HomeFundingMunich-based Talentry secures investment by Allgeier Group to support future growth

Munich-based Talentry secures investment by Allgeier Group to support future growth

Talentry, a Munich-based startup with the goal to make your life as a recruiter as easy as possible, has successfully completed another financing round. With Allgeier Group, Talentry won an important strategic investor for their future development. ProSiebenSat.1’s Accelerator program, which was the first to invest in Talentry, and has supported the startups early development, sold its stake to Allgeier Group as part of this move. However, ProSiebenSat.1 will remain loyal to Talentry and continue using the recruiting software on a company-wide basis.

The additional funds (which is in the seven digits) will be used primarily for a rapid market penetration of the DACH region (Germany, Austria and Switzerland) as well as to further develop the innovative recruiting solution. As Carl Hoffmann, one of Talentry’s co-founders and managing directors, states: “We are extremely pleased to be given access to comprehensive development services, an international network and various markets“.

Founded in 2012, Talentry is a digital employee referral program. The young company provides everything you need to win the best talent. Being a Software-as-a-Service solution, Talentry can be launched in your company with minimal effort.

With Allgeier strategically focussing on high-growth software solutions, this step sees Allgeier broaden its portfolio with in-house software products in the Solutions segment; it also strengthens its status as an international software vendor and service provider.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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