Germany-based human resources software provider HeavenHR has raised an eight-figure euro amount (€10m = $11.4m) from investors including Allianz X, the digital innovation arm of insurance firm Allianz, Deutsche Startups has reported.
The corporate was joined by venture capital firms Target Global and Piton Capital. The former co-led HeavenHR’s $6.7m series A round with VC fund Open Ocean in August 2016, investing alongside Piton Capital and Mutschler Ventures.
Founded in 2015, HeavenHR has created a software platform that unifies and automates a wide range of human resources functions including onboarding, payroll, and time and absence tracking. It was incubated within company builder Warpspeed Ventures.
