Paris-based Klara, a provider of frontline employee skills management and workplace-based training solutions, has secured £8.5M (approximately €10M) in a funding round led by Endeit Capital.
Endeit Capital is a European growth capital firm fueling internationalisation and innovation of European tech scale-ups.
With AI as the overall denominator, Endeit focuses on 5 segments: Future of Work, Fintech, Sales Enablement, Supply Chain & Procurement, and Climate Tech.
Out of the three home markets, Germany, The Netherlands, and Sweden, they invest with their current €300M+ fund in multiple European countries.
Martijn Hamann, General Partner at Endeit, says, “The investment in Klara supports our Future of Work thesis around empowering deskless workforces in their development with innovative productivity tools for their daily workflow. They represent 3B people of the global workforce yet receive only 1% of enterprise technology spend.”
“We have a strong conviction in the two founders, who bring the right combination of vision and ambition, balanced by a pragmatic ROI mentality. Their approach has already proven its impact, cutting in half the onboarding time of frontline workers—from 6 to 3 months—for their 60+ enterprise clients. Their ability to solidly onboard new and retain/upsell large enterprises with their engaging frontline worker intuitive product is rather unique in the market,” adds Hamann.
Fund utilisation
The company will use the funds to continue its strong growth in the coming years and strengthen its position as an innovative leader in skills management.
“This funding round gives us the resources to accelerate our deployment and strengthen our teams and offerings, particularly by integrating new functionalities”, adds Roman Etay, CRO and co-founder.
The funding announcement comes as Klara recorded a 175 per cent growth in 2024.
Klara: Revolutionising skills management
Founded by Nazim Chibane and Roman Etay, Klara‘s digital solution enables companies to structure and industrialise skills development at scale, ensuring rapid and measurable upskilling.
“Klara addresses a crucial need for businesses: giving frontline workers the same growth opportunities as office-based workers. We want to create an environment where everyone can continuously develop their skills, with a measurable impact on overall business performance”, explains Nazim Chibane, CEO and co-founder of Klara.
It also provides managers with tools to better support and empower their teams.
According to the company, this approach is not limited to frontline teams.
It also includes managers and C-level executives, placing them at the heart of the employee development process.
The company currently works with major enterprise clients, including Safran, Carrefour, Saint-Gobain, and OTIS.
“We are convinced that Klara can become the market standard for frontline worker development. By bridging engagement, tracking, and impact, we are building a skills management model that aligns with businesses’ growth needs,” concludes Nazim Chibane.
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