Personio is a Germany based human resources software company that reached a $9 billion valuation after raising approximately $724 million in funding across multiple rounds. Headquartered in Munich, Bavaria, Germany, Personio provides an all in one HR platform for small and mid sized businesses across Europe.
The company supports HR management, payroll, recruiting, and people analytics for thousands of organizations.
Keep reading to learn how Personio became one of Europe’s most valuable HR technology companies.
What Is Personio and What Does It Do?
Founded in 2015, Personio is a cloud based human resources management platform designed for small and mid sized enterprises. The platform centralizes HR operations including employee records, payroll, recruiting, onboarding, time tracking, and performance management.
Personio serves companies across Europe by simplifying HR workflows, ensuring compliance with local labor regulations, and improving operational efficiency through automation and analytics.
How Much Funding Has Personio Raised?
1. Seed Round
- Amount Raised: $2.1 million
- Date: 2016
- Lead Investors: Picus Capital
- Purpose: Build the initial HR software platform and acquire early customers
2. Series A Round
- Amount Raised: $10.8 million
- Date: 2017
- Lead Investors: Accel
- Purpose: Expand product features and scale go to market efforts in Europe
3. Series B Round
- Amount Raised: $40 million
- Date: 2019
- Lead Investors: Index Ventures
- Purpose: Accelerate European expansion and strengthen product development
4. Series C Round
- Amount Raised: $125 million
- Date: 2020
- Lead Investors: Accel
- Purpose: Scale operations, expand hiring, and invest in platform automation
5. Series D Round
- Amount Raised: $270 million
- Date: 2021
- Valuation: $6.3 billion
- Lead Investors: Greenoaks
- Other Investors: Accel, Index Ventures
- Purpose: Accelerate international expansion and strengthen enterprise capabilities
6. Series E Round
- Amount Raised: $200 million
- Date: 2022
- Valuation: $8.5 billion
- Lead Investors: Greenoaks
- Purpose: Invest in product innovation, compliance tooling, and long term growth
7. Growth Round
- Amount Raised: $76 million
- Date: 2023
- Valuation: $9 billion
- Lead Investors: Greenoaks
- Purpose: Extend runway and support sustainable growth amid market conditions
Total Funding Raised: Approximately $724 million
Latest Funding Date: 2023
Latest Known Valuation: $9 billion
Key Investors
- Greenoaks
- Details: Global investment firm focused on long term growth companies
- Focus Areas: Software, internet platforms, technology enabled services
- Accel
- Details: Venture capital firm backing category defining technology companies
- Focus Areas: SaaS, cloud software, enterprise platforms
- Index Ventures
- Details: Global venture capital firm investing across stages
- Focus Areas: Technology startups, software platforms, fintech
- Picus Capital
- Details: Early stage investment firm based in Europe
- Focus Areas: Technology startups, digital platforms
Where Is Personio’s Headquarters?
Personio is headquartered in Munich, Bavaria, Germany, supporting its product development, customer success, and European expansion initiatives.
What’s Next for Personio?
Personio is focused on strengthening its HR platform, expanding compliance capabilities, and deepening penetration across European markets. The company continues to invest in automation, analytics, and payroll infrastructure to support long term growth and evolving workforce needs.
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