Announced
Completed
Financials
Sources
Tags
Single Bidder
Private
Private Equity
Cross Border
Venture Capital
Acquisition
Completed
Friendly
recruiting software
software development
Software
Germany
Minority
Synopsis
Greenoaks Capital, a global investment firm, led a $200m Series E funding round in Personio, a people operating system for small and medium-sized companies. “Our customers are the reason we exist and creating value for them is our first priority. We decided to raise the additional capital because we saw so many more ways to invest in our product that will increase the value we can provide. Those expansions will all be embedded into People Workflow Automation, which allows customers to automate workflows based on events in the employee lifecycle, from promotions and location changes to holiday requests. By continuing to focus on this strategy we expect to continue our strong growth trajectory and accelerate into 2022 and 2023, while providing customers with a great service that enhances the efficiency of their businesses,” Hanno Renner, Personio Co-Founder and CEO.
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