Personio, a German startup that offers a HR management and recruiting platform, has closed $12 million in Series A funding. European VC Northzone led the round, with participation from existing investors, such as Rocket Internet’s Global Founders Capital (GFC) and Picus Capital. The Munich-based company plans to use the funding to further develop its Software-as-a-Service and become a leader in the HR software space for small and medium-sized (SME) companies. Concrete examples of areas covered by Personio include: a full applicant tracking system, with support for multi-posting to over 100 job boards (e.g. Stepstone, Indeed, LinkedIn, etc); a digital employee file; document and contract management; on/off-boarding; attendance tracking; absence management; salary management & payroll; and performance management and feedback.Source
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