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HR tech platform PerkSpot receives $50M investment from SGE

PerkSpot, a Chicago-based human resources technology platform, received $50 million in funding from Susquehanna Growth Equity LLC.

The funding was the first instance of an outside investment in the company. PerkSpot will use the investment to expand its product suite and enhance services.

"This investment is a testament to our employee-focused product strategy, and we look forward to the opportunity it brings by growing our team and product suite to provide even more benefits to employees in the future," PerkSpot CEO Jace Mouse said in a statement.