HiBob  has announced its acquisition of Mosaic, a leading Financial Planning and Analysis (FP&A) platform, to bridge the gap between HR and finance for mid-sized businesses. This integration will empower companies with real-time insights that connect workforce strategies with financial performance, enabling CFOs and HR leaders to align planning, budgeting, and compensation strategies for smarter decision-making. Mosaic’s best-in-class FP&A tools will soon be available within HiBob’s platform, offering scenario planning, financial forecasting, and productivity tracking in one unified system.

[New York, February 12, 2025] – HiBob , a leading provider of Human Capital Management (HCM) solutions, has announced its acquisition of Mosaic, a U.S.-based Financial Planning and Analysis (FP&A) platform, in a deal valued at $35 million (pending closing conditions). This acquisition marks a significant step in bridging HR and finance, enabling mid-market companies to integrate workforce planning with financial forecasting for data-driven, strategic decision-making.

Bridging HR and Finance: A Unified Solution for Businesses

Historically, HR and finance functions have operated in silos, making it difficult for companies to align talent strategy with financial performance. With the acquisition of Mosaic, HiBob aims to break down these barriers by incorporating real-time financial planning, compensation management, and workforce analytics into its flagship HCM platform, Bob.

Ronni Zehavi, CEO and Co-Founder of HiBob, emphasized the importance of this integration:

“Employees are a company’s most valuable asset, and managing them effectively requires flexible technology that aligns HR and business objectives. By integrating Mosaic’s FP&A expertise into HiBob, we are providing CFOs and HR leaders with a unified platform to make smarter, people-first business decisions.”

Joe Garafalo, Co-Founder and COO of Mosaic, expressed enthusiasm about the partnership:

“From day one, our mission at Mosaic has been to make financial planning dynamic, data-driven, and people-centric. By joining forces with HiBob, we are taking this mission to the next level—helping CFOs and HR teams collaborate more effectively, make better financial decisions, and scale their businesses strategically.”

Why This $35 Million Deal Matters

The acquisition of Mosaic follows HiBob’s broader expansion strategy to integrate HR and financial technology solutions. In early 2024, HiBob acquired Pento, a UK-based payroll management platform, for $40 million, reinforcing its presence in global payroll and compensation management.

With this latest acquisition, HiBob is further expanding beyond traditional HR tech by incorporating financial modeling, budget forecasting, and workforce productivity insights—allowing companies to better manage their people and financial resources in a single ecosystem.

HiBob has raised $570 million in funding to date and is valued at approximately $3 billion. Following this deal, Mosaic’s 70 employees will join HiBob’s global workforce of 1,300 employees, strengthening its development of FP&A capabilities.

Industry Impact and Future Outlook

HiBob’s acquisition of Mosaic underscores a growing market shift toward integrated workforce and financial planning solutions. As companies increasingly rely on AI-powered analytics and automation, the demand for holistic, real-time decision-making platforms is rising.

With Mosaic’s FP&A tools being embedded into Bob, businesses will gain a comprehensive view of workforce costs, productivity, and financial impact—streamlining budgeting, compensation planning, and talent investments. Over time, HiBob is expected to introduce new predictive analytics and AI-driven tools to further enhance HR and finance collaboration.

Industry analysts suggest that this move could solidify HiBob’s position as a leader in next-generation HR and financial technology, helping mid-sized companies optimize business performance through smarter, data-driven workforce planning.

About HiBob

HiBob is on a mission to transform how organizations operate in the modern world of work with its HR platform Bob. It  offers resilient, agile technology that wraps all the complexities of HR processes into a game changing, user-friendly tool that touches every employee across the business. Used by more than 4400 multinational companies to accelerate hiring, retain the best talent and elevate employee engagement. www.hibob.com.