|Company Name||Fund Raised||Led By||CEO/Co-Founder||Valuation|
|Personio||$270M||Greenoaks Capital Partners||Hanno Renner||$6.3B|
The software company Personio has made it easy for small-scale companies by creating software that would simplify their HR management processes. The company succeeded in closing the funding to $270M. The round which made it possible was led by Greenoaks Capital Partners and other participants like Alkeon, Altimeter Capital, Accel, Northzone and Global Founders Capital, Index Ventures, Lightspeed, and Meritech. The company valuation in this round reached about $6.3B.
Also, read Tipalti 270m series 150m 2b Octoberann
The company CEO, Hanno Renner aims to enhance and expand their HR functions and grow more related tools for the SMEs. Their work in this field has made them lead the category of People Workflow Automation. The CEO now wishes to help “HR teams go beyond HR”.