Thoma Bravo Invests in Tanda to Support Growth
Thoma Bravo has made a strategic growth investment in Tanda, an Australian-based workforce management platform for shift-based workers. The funding aims to accelerate product innovation and global expansion, including the development of AI capabilities. Tanda's co-founders will retain significant ownership and leadership roles under CEO Jake Phillpot. Tanda serves approximately 8,000 businesses across industries such as hospitality, retail, healthcare, and quick-service restaurants with its integrated platform for recruiting, rostering, payroll, and compliance management. The company has operated without external capital since its founding in 2012 but now seeks to scale further by partnering with Thoma Bravo. Thoma Bravo praised Tanda's market leadership, customer loyalty, and product-first approach under the co-founders' guidance. Both parties expressed confidence that this partnership will help position Tanda as a global leader in AI-native workforce management solutions for shift-based employers.
Topics: HR technology software investment workforce management