INSUBCONTINENT EXCLUSIVE:
Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel
I understand the investment values the company at around $500 million.Also joining is Lightspeed Venture Partners, alongside Lars Dalgaard
(the founder and former CEO of SuccessFactors)
and Ireland, which is also being announced today
This will see Personio establish a new office in London to better serve clients in the U.K
Personio says its customer base has tripled in the past twelve months, and says it now serves almost 2,000 customers in more than 40
In the same period, the number of employees at Personio has more than doubled to over 350
That figure is set to reach 700 employees by the end of 2020.Along with traditional SMEs, Personio has naturally found a home amongst
yet unpublished study from Germany
Personio automates repetitive tasks and thus gives HR staff time for value-adding tasks
This is an invaluable advantage that has already convinced several U.K
