Great Hill Partners to invest $55m in eloomi.

Great Hill Partners, a private equity firm, agreed to invest $55m in eloomi, a global cloud-based people development software company. Great Hill Partners joins the group of existing investors in eloomi, including Claus Johansen, Kennet Partners, and VF Ventures. "Through upskilling and development of their people, our customers achieve substantial benefits with eloomi, such as increased motivation, engagement, and productivity, often resulting in increased employee retention rates. Great Hill has an established and proven track record of partnering with companies like ours, specifically within the HR software space, and we’re pleased to have them as strategic investors to support our continued growth," Claus Johansen, eloomi Founder and CEO.