HR Path, a Paris, France-based provider of HR solutions, raised €30m in funding.
Backers included Activa Capital, Ardian and Société Générale Capital Partenaires.
The company intends to use the funds for international growth, acquisitions in France and recruitment purpose.
Co-founded in 2001 by François Boulet and Cyril Courtin, HR Path provides human capital management technology and is an authorized reseller for software solutions in the French market (SAP and SuccessFactors, HR Access, Oracle HCM, Cegid, Sage, Talentsoft). The company has also developed its own HR software solutions, including BiHRdy (a business intelligence decision-making tool), Pandore (a packaged solution for HR, payroll and time management), and Geef (a talent management system).
Headquartered in Paris, the company has operations in 13 countries on five continents, employs more than 500 consultants and generates €60 million in annual revenue through its network of agencies in major cities across France and its foreign subsidiaries.
The client portfolio includes several CAC 40-listed companies, but also many small and medium-sized enterprises, intermediate-sized firms, and public sector organizations.