Announced
Completed
Financials
Sources
Tags
Minority
Venture Capital
Private Equity
Private
software development
Software
Germany
Completed
Friendly
Acquisition
Cross Border
recruiting software
Synopsis
Greenoaks Capital, an investment company, led a $270m Series E funding round in Personio, a firm that automates and simplifies your HR tasks. Additional investors include Altimeter Capital, Alkeon, Index Ventures, Accel, Meritech, Lightspeed, Northzone and Global Founders Capital. “This investment highlights the continued fast growth of the business and the immense market potential, but also the belief in our vision for the future of HR tech. While I consider this funding a major milestone, we are still at the very beginning of our journey. Now we want to help HR teams go beyond HR. Launching the People Workflow Automation category is a big step forward along this path, serving the most important asset of any business, its people. We are excited to see Europe’s SMEs thrive as they make use of this technology," Hanno Renner, Personio Co-Founder and CEO.
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