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Jet HR raised €25M in a funding round led by Base10 Partners to streamline HR and payroll processes, aiming for hiring and R&D.

Jun 18, 20256 months ago

Amount Raised

€25 Million

MilanEmployee BenefitsHuman ResourcesSaasSoftware

Investors

Italian Founders FundExor VenturesBase10 Partners

Description

Jet HR, a Milan-based startup, raised €25M in funding. The round was led by Base10 Partners, with their managing partner Adeyemi Ajao joining the board. The company plans to use the funds for hiring and R&D of new vertical solutions. Jet HR serves 500 customers and aims to expand its platform further.

Company Information

Company

Jet HR

Location

Milan, Lombardy, Italy

About

Jet HR provides a platform that automates payroll processing (the process of processing, issuing and archiving payrolls), and allows employees to automatically take on and manage administrative tasks easily and immediately. The company currently serves 500 customers including SMEs, startups, multinationals and listed companies and already has 110 employees.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech