An HR technology firm has announced intentions to expand into the UK market, following a successful funding round.
With a substantial €1.3 million raised, the firm aims to revolutionise employee onboarding processes.
The HR tech firm has secured €1.3 million in a recent investment round. The round was led by TIIN Capital and featured contributions from several angel investors. TIIN Capital had previously invested €500,000 in the firm during its first seed round.
The company’s onboarding platform has been adopted by over a hundred employers. Multinationals such as Bacardi, Staples, and BNP Paribas are utilising the platform to improve employee retention and productivity.
Investments will be directed toward product development, including enhancements to the firm’s Onboarding Chatbot.
“We couldn’t be more grateful to TIIN Capital for their continued trust and for helping us further accelerate our business growth, only one year after their first investment,” he said.
“Seeing the company’s success after our first investment, it was an easy decision to give the green light for a second funding round,” he said.
The firm’s expansion into new markets signifies increased competition and innovation within the HR tech landscape.
The firm’s strategic focus on the UK and French markets highlights its ambition to establish a strong international presence.
This expansion is poised to drive further growth and innovation within the HR technology sector.
The successful funding round marks a significant milestone for the HR tech firm. With the new investment, the firm is set to expand its innovative solutions into the UK, promising to reshape employee onboarding processes.
This expansion is poised to drive further growth and innovation within the HR technology sector.