Home Breaking News London based HR start up Humaans raises USD 5 Million

London based HR start up Humaans raises USD 5 Million

England, UK based start-up HR Start-up Humaans has secured USD 5 Million in a seed funding round on 2nd of March, 2021, led by Mattias Ljungman’s Moonfire, Frontline Ventures, former head of stripe issuing, Lachy Groom and Intercom Co – Founder Des Traynor

Investors: The acquisition of USD 5 Million was held in a seed round led by various investors like Y combinator, Next Play Ventures, Moonfire Ventures, Frontline Ventures, Stripe COO Claire Johnson, Figma CEO Dylan Field, Intercom co-founder Des Traynor, Former Workday CTO David Clarke, Former Benchmark GP Scott Belsky, Notion COO Akshay Kothari, Qubit Co-Founder Emre Baran and Evervault CEO Shane Curren.

The funding is for: The fresh funding would be utilised to accelerate its employee’s growth onboarding and management platform. According to the sources, the organisation is also aiming to expand its reach all over the world.

Founders of the company: Giovanni Luperti, Karolis Narkevicius

Founded year: 2020

About the company: Humaans is a privately held Business to Business organization that comes under the Human Resource industry. The company’s primary goal is to turn complex processes such as employee onboarding, offboarding, and compensation management into simple workflows by combining other point solutions like Gsuite, Slack, Greenhouse and DocuSign. They have a work strength of 10-15 employees.

What the CEO has to say: “Companies are frustrated with poorly integrated HR stacks, making processes slow while exposing them to compliance risks.”

“This is why the adoption of the point solutions is increasing dramatically. Companies are adopting what’s best based on their needs and stage of growth to address their people’s needs.”

“For example, a company may choose an applicant tracking system, a performance management system, contract management software and an employee engagement platform, and so on. This makes the all- in- one model antiquated, creating the opportunity for a solution like Humaans to emerge. We are building a layer of infrastructure for all employee data.”

“If you ask around, most employees dislike their HR software,”

“HR tools have historically been clunky, slow and not good at providing a good user experience. Existing players focused more on sales and acquisitions than retention through the product. But HR buyers today are more sophisticated than ever and have an appetite for best in class. We’re building the slack of HR…an employee management platform that’s both delightful and powerful.” — Giovanni Luperti, Co-Founder of the company.

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