Munich-based HR scaleup Personio lands €103.5 million funding and €1.4 billion valuation

Munich-based Personio, the all-in-one HR platform, today announces approx. €103.5 million of new and preemptive Series D funding in an investment round that values the business at around €1.4 billion.
The new funding will accelerate further the scaleup’s international expansion, supporting its ambition of becoming Europe’s leading HR platform for SMEs. It follows a strong year of growth for the business in 2020, which saw it double revenues despite adverse market conditions.
Founded in 2015, Personio offers an all-in-one HR software for small- and medium-sized companies with 10 to 2,000 employees. Its mission is to make HR processes as transparent and efficient as possible so human resources team members can focus on the most valuable assets in the company: the people. Personio’s software includes human resources, recruiting and payroll and supports all core HR processes every business needs to do. Personio is already helping more than 3,000 SMEs across Europe unlock their productive potential by digitizing and automating their people operations.

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