Personio Raises $200M in Series E

Personio has successfully raised $200M in a Series E at a $8.5B valuation led by Greenoaks.

Company Overview

Personio is a HR Tech company headquartered in Munich, Germany, founded in 2015 with 1500+ employees.

HR operating system for Europe

Fundraising Details

• Amount Raised: $200M
• Round Type: Series E
• Valuation: $8.5B
• Date: 2024-03-01
• Investors: Greenoaks

About Personio

HR operating system for Europe The company is positioned in the HR Tech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Munich, Germany
• Founded: 2015
• Team Size: 1500+
• Industry: HR Tech

What This Means

This funding round demonstrates strong investor confidence in Personio's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HR Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Personio's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $8.5B valuation marks an important milestone for Personio, positioning the company among notable players in the HR Tech industry.

Looking Ahead

With this new capital, Personio is well-positioned to execute on its growth strategy and continue building innovative solutions in the HR Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-03-01. For more information about Personio, visit their headquarters at Munich, Germany.