European HR Tech Fundings 03/2025
- Jens Bender
- 1. Apr.
- 3 Min. Lesezeit
The last month of Q1 2025 brought several larger funding rounds in the European #HRTech & #EdTech space - with several interesting German and French early stage investments. Especially impressive are the investments into the larger existing players like AMBOSS and Factorial to support their international expansion efforts.
Next to the European list especially two major announcements in India from Darwinbox and Leap as well as investments in US-based Xoxoday and Campus are remarkable.
⬇𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬:
💵 AMBOSS (DE) raised an impressive €240M venture round from investors including KIRKBI A/S, M&G Investments and Lightrock for expanding its resource for medical education and clinical decision-making in Germany and the US to additional international markets and expanding its offering to nurses and other health care professionals: https://www.prnewswire.com/news-releases/amboss-closes-240m-financing-round-and-expands-its-position-as-the-leading-co-pilot-for-physicians-worldwide-302409477.html
💵 Factorial (ES) expanded its investment with General Catalyst from €80M by an additional €120M to €200M to fuel its geographic expansion, particularly in Germany, France, and Italy, and further solidify its leadership in the business management software market: https://factorialhr.com/blog/factorial-expands-go-to-market-investment-general-catalyst/
💵 doinstruct (DE) raised a €16.5M Series-A round led by HV Capital with participation of existing investors like D11Z.Ventures GmbH & Co. KG , HTGF | High-Tech Gründerfonds, Creandum and others. leading compliance platform for frontline worker training. The funding will be used to further expand the company’s offering across key European markets: https://www.htgf.de/en/doinstruct-raises-e16-5m-series-a/
💵 Extracadabra (FR) raised a €15.0M funding round from Actual Ventures for its recruiting marketplace for the hospitality business: https://www.tourmag.com/Extracadabra-leve-15M-pour-accelerer-son-developpement_a126472.html
💵 Comet (FR) raised a €10.0M funding round from various investors including TOMCAT, Otium, Kima Ventures, Founders Future, FJ Labs, and daphni for its platform for large companies looking for quick and tailored access to top freelance talent. With the funding the company plans to accelerate growth and expand its offering. Comet had a turnover of €77M last year and says it has been profitable for the last two years: https://siliconcanals.com/paris-based-comet-secures-10m/
💵 peopleIX (DE) raised a €2.3M pre-seed round led by Earlybird Venture Capital-X with the participation of neoteq ventures, TS Ventures, and various HR Tech business angels including several from the HR Angels Club network. peopleIX is the leading AI-powered people intelligence platform, enabling organizations to consolidate, analyze, and act on critical workforce data: https://tech.eu/2025/03/20/peopleix-raises-eur23m-for-hr-data-integration/
💵 Assemble You (UK) raised a GBP1.0M seed round from Ufi Ventures and Midven for its podcast-style training. The new capital will support Assemble You's expansion plans in several areas including content creation which will expand their library of training tools in fields such as sales and marketing: https://www.business-live.co.uk/technology/workplace-learning-firm-secures-1m-31291111
💵 Lucida AI (TK) raised a $750k pre-seed round from Neo Portföy for its AI driven English coaching app: https://www.crunchbase.com/funding_round/lucida-ai-pre-seed--ad149519
💵 Change by Degrees (EI) raised a €700k seed round led by Value Create Ventures with support of HBAN and Enterprise Ireland High Potential Start-up for its sustainability skills platform. Funding will be used by the company to develop the platform and to scale into new markets: https://www.enterprise-ireland.com/en/news/change-by-degrees-closes-700k-seed-funding-round
Additional start-ups reported smaller or undisclosed funding including Senior Connect (senior job platform) by allygatr, Jobtogo by several investors (Freelancer platform), Anemon 🟢 | SMS Learning (SMS Learning; 500k),
🌏 Globally, some notable rounds include:
The $140M private equity round of Darwinbox (India) with participation of Partners Group, KKR and Gravity Holdings to take on Deel and Rippling: https://techcrunch.com/2025/03/05/darwinbox-the-hr-upstart-from-india-raises-140m-to-take-on-deel-and-rippling/
The ₹8.7B debt-financing round of Leap (India) for its student loan busines from HSBC: https://inc42.com/buzz/leap-finance-secures-100-mn-debt-facility-to-expand-study-abroad-loans/
The $70M private equity round of Xoxoday (USA) with Apis Partners for its technology infrastructure to automate rewards, incentives & payouts for employees, customers and channel partners: https://www.prnewswire.com/news-releases/giift-backed-by-apis-partners-rebrands-as-xoxoday-globally-302390185.html
The $46M Series-B founding round of Campus (USA) with participation from Founders Fund as well as well-known entrepreneurs including Sam Altman from OpenAI for its online-class offering: https://www.finsmes.com/2025/03/campus-raises-46m-in-series-b-funding.html
Let me know if I overlooked something in the comments below! 👇
Congrats to the startups, their teams and the founder including Benedikt Hochkirchen, Jordi Romero, Frederic Nardon, Adam Lacey, Laurent Potel, Dr. Georg Schaal, Nick Stodt, Mustafa Girgin, Samuel Keitel, Benjamin Visser, Jayant Paleti, Rohit Chennamaneni, Chaitanya Peddi, Arnav Kumar, Vaibhav Singh, CFA, Michael Z., Tade Oyerinde, Sumit Khandelwal and their teams as well as to the investors!
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