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50Skills Raises €2.5 Million From Frumtak Ventures To Transform

PRIVATEMay 13, 2022•about 4 years ago

Amount Raised

€2.5 Million

Round Type

seed

Description

50skills, a leading Icelandic HR SaaS and new-hire onboarding solution, today announced it has secured €2.5 million in funding, led by Frumtak Ventures, a leading early stage Icelandic VC firm. 50skills will leverage the fresh capital to scale its solution for global markets, beginning with high-turnover industries in the Nordics and UK. 50skills reduces the timeframe between onboarding and employees actively fulfilling their roles.

Company Information

Company

50skills

About

50skills is a HR software company focused on providing efficient technology solutions for enterprise employers in high-turnover industries. 50skills streamlines onboarding processes, creating tools and services, leveraging the 50skills team’s depth of experience in the recruiting, HR and innovation sectors. For more info, visit 50skills.com.

Predictive Intelligence
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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