{"id":44403,"date":"2019-01-23T16:04:09","date_gmt":"2019-01-23T15:04:09","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=44403"},"modified":"2019-01-23T13:39:53","modified_gmt":"2019-01-23T12:39:53","slug":"personio-40-million-investment","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/44403\/personio-40-million-investment\/","title":{"rendered":"HR startup Personio receives $40 million investment"},"content":{"rendered":"<div class=\"entry-content\"><p><strong>Personio has closed a $40 million Series B financing round. The Munich-based startup offers an HR software solution for small and medium-sized businesses.<\/strong><\/p>\n<p>The technology investor Index Ventures, which has investments in companies such as Dropbox, Slack and Zendesk, is increasing its <a href=\"\/en\/16861\/portrait-personio\/\">Munich HR startup<\/a> Existing investors Northzone and Global Founders Capital are also participating in the round.<\/p>\n<p>With this investment, the Munich-based company aims to drive the further development of its cloud-based software. According to the company, over 1,000 customers use the software for their HR and recruiting processes. A total of more than 150,000 employees and several hundred thousand applicants are already managed with Personio. The system is designed to make HR processes in companies more efficient and transparent. <strong>Hanno Renner<\/strong>, Co-founder and CEO of Personio, says:<\/p>\n<blockquote><p>&quot;With this investment, we are able to continue our steep growth trajectory. I am pleased that we can simplify the daily work of so many HR professionals and provide real added value on the path to becoming a modern organization. We will use the investment to develop the best solution for existing and future customers.&quot;<\/p><\/blockquote>\n<h3>Personio already employs 150 people<\/h3>\n<p>In 2019, Personio plans to expand into additional European markets, Renner says, and become the leading HR software solution for small and medium-sized businesses in Europe. He says:<\/p>\n<blockquote><p>\u201cOur international team, currently comprising 150 employees from 27 nations, has more than doubled in size in the last year and will continue to grow in all areas.\u201d<\/p><\/blockquote>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Personio has closed a $40 million Series B financing round. The Munich-based startup offers an HR software solution for small and medium-sized businesses. Technology investor Index Ventures, which holds investments in companies such as Dropbox, Slack, and Zendesk, is investing in the Munich-based HR startup. Previous investors Northzone and Global Founders Capital...<\/p>","protected":false},"author":26,"featured_media":44404,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5633,1],"tags":[52,336,1847],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HR-Startup Personio erh\u00e4lt 40 Millionen Dollar Investment - Munich Startup<\/title>\n<meta name=\"description\" content=\"Personio\u00a0 hat eine Series-B-Finanzierungsrunde in H\u00f6he von 40 Millionen US-Dollar abgeschlossen.\u00a0Das M\u00fcnchner Startup bietet eine HR-Softwarel\u00f6sung an.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/44403\/personio-40-million-investment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HR-Startup Personio erh\u00e4lt 40 Millionen Dollar Investment - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Personio\u00a0 hat eine Series-B-Finanzierungsrunde in H\u00f6he von 40 Millionen US-Dollar abgeschlossen.\u00a0Das M\u00fcnchner Startup bietet eine HR-Softwarel\u00f6sung an.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/44403\/personio-40-million-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-23T15:04:09+00:00\" \/>\n<meta name=\"author\" content=\"Simon Tischer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Simon Tischer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/44403\/personio-40-millionen-investment\/\",\"url\":\"https:\/\/cms.munich-startup.net\/44403\/personio-40-millionen-investment\/\",\"name\":\"HR-Startup Personio erh\u00e4lt 40 Millionen Dollar Investment - 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