Personio, an HR software provider for SMEs, raised $125M in Series D funding, valuing the company at $1.7 billion.
The funding led by Index Ventures and joined by Meritech will boost European expansion and product development.
Personio doubled its revenue in 2020 and aims to continue strong growth by enhancing its platform and expanding its workforce.
The company's mission focuses on streamlining HR processes to better manage people operations digitally for SMEs.
Personio's total investment exceeds $250 million, intensifying its role in the European software market.

Personio offers an integrated HR platform designed to improve people operations for HR teams and employees by digitizing processes, simplifying tasks, and optimizing performance across the employee lifecycle. Their solution encompasses recruitment, onboarding, payroll, performance management, and offboarding. The software aims to save time by automating administrative tasks and providing an enhanced user experience through a single system. Personio asserts that it can significantly increase efficiency, ensuring companies manage their HR processes more effectively. It supports over 180 integrations, offers strong data security, and promises a rapid return on investment along with expert support for organizations.

Personio

All-in-one HR software for operations, processes, and employee lifecycle management.

Personio Achieves $1.7B Valuation with Series D Funding

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