European HR startup Personio has raised
$200 million and reached a valuation of
$8.5 billion, TechCrunch writes. The current funding is the second tranche of Round E. The first for
$270 million took place in October 2021.
Personio is a developer of workforce management software for companies with up to two thousand employees. The startup has a customer base of 6,000 companies, and the funding raised will be used to build it up and implement new tools.