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European HR Tech Fundings 05/2025

Aktualisiert: 1. Juni

Whilst the first month of Q2 2025 was a bit slower, HRTech investments in Europe in the month of May were really onđŸ”„.

Throughout Europe there have been several remarkable rounds with a stronger focus on frontline workers, workforce management solutions as well as employee benefits in different local, European and global playbooks. In the US Rippling announced another very impressive round. I am especially happy to see many familiar investors in the HRTech space backing great businesses, teams and founders in Europe and look forward seeing those blossom!

Here are the details:

⬇𝐈𝐧𝐯𝐞𝐬𝐭𝐩𝐞𝐧𝐭𝐬:

đŸ’” Flip (DE) secures $28 million Series-A extension led by existing investors including LEA Partners, HV Capital, Notion Capital, as well as Roland Berger to expand new AI-powered capabilities for deskless workers. The funding will be used to drive targeted advancements in artificial intelligence and accelerate the company’s growth: https://www.getflip.com/newsroom/press-releases/flip-secures-28-million-series-a-extension-to-expand-new-ai-powered-capabilities-for-deskless-workers/

đŸ’” Origin (UK) raised an impressive $21M Series-A round led by Felix Capital, with participation from Acadian Ventures and Notion Capital for its global benefits intelligence platform. Additional investment has been secured from various business angels with profound tech experience. The funding round values Origin at $106 million and will accelerate the company's mission to revolutionize the global benefits industry by providing HR and benefits leaders with visibility, strategic insight, and cost control: https://originbenefits.com/pressrelease/seriesa

đŸ’” StackOne (UK) raised a $20M Series-A round led by GV (Google Ventures) with participation from Workday Ventures and XTX Ventures plus backing from tech angels for its universal integration layer. Funding will be used to continue building StackOne’s tool-calling LLM, invest in R&D, and further expand the number of integrations and depth of actions available in the StackOne platform: https://www.stackone.com/blog/stackone-secures-20m-series-a-led-by-gv-google-ventures-to-power-the-universal-integration-layer

đŸ’” Cronofy (UK) raised a GBP15M growth round from BGF, a UK and Ireland focused growth capital investor for its interview scheduling solutions. Cronofy will use the funding to go deeper into more scheduling use cases across more companies zeroing in on more capabilities, integrations, and better performance: https://www.cronofy.com/blog/cronofy-bgf-15-million-investment

đŸ’” Circula (DE) raised a €15M extended Series-A round led by existing investors Alstin Capital, Capnamic, Peak Capital, WENVEST Capital and Storm Ventures, as well as CIBC Innovation Banking for its expense management platform. The additional capital will, among other things, drive the development of autonomous workflows to further increase efficiency in the CFO office.: https://www.circula.com/en/blog/circula-erhalt-15-millionen-euro-in-erweiterter-series-a-runde

đŸ’” Kota (IE) raised a $14.5M Series-A from Eurazeo with participation from existing investors EQT Ventures, Northzone, and Frontline Ventures, and participation from 9Yards and Plug and Play Ventures for its software to make core benefits, like pensions and health insurance, work for the modern workforce. With the funding Kota is expanding its reach of insurance carriers to more markets, ensuring broader customer coverage: https://www.kota.io/blog/series-a-announcement 

đŸ’” Shakers (ES) raised a €14M Series-A round led by Partech, with further investment from Kfund, Brighteye Ventures, Athos Capital and Wayra for its workforce management platform connecting companies with tech freelancers. Shakers aims to empower a new generation of performance-driven freeworkers with integrated services such as banking, insurance and productivity tools – all within its all-in-one Freelancer OS. The company has grown over 6x in revenue over the past year, and is aiming to continue on its growth trajectory: https://www.eu-startups.com/2025/05/madrid-based-startup-shakers-raises-e14-million-to-help-businesses-integrate-teams-of-specialised-talent-with-ai/

đŸ’” Ravio (UK) raised a $12M Series-A round led by Spark Capital with participation from Blackbird and Cherry Ventures to modernize how companies manage compensation with real-time market data and decision making tools. With the funding, Ravio will continue its international expansion to help compensation rewards leaders access modern tooling needed to deploy competitive pay strategies: https://ravio.com/blog/ravio-raises-12m-series-a-to-modernise-compensation-data-for-global-workforces

đŸ’” Didask (FR) raised a €10M Venture round led by AVP and Citizen Capital, with the support of MAIF Impact, Junex and Takara Capital, the previous investor for its corporate learning solution. With the funding Didask plans to accelerate technological development of its educational Artificial Intelligence and its learning coach, to accelerate its growth, especially internationally, while launching a knowledge assistant for informal learning: https://www.didask.com/en/post/didask-leve-10-millions-euros-pour-revolutionner-apprentissage-en-entreprise-grace-a-ia-pedagogique 

đŸ’” Aethon.nl (NL) raised a €9.2M venture round from Endeit Capital to help address growing staffing challenges in sectors like healthcare, education, childcare, and public services with its workforce management solution. The new capital will fuel the further development of Aelio, including AI-powered enhancements to staffing and training processes. Aethon also aims to lower employment barriers for those eager to work in public-facing roles by combining technology with on-demand learning: https://www.aethon.nl/nieuws/aethon-haalt-e96-miljoen-op-bij-endeit-capital-om-personeelstekorten-in-essentiele-sectoren-aan-te-pakken/

đŸ’” Skillvue (IT) raised a €5.5M seed round led by 360 Capital, with support from Italian Founders Fund and 14Peaks Capital, and new backing from Orbita Verticale. The company has shifted from a recruitment tool to a platform used for mapping and assessing skills at scale for new candidates and current employees. By analyzing roles through their underlying skills, Skillvue helps organisations identify internal capabilities that may not be visible through standard job structures: https://siliconcanals.com/hr-tech-platform-skillvue-bags-e5-5m/

đŸ’” Penzilla (DE) raised a €3.2M seed round led by Acadian Ventures and Delin Ventures for its software that simplifies the administration of company pension schemes. Robin Capital and existing investors such as Motive Ventures and WENVEST Capital were also involved next to several angels incl. from HR Angels Club. With this funding, Penzilla plans to invest in market development and strengthen its position as the leading software platform for the management of company pension schemes (bAV): https://penzilla.de/insights/2025/penzilla-sammelt-32-mio-eur-fuer-die-transformation-der-betrieblichen-altersvorsorge-ein/

đŸ’” The Corporate Governance Institute (IE) raised €3M Series-A round led by BVP for its e-learning and certification platform. Additional investors include Enterprise Ireland and private investors. The new funding will enable further development of its course portfolio and continued expansion into international markets: https://www.eu-startups.com/2025/05/dublin-based-the-corporate-governance-institute-raises-e3-million-for-the-education-of-business-leaders/

đŸ’” PyxiScience (FR) raised a €2M seed-round from @Newfund, @Invess Île-de-France Amorçage (managed by INCO Ventures), and @BPI France for its adaptive mathematics platform. PyxiScience plans to deploy in regional high schools by the 2025 school year as well as launch in North America starting January 2026: https://www.eu-startups.com/2025/05/paris-based-edtech-startup-pyxiscience-raises-e2-million-to-innovate-math-learning-with-ai/

đŸ’” Kalent (FR) raised a €1M seed-round led by Kima Ventures and several business angels for its AI-powered recruitment platform designed to streamline the hiring process. The company will use the funds to expand internationally, particularly in the US market, and to launch a self-serve version of its platform for broader adoption and faster scaling: https://www.thesaasnews.com/news/kalent-raises-1-million-in-seed-round

Additional start-ups reported smaller or undisclosed funding including Papayo.ai (DE by Martin Weiss, Michael Plentinger HR Angels Club), Skriba (CH by allygatr), EverybodyCounts Ltd (UK), Inforens Alike (UK), Emerge Tech (DE), Tutornow Ripetizioni (IT), and ALAN & LUCA (NL). Debt funding rounds were announced by Attensi (NO, €22.2M), ProFinda (UK, GBP3M) and DigeHealth (CH, CHF100k). Grants were announced by South East Technological University (UK), University of Plymouth (UK) and ESSA.app Personal Career Assistant (PL).

🌏 Globally, some very impressive round were communicated in the US showing that workforce management and employee benefits are not only ađŸ”„topic in the EU but also across the pond. Some selected transactions include:

Let me know if I overlooked something in the comments below! 👇

About the publishers:

About WorkTech Advisory: Working with HRTech investors, entrepreneurs and leadership teams on growing their people-centric businesses. Read more at: https://www.worktech-advisory.com/

About HR Angels Club: Your access to the most successful and influential HR-Tech Entrepreneurs in the DACH Region. Read more at https://www.hrangels.club/.

About Kombo: All your HR Tech integrations with one unified API for HR Tech vendors. Integrate Kombo once – offer hundreds of HRIS, ATS, and Payroll integrations off-the-shelf to your customers. Read more at https://www.kombo.dev/

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