Personio

Personio was founded in Munich in 2015. In its early years, the company focused on HR software for small and medium-sized businesses, including tools for personnel administration and recruiting.^[1]

In 2017, Personio raised $12 million in Series A funding led by Northzone.^[1]

In 2020, the company raised $75 million in Series C funding at a reported valuation of about $500 million.^[5]

In 2021, Personio raised $125 million at a reported valuation of $1.7 billion, reaching unicorn status.^[6]

Later in 2021, the company raised a further $270 million at a reported valuation of $6.3 billion.^[7]

In 2022, Personio raised another $200 million, valuing the company at $8.5 billion.^[2]

The company has expanded internationally, including offices in Amsterdam, Barcelona, Dublin, London, Madrid and New York.^[8]

Personio provides a cloud-based HR software platform delivered as software as a service (SaaS). The platform functions as a human resources information system, supporting core HR processes such as employee data management, recruitment, time tracking and payroll.

It integrates multiple HR functions into a single system and automates administrative workflows associated with human resource management. The platform also includes reporting and analytics tools to support HR decision-making.