Personio reaches €8bn valuation, eyes future growth

Personio, which has 6,000 customers and 1,200 employees, also recently announced the acquisition of Back, an employee experience solution that automates key people processes. Picture: Personio.

European startup Personio has raised $200m (€189m) in funding, increasing its value to $8.5bn (€8bn).

The HR software company, aimed at small and mid-sized businesses, expanded its Dublin workforce last year, announcing 140 additional jobs in August.