The sale of Rollbox and the latest rounds in the HR sector

16/05/2019
Diego Gutiérrez
The sale of Rollbox and the latest rounds in the HR sector

The HR-oriented ERP industry is undergoing a revolution, with the ability to control through databases and changes in privacy. Personnio is a human resources platform aimed at start-ups, such as Rollbox. It is one of the fastest growing companies in this sector.

The offer is based on a holistic and integrated cloud platformin which you can collect all the information you need. employee informationThe system can keep track of hours worked, sick days, pipeline, documents, employee performance and offers all the necessary functions for recruitment.

personio acquires Rollbox

In early January 2019, it undertook a $40M capital increase to scale the business and increase profitability.

Rollbox acquisition

Part of that capital has been used to acquire the Spanish startup Rollbox, which is dedicated to the facilitation of employee payroll payments through automation, being able to reduce time, costs and improve forecasting carried out.

This Spanish company was operating in Spain and the UK and thanks to the takeover will soon move into Germany and France.

The terms of the transaction have not been disclosed, although the deal has been closed through a cash upfront payment and a share swap to link the company's performance to the remuneration.

Other similar operations:

Coople

Coople is a Swiss company that is dedicated to to the monitoring of training, work and performance and to the selection of profiles for companies with flexible needs.

Due to his fresh vision and the number of affiliated companies he managed to raise more than $21M from top level investors such as Goldman Sachs or One Peak Partner.

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GoodTime i.o

GoodTime i.o is a leading American firm in the platform and interview logistics. Based on Artificial Intelligence and Machine Learning technology, this platform helps organise all interview processes and generates actionable metrics to regulate efficiency.

At the end of 2018 this firm secured a further $5M to improve marketing and expand the company's scalability, providing it with cash and talent.

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SmartDreamers

This firm offers an innovative service, which is dedicated exclusively to streamlining selection processesThe website is also able to optimise the SEO of the online offers while being able to integrate them into all social networks for a wider reach.

The Romanian company has raised €2m for the improvement of its service and the integration of new applications and social media in which to enter these offers.

smartdreamers and Rollbox acquisitions

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