Paris-based HRtech startup Skello raises €40 million to expand across Europe

Today, Paris-based Skello announced its €40 million Series B funding round led by Partech with participation of previous investors XAnge and Aglaé Ventures. The fresh capital will be used for further development and improvement of its workforce management tool and the opening of new offices in Spain and Germany, for which the startup is currently looking for Country Managers (they should really try the EU-Startups Job Board).

Founded in 2016 by Quitterie Mathelin-Moreaux, Emmanuelle Fauchier-Magnan, and Samy Amar, Skello helps managers and businesses to automate and optimize team organization, HR processes such as complex schedules and shifts, payroll, or remote work. The platform offers personalized and tailored features to each of its clients in order to reduce time-consuming HR tasks such as planning shifts and payroll.

The pandemic has, without a doubt, accelerated digitalization in the HR sector, which has contributed to Skello’s rapid growth, as companies seek to suppress time-consuming tasks, so managers can fully focus on their teams and business growth.

During the past year and a half, Skello has grown its customer base exponentially in France, welcoming clients from all sectors. In five years, the team has grown to 150 members, and Skello expects to double its headcount by the end of 2022.

“We are thrilled to start our European journey with Partech and the continued support of our previous investors. Our role as a trusted HR partner is to help companies navigate through difficult and time-consuming HR processes, especially in times like these. We are achieving this by relentlessly working on our platform to provide the most personalized and tailored features to our clients, so they can focus on everything else that actually adds value to their business.” – Quitterie Mathelin-Moreaux, co-founder and CEO of the company.

“In just a few years, Skello has developed the best solution for the creation of employee schedules, praised by clients for its easy-to-use interface, and sharp automation ability. With this new funding raise, we are delighted to support the Skello team in the deployment of their solution on a European level, into a market whose players currently lack this type of equipment, and for whom the recent Covid crisis has been a real wakeup call as to the benefits of digitizing and automating HR processes”, adds Omri Benayoun, General Partner at Partech.