In a bold move set to redefine the future of workforce and financial management, HiBob—the visionary Israeli company behind Bob, the world’s leading Human Capital Management (HCM) platform—has announced its acquisition of Mosaic, a cutting-edge, cloud-based Financial Planning and Analysis (FP&A) platform. Pending final closing conditions, this groundbreaking merger will create the first fully integrated solution empowering mid-market companies to unlock the true potential of their greatest asset: their people. By fusing workforce intelligence with financial insight, HiBob is poised to revolutionize how businesses optimize productivity, impact, and growth.
While the terms of the deal were not disclosed, Israeli publication Calcalist reported that the deal is estimated to be worth $35 million.
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HiBob said it will focus on maximizing product synergy between Mosaic and Bob, working to deepen the existing integration between the solutions and embed Mosaic’s planning capabilities into Bob to deliver maximum value. Mosaic’s existing customers will continue to be fully supported throughout the transition.
HiBob’s acquisition underscores its commitment to leading innovation for mid-sized businesses, delivering customized solutions for their unique needs. These businesses increasingly need to connect financial planning with workforce strategy, predicting the impact of investments on performance. Integrating HiBob’s robust people management platform with Mosaic’s advanced financial planning and analysis (FP&A) tools will give organizations real-time insights into how workforce productivity and engagement influence business outcomes. This leads to greater efficiency, cost reduction, and stronger alignment between HR and Finance for improved cross-functional decision-making.
Hibob was founded in 2015 to modernize HR tech. Hibob says that its intuitive and data-driven platform, bob, was built for the way people work today: globally, remotely, and collaboratively. Since its launch in late 2015, bob has achieved consecutive triple-digit year-over-year growth, and become the HRIS of choice for more than 1,000 modern, midsize and multinational companies who understand that a powerful, agile HR tech suite is mission critical and a key driver of organizational success.
“At HiBob, we’ve always believed that putting people first is how you put business first,” said Ronni Zehavi, CEO of HiBob. “By embedding Mosaic’s planning expertise in our platform, we’re introducing a fully integrated HR and financial planning solution that builds on our existing suite of workforce planning, compensation management, payroll, and analytics offerings. This new, integrated offering will help CFOs embrace a modern, people-first approach to managing their business, turning their workforce from a line item in their P&L into a strategic driver of growth. It marks an exciting step forward in bridging financial performance with human impact, giving managers and executives the visibility and tools they need to maximize their greatest asset: their people.”
