4 years ago
Personio Raises $270 Million to Transform HR with People Workflow Automation
Munich-based HR tech company Personio has raised $270 million in a Series E funding round, valuing the company at $6.3 billion
The round was led by Greenoaks Capital Partners, with participation from Altimeter Capital, Alkeon, and existing investors
The funding will support Personio's product development, particularly in People Workflow Automation, and fuel its growth in the UK market.
ProblemTechnology
"Small- and medium-sized companies struggle with inefficient and opaque HR processes, leading to wasted time, delays, and missed opportunities."
Solution
"Personio offers an all-in-one HR software solution that automates people processes across various applications and teams, streamlining workflows, and freeing up HR teams to focus on more strategic tasks."