Loopline Systems, a Berlin, Germany-based HR solution startup, received a seven-figure round of financing.
Backers included the VC Fonds Technologie Berlin II, managed by the IBB Beteiligungsgesellschaft (IBB-Bet), the High-Tech Gründerfonds (HTGF), Project A, and some unnamed angels.
The company intends to use the funds to go to market asap.
Founded at the end of 2014 by Nora Heer, managing partner, as a spin-off from the human resources division of the Berlin-based early-stage investor and company builder Project A Ventures, loopline provides a cloud-based software that links performance metrics with data about the potential and satisfaction levels of individual members of staff in order to generate a continuous stream of propositions for corporate strategy and development.
FinSMEs
14/10/2015