues to invest in group and voluntary benefits capabilities through innovative technology and targeted partnerships like the one with Flock.

Free E-Newsletters

Sign up now for our daily and weekly
e-newsletters! Click Here

Today's Poll Is Connecticut a smart location for a second Amazon headquarters?<>
Most Popular on Facebook
Copyright 2017 New England Business Media