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Announced

Completed

Greenoaks Capital led a $270m Series E funding round in Personio.

Financials

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Transaction Value£198m
Consideration TypeCash
Capital Owned-
Capital Bid For4%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Venture Capital

Private Equity

Private

software development

Software

Germany

Completed

Friendly

Acquisition

Cross Border

recruiting software

Synopsis

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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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