{"id":43123,"date":"2020-01-23T13:20:12","date_gmt":"2020-01-23T11:20:12","guid":{"rendered":"https:\/\/newserver.fyb.de\/munich-based-startup-personio-raises-usd-75-million\/"},"modified":"2020-01-23T13:20:12","modified_gmt":"2020-01-23T11:20:12","slug":"munich-based-startup-personio-raises-usd-75-million","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/munich-based-startup-personio-raises-usd-75-million\/","title":{"rendered":"Munich-based startup Personio raises USD 75 million"},"content":{"rendered":"<p>Munich \u2014 In a Series C finan\u00adcing round, Munich-based startup Perso\u00adnio raised $75 million. This brings the total invest\u00adment volume of the company, which was only foun\u00added in 2015, to $130 million. Since the new invest\u00adment, the company has been valued at a total of $500 million \u2014 half\u00adway to beco\u00adming a unicorn.<\/p>\n<p>The finan\u00adcing round was announ\u00adced back in Decem\u00adber, and has now been comple\u00adted. Leading this Series C round is <strong>Accel<\/strong>, an inter\u00adna\u00adtio\u00adnal inves\u00adtor with roots in Sili\u00adcon Valley. Accel has alre\u00adady inves\u00adted in compa\u00adnies such as Slack and Face\u00adbook and helped strea\u00adming service Spotify go public.<\/p>\n<p>In addi\u00adtion to Accel, <strong>Lightspeed Venture Part\u00adners<\/strong> and<strong> Lars Dalgaard<\/strong> are also joining the HR soft\u00adware provi\u00adder. Dalgaard is the foun\u00adder and CEO of Success\u00adfac\u00adtors. He sold his cloud-based HR soft\u00adware to SAP in 2011 for $3.4 billion, but he is going private with Perso\u00adnio. The Munich-based star\u00adtup\u2019s previous backers, <strong>Index Ventures, North\u00adzone, Global Foun\u00adders Capi\u00adtal <\/strong>and <strong>Pius Capi\u00adtal<\/strong>, also parti\u00adci\u00adpa\u00adted again in the funding round.<\/p>\n<p><strong>Demand from the inves\u00adtor side was&nbsp;high<\/strong><br>\nActually, a new finan\u00adcing round had been plan\u00adned for a much later date, <strong>Hanno Renner (photo), CEO and co-foun\u00adder of Perso\u00adnio<\/strong>, announ\u00adced. The invest\u00adment was only made because of the high demand from inves\u00adtors. Howe\u00adver, he is very plea\u00adsed to know that the finan\u00adcing round has brought other such expe\u00adri\u00aden\u00adced part\u00adners to the star\u00adtup\u2019s&nbsp;side.<\/p>\n<p>The invest\u00adment is prima\u00adrily inten\u00added to further the inter\u00adna\u00adtio\u00adnal expan\u00adsion of the soft\u00adware provi\u00adder. Curr\u00adently, Perso\u00adnio has nearly 2,000 custo\u00admers in over 40 count\u00adries, accor\u00adding to the company. The company plans to have 700 employees at three sites by&nbsp;2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Munich \u2014 In a Series C finan\u00adcing round, Munich-based startup Perso\u00adnio raised $75 million. This brings the total invest\u00adment volume of the company, which was only foun\u00added in 2015, to $130 million. Since the new invest\u00adment, the company has been valued at a total of $500 million \u2014 half\u00adway to beco\u00adming a unicorn. The financing&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":43132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1373],"tags":[],"class_list":["post-43123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-venture-capital-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Munich-based startup Personio raises USD 75 million - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/munich-based-startup-personio-raises-usd-75-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Munich-based startup Personio raises USD 75 million - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Munich \u2014 In a Series C finan\u00adcing round, Munich-based startup Perso\u00adnio raised $75 million. This brings the total invest\u00adment volume of the company, which was only foun\u00added in 2015, to $130 million. Since the new invest\u00adment, the company has been valued at a total of $500 million \u2014 half\u00adway to beco\u00adming a unicorn. 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