Bambee
Bambee is an HR technology platform that offers services to small and medium-sized businesses. The company is particularly adept at providing automated solutions to typical HR problems which, in turn, tend to address the needs of smaller companies that often either don’t have a dedicated HR manager or have those resources spread too thin.
What is Bambee’s mission?
Bambee’s mission statement is “to make HR simple for small and medium-sized businesses”. The company aims to provide businesses with easy-to-use, affordable, and comprehensive HR solutions that help them manage their employees effectively and comply with employment laws and regulations.
In addition to its mission statement, Bambee has several goals that it aims to achieve, including:
- Simplifying HR for businesses: Bambee aims to simplify HR for businesses by providing them with easy-to-use HR tools, expert guidance, and support. The company wants to make HR accessible to businesses of all sizes, regardless of their level of expertise.
- Empowering employees: Bambee believes that empowered employees are essential to a business’s success. The company aims to provide businesses with the tools they need to manage their employees effectively, from onboarding to performance management and career development.
- Fostering a culture of compliance: Bambee recognizes the importance of compliance in HR. The company aims to help businesses stay compliant with federal and state employment laws and regulations by providing expert guidance and support.
Driving business growth: Bambee understands that HR is critical to business growth. The company aims to help businesses grow by providing them with the HR solutions they need to attract, retain, and develop top talent.
Bambee Founder and Origin Story
The company was founded in California in 2016 by Allan Jones, its current CEO. Jones wanted to provide accessible and affordable HR services to small businesses that might not have the resources to maintain an in-house HR department or hire a full-time HR professional.
Jones recognized that many small business owners struggle to navigate the complex and ever-changing landscape of HR compliance, which can leave them vulnerable to costly legal penalties.
To address this problem, Jones assembled a team of HR professionals and employment lawyers to create Bambee’s platform, which offers a range of HR services, including HR consulting, employee handbooks, compliance posters, and legal support.
What is it like to work at Bambee?
Website Compararably rated Bambee a B+ using employee-provided data (highest rating score being A+) while reporting 94% reviews as possible. Bambee’s CEO, Allan Jones, scored 84/100.
When inquired about its leadership and company culture, here’s what Bambee had to say:
Bambee’s leadership style is characterized by a focus on collaboration, transparency, and empowering employees to make decisions. The company’s founder and CEO, Allan Jones, has stated that he values a “flat” organizational structure, where everyone has a voice and ideas are evaluated on their merits rather than based on hierarchy.
In terms of company culture, Bambee values a supportive and inclusive environment where everyone is encouraged to take ownership of their work and contribute to the company’s mission. The company places a strong emphasis on transparency and open communication, with regular town hall meetings and opportunities for feedback and discussion.
Bambee also prioritizes work-life balance and employee well-being, with policies such as unlimited paid time off and a flexible work schedule. The company encourages employees to pursue their passions and interests outside of work, and provides opportunities for professional development and growth.
Overall, Bambee’s leadership style and company culture reflect a commitment to collaboration, transparency, and empowering employees to do their best work. By prioritizing the well-being and development of its employees, Bambee has created a positive and supportive workplace that fosters innovation and growth.
Does Bambee operate internationally?
No. Bambee’s headquarters are located in Los Angeles, California, and the company has since grown to serve over 20,000 small businesses across the United States. It does not operate internationally.
Bambee Product Offering Overview
Under this section, we dive deeper into Bambee’s product offering, including what services it includes, pricing for each of its products and some of the key benefits that users can expect from using it.
What services does Bambee provide?
Bambee provides a number of HR services, including:
- Bambee’s HR Compliance Assist is a service that helps businesses stay compliant with federal and state employment regulations. This includes assistance with HR audits, employee classification, recordkeeping, and other compliance-related issues. HR Compliance Assist provides businesses with peace of mind, knowing that they are following the law and avoiding costly legal disputes.
- Bambee’s HR Manager enables businesses to manage their HR functions more efficiently through features such as employee recordkeeping, time off tracking, performance reviews, and compliance management. HR Manager provides businesses with a centralized location for all their HR information, making it easy to access and manage.
- Bambee’s On-Demand HR Support provides businesses with access to a team of HR professionals who can answer their HR-related questions and provide guidance. This service is available via phone, email, or chat, and businesses can use it as much or as little as they need.
- Bambee’s Custom Employee Handbooks service provides businesses with a fully customized employee handbook that reflects their unique policies and procedures. This includes policies related to workplace conduct, benefits, time off, and other HR-related topics, which help businesses ensure that their employees understand their expectations and comply with their policies.
Key benefits of Bambee
- Accessibility: the platform provides affordable and accessible HR support to small businesses that may not have the resources to hire dedicated HR staff. This makes it easier for small businesses to manage HR tasks and stay compliant with regulations.
- Customization: products are designed to be customizable, allowing businesses to create HR workflows and processes that align with their unique needs and culture. This level of customization is often not available with traditional HR solutions, which may be more rigid or standardized.
- Automation: the platform uses automation and machine learning to streamline HR processes and reduce the administrative burden on businesses. This includes features like automated compliance alerts and custom onboarding workflows, which can save businesses time and effort.
- Comprehensive Support: the platform provides comprehensive HR support, including compliance monitoring, employee relations guidance, and custom HR workflows. This all-in-one approach simplifies HR management for small businesses, who may otherwise need to juggle multiple tools and services to meet their HR needs.
- Scalability: Bambee’s platform is designed to be scalable, meaning that it can grow with businesses as they expand and their HR needs become more complex.
Pricing
Bambee charges a flat monthly rate, calculated based on the number of employees plus a one-off set-up fee. Pricing starts at $99. Billing begins as soon as you sign-up for a plan. There’s no fee for companies with zero employees (i.e., that haven’t begun hiring). As of May 2023, pricing is as follows:
| Number of employees: | Price |
| 0 employees | $99 per month |
| 1-4 employees | $299 per month + $500 set-up fee |
| 5-19 employees | $399 per month + $500 set-up fee |
| 20-49 employees | $699 per month + $500 set-up fee |
| 50-99 employees | $1,299 per month + $500 set-up fee |
| 100-149 employees | $2,499 per month + $500 set-up fee |
| 150-249 employees | $3,699 per month + $500 set-up fee |
| 250+ employees | Pricing upon request custom-tailored |
Features
Below are some of the tools featured in Bambee’s platform:
- HR Document Creation: employee handbooks, job offer letters, and termination letters.
- Recordkeeping: organizing and maintaining employee records, including personal information, employment history, performance evaluations, and more. It assists in creating a centralized HR database for easy access and management.
- Payroll Processing: automating calculations and generating paychecks for employees. It handles tasks such as calculating wages, factoring in deductions and taxes, and producing pay stubs.
- Tax Compliance: payroll-related tax obligations. It assists with tax withholding, reporting, and remittance, reducing the burden of payroll tax compliance.
- Direct Deposits: enables businesses to offer direct deposit options to their employees. This allows for convenient and timely payment of wages directly into employees’ bank accounts.
- Payroll Reporting: reports and summaries related to payroll, including information about wages, taxes, and deductions which can be used for accounting, auditing, and financial analysis purposes.
Where is Bambee headquartered?
Bambee is headquartered at 755 S Los Angeles St 4th Floor, Los Angeles, CA 90014, USA
Accreditation, Compliance and Regulatory
Bambee is accredited by the Better Business Bureau and has a B+ rating with the agency[1].
The company claims compliance with the following employment and labour standards[2]:
- Department of Labor (DOL): Bambee is compliant with DOL regulations, which regulate workplace practices and provide oversight for employee rights and benefits.
- Internal Revenue Service (IRS): Bambee is compliant with IRS regulations, which regulate tax obligations and payroll processes for businesses.
The company also advises businesses on a number of labour and employment best practices, including:
- Fair Labor Standards Act (FLSA): Bambee helps businesses stay compliant with the FLSA, which establishes minimum wage, overtime pay, recordkeeping, and child labour standards for employees in the United States.
- Equal Employment Opportunity Commission (EEOC): Bambee provides guidance to businesses on compliance with EEOC regulations, which prohibit discrimination on the basis of race, colour, religion, sex, national origin, age, disability, or genetic information.
- Occupational Safety and Health Administration (OSHA): Bambee helps businesses comply with OSHA regulations, which establish standards for workplace safety and health.
Company Timeline
| Year | Milestone |
| 2016 | Bambee is founded in Venice Beach, California |
| 2017 | Bambee raises $1.5 million in seed funding from investors including Bloomberg Beta and Upside Partnership. It also launches its first HR compliance product. |
| 2018 | Raises $4.5 million in a Series A funding round led by Bloomberg Beta and Alpha Edison. |
| 2018 | Bambee expands its product offerings to include new features such as time-off tracking and HR consulting services. |
| 2018 | Bambee partners with Trinet, a leading provider of HR outsourcing solutions. |
| 2019 | Launches an HR compliance dashboard, providing businesses with real-time visibility into their compliance status |
| 2019 | Introduces custom onboarding and offboarding workflows, streamlining the employee onboarding process |
| 2020 | Raises $15 million in a Series B funding round led by QED Investors. |
| 2020 | Acquires BirdDogHR, a provider of talent management software. It also expands its product offerings to include new features such as a performance management tool and a workplace safety program. |
| 2020 | Partners with Zenefits, a leading provider of HR software for small businesses. The partnership enables Zenefits customers to access Bambee’s HR compliance and support services directly from the Zenefits platform. |
| 2021 | Acquires Emptech, a provider of HR and payroll software for small businesses. This acquisition further expanded Bambee’s product offerings and allowed the company to offer a more comprehensive suite of HR services. |
| 2021 | It launches a new product, Bambee Benefits, providing businesses with access to affordable health insurance and other benefits. It also expands its service offerings to include HR consulting services for businesses in industries such as healthcare and construction. |
| 2022 | Raises $30 million in a series C round from Gaingels, Mucker Capital, Qed and SoftBank. The company also becomes an honoree of the 2022 Power Partner Awards. |
Social Media Profiles
Bambee can be followed on several social media platforms, including:
Recognition and Awards
- Named to Inc.’s Inaugural 2022 Power Partner Awards
- Inc. 5000 Fastest-Growing Companies: named one of the fastest-growing private companies in America by Inc. Magazine in 2020 and 2021
- Ranked by Forbes as one of America’s best startup employers in 2020, 2021 & 2022
News mentions
- April 11, 2022
CEOs Look to Bambee for HR Help (LA Business Journal) - July 13, 2021
Bambee founder talks about entrenched fundraising challenges facing Black founders (TechCrunch)
Screenshots of Bambee Interface
Sources
- [1] Screenshot of certification taken in May 2023. This information was verified independently on the BBB website.
- [2] This information could not be verified independently.
- Additional note: all information is accurate based on data available as of May 2023.
