PeopleDoc has raised a $28 Million Series C round of investment led by Eurazeo, the company announced today. PeopleDoc, which has seen explosive growth in the last 18 months, during which they brought on 150 of their 400 clients, which include Yves Rocher & Auchan in France, but also American Express & Match.com in the US. The company also has concluded partnerships with major HR players like WorkDay, SAP SuccessFactors & ADP, which has enabled them to be compatible with large enterprises’ existing solution, smoothing the digital transition.
The fundraising will allow PeopleDoc to expand globally, with a London office set to open before the end of the year. Additionally, the company, now based in the US, will continue to expand its Paris-based R&D team, which has doubled in 2015 and represents 40% of their team.
In addition to Eurazeo, PeopleDoc’s existing investors Accel Partners, Alven Capital & Kernel Investissements participated as well.
Leave a Reply
You must be logged in to post a comment.