Personio
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Investors
Founders
About
Personio is a Munich-based HR software company founded in 2015 by Hanno Renner, Roman Schumacher, Jonas Rieke, and Arseniy Vershinin 1. The four co-founders met while studying at the Center for Digital Technology & Management (CDTM) at the Technical University of Munich 2. The company builds an all-in-one HR platform for small and medium-sized enterprises, covering recruiting, onboarding, payroll, and people workflow automation 3. As of 2022, Personio served over 6,000 customers covering more than 500,000 employees 4. The company has raised a total of $772M across eight funding rounds and was valued at $8.5 billion as of June 2022 45.
Funding History
| Round | Date | Amount | Lead Investor(s) | Key Co-Investors | Valuation |
|---|---|---|---|---|---|
| Seed | Jul 2016 | ~$2.4M (€2.1M) | Global Founders Capital, Picus Capital | Stylight Founders, angels | — |
| Series A | Aug 2017 | $12M | Northzone | Global Founders Capital, Picus Capital | — |
| Series B | Jan 2019 | $40M | Index Ventures | Northzone, Global Founders Capital | — |
| Series C | Jan 2020 | $75M | Accel | Lightspeed Venture Partners, Lars Dalgaard, Index Ventures, Northzone, Global Founders Capital, Picus Capital | $500M |
| Series D | Jan 2021 | $125M | Index Ventures, Meritech Capital | Accel, Lightspeed, Northzone, Global Founders Capital, Picus Capital | $1.7B |
| Series E | Oct 2021 | $270M | Greenoaks Capital | Altimeter Capital, Alkeon Capital, Index Ventures, Accel, Meritech, Lightspeed, Northzone, Global Founders Capital | $6.3B |
| Series E (2nd close) | Jun 2022 | $200M | Greenoaks Capital | Existing investors | $8.5B |
What Investors Say
No independently sourced investor testimonials found.
What Founders Say
No independently sourced founder testimonials found.
Sources
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TechCrunch, “Personio, a HR startup in Munich, closes $12M Series A,” August 3, 2017. https://techcrunch.com/2017/08/03/personio/↩↩
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CNBC, “Personio: How Hanno Renner went from yacht skipper to HR start-up CEO,” January 20, 2020. https://www.cnbc.com/2020/01/20/personio-how-hanno-renner-went-from-yacht-skipper-to-hr-start-up-ceo.html↩
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TechCrunch, “Personio, the German HR platform for SMEs, raises $75M Series C at a $500M valuation,” January 20, 2020. https://techcrunch.com/2020/01/20/personio-the-german-hr-platform-for-smes-raises-75m-series-c/↩↩
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TechCrunch, “Personio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time,” June 21, 2022. https://techcrunch.com/2022/06/21/personio-nabs-200m-at-a-8-5b-valuation-as-its-hr-for-small-businesses-hits-the-big-time/↩↩
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Crunchbase, Personio Company Profile & Funding, accessed March 2026. https://www.crunchbase.com/organization/personio↩↩
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Personio press release, “Personio raises 2.1 Million Euro seed round,” July 2016. https://www.personio.com/about-personio/press/personio-raises-2-1-million-euro-seed-round-to-become-europes-leading-hr-and-recruiting-saas-solution/↩
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TechCrunch, “German HR and recruiting platform Personio raises $40M Series B led by Index,” January 17, 2019. https://techcrunch.com/2019/01/17/personio-series-b/↩
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TechCrunch, “Personio raises $125M on a $1.7B valuation for an HR platform targeting SMEs,” January 17, 2021. https://techcrunch.com/2021/01/17/personio-raises-125m-on-a-1-7b-valuation-for-an-hr-platform-targeting-smes/↩
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TechCrunch, “Personio, an HR platform for SMEs, raises $270M on a $6.3B valuation,” October 11, 2021. https://techcrunch.com/2021/10/11/personio-an-hr-platform-for-smes-raises-270m-on-a-6-3b-valuation-expands-into-workflow-automation/↩
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Personio press release, “Personio announces $125M in Series D funding and a $1.7B valuation,” January 2021. https://www.personio.com/about-personio/press/personio-announces-125m-in-series-d-funding-and-a-1-7b-valuation-as-it-builds-europes-leading-hr-platform-for-smes/↩