The number of funding rounds announced in July 2026 dropped a bit compared to June and are headlined by Skello's €200M growth funding (minority shareholder) by Bridgepoint. Beyond that mega-round, VC and angel rounds announced were focused on earlier stages with focus on France and Italy. The pattern holds: frontline workforce scheduling, AI-driven skills & recruiting intelligence, and care-economy platforms all attracting capital, with AI now the default rather than the exce

Die HR-Tech-Branche im deutschsprachigen Raum zeigt sich im Frühjahr 2026 in einer interessanten Doppelrolle: Die aktuelle Geschäftslage wird so positiv bewertet wie selten zuvor, gleichzeitig sind die Erwartungen für die kommenden Monate spürbar gedämpft. Dies sind die zentralen Ergebnisse der aktuellen Konjunkturbefragung im Frühjahr 2026. Geschäftslage und -erwartungen Drei Viertel der HR-Softwareanbieter bewerten ihre aktuelle Geschäftslage als „gut“ oder „sehr gut“ - der

June fundings picked up noticeably compared to May again, headlined by Factorial's $150M Series D. Beyond that mega-round, VCs stayed active across European HRTech and WorkTech - this time with Spain and France leading the way alongside the usual UK activity. The familiar patterns held: AI-first companies reshaping talent acquisition, payroll, learning and AI adoption itself. Several rounds again centred on the operational and frontline workforce, and a growing number are bui

May has been a bit less busy on a global scale with not that many hyper-fundings around the world. However, there were several interesting investments from VCs into European HRTech and WorkTech startups and scaleups - with a strong focus on UK. We still see similar patterns of fundings in AI-first scale-ups disrupting traditional ways of learning, talent acquisition and employee benefits. Again several of those also had a focus on the operational/ frontline workforce. Here ar

Here comes the update for M&A activity in April 2026 - a bit delayed due to my stay at Acadian Ventures Summit in sunny San Diego. Whilst the discussions in WorkTech and B2B SaaS continues to focus on the impact of AI on the SaaS business model and B2B SaaS valuations in general, this does not put M&A to a hold but actually speeds up consolidation and in several areas at the moment. A dominant theme across deals worth flagging are the continued build-up of - oftentimes also P

Here comes the update for M&A activity in March 2026. Whilst the current discussion in global HR Tech and B2B SaaS focuses on the impact of AI on the SaaS business model and B2B SaaS valuations in general, the were still several acquisitions and mergers communicated in March that were mostly negotiated prior to this discussion. Two dominant themes across deals worth flagging are the continued build-up of PE-backed European payroll/ HR platforms and AI-native add-ons to establ

With a bit of delay due to Easter location we are looking back fundings of European HRTech and WorkTech startups and scaleups. Whilst the market as well as the funding environment remains challenging for software vendors in the era of AI and SaaSpocalypse, March still showed that a lot of European scaleups with strong traction are also able to raise significant funding rounds. Again, topics that vendors that received investments operate in similar HR tech companies primarily

Whilst 2026 with a limited number of fundings announcements, February was much more busy with several companies communicating their funding rounds often still closed before Christmas / end of year. Similar to the last months of 2025, investments are again primarily in the frontline payroll, benefits, learning and talent acquisition space. Here are the details: ⬇𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: 💵 Naboo (FR) raised a $70M Series-B round led by Lightspeed Venture Partners, with pa

Here comes the first update for M&A activity in 2026. 2025 has been an extremely busy year in HR Tech/ WorkTech consolidation and with underlying reasons for the enforced consolidation, experts expect this trend to continue into 2026. Main drivers of consolidation expected for 2026 remain: Portfolio extensions of larger (suite) vendors for more up- & cross-selling as well as ensuring AI innovation - often also driven by investors. Market and customer access into untapped ma

The year 2026 started of with a limited number of fundings announced - likely also due to holiday season. Similar to the last months of 2025, investments are again primarily in the benefits, learning and talent acquisition space. Here are the details: ⬇𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬: 💵 Carol (IT) raised a €6.5M Series-A round led by Futura SGR and P101 plus an additional €2M debt financing. Carol's total equity raised thus exceeds €11 million since its founding. Specific