HeavenHR Raises €6M in Funding

HeavenHR GmbH, a Berlin, Germany-based provider of a free cloud HR management platform for small and medium enterprises (SME), raised more than €6m in Series A financing round.

The round was led by Target Global and OpenOcean with participation from Piton Capital and Mutschler Ventures.

The company intends to use the funds for technical optimization of the platform and to accelerate growth.

Incepted at the company builder Warpspeed Ventures by founder and Managing Director Johannes Roggendorf, HeavenHR provides a cloud-based human resources management platform that offer tools to digitize and automate HR administrative tasks as well as to enable money management and HR staff to focus on recruiting, training and engaging employees. Free features include digital contracts, electronic personnel file, absence management, time tracking. Additional services include payroll, benefits, pension and insurance management.

In addition to Germany, the company is also active in France, Switzerland and Austria employing some 45 people.

FinSMEs

15/08/2016

 

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