Clustree Raises $7.9M in Series A Funding

Clustree, a Paris, France-based automated HR recommendation platform, secured $7.9m in Series A funding.

The round was led by Creandum with participation from Idinvest Partners and existing backer Alven Capital. In conunction with the funding, Carl Fritjofsson from Creandum and Guillaume Durao from Idinvest Partners will join Clustree’s board.

The company intends to use the funds to develop its sales, marketing, engineering and product teams, consolidate its market position in France and prepare for international expansion.

Founded in 2014 by Bénédicte de Raphélis Soissan, CEO, Clustree is an automated HR recommendation platform for career development and recruitment, which leverages artificial intelligence to remove human bias and stereotyping from the interpretation of internal and external HR data.
The technology learns and constantly improves from 3 different data sets: external HR data, internal client HR data and the continuous feedback on recommendations from both HR and employees.
The solution is now used across 30 different countries by industry leaders such as Orange, Crédit Agricole, SNCF, Carrefour and L’Oréal.

by Bénédicte de Raphélis Soissan and has attracted investment from some of Europe’s leading venture capital firms including Creandum, Idinvest and Alven Capital. In 2016 Clustree was named a Cool Vendor by Gartner.

FinSMEs

07/06/2017

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