Talmundo, a Dutch-Belgian HR-tech startup, has announced a € 1.3 million investment round led by TIIN Capital. Earlier in 2017, TIIN Capital had also invested € 500K in the first seed round of the company. The startup has raised €1.8 million so far from two rounds of investments.
Founded in 2012, The Hague based HR tech startup aims to take the pain out of employee onboarding by making it an ‘experience-based’ journey rather than as a mere transaction to be completed. Its solution is used by over hundred employers including multinationals such as Bacardi, ArcelorMittal, Staples and BNP Paribas. Apart from TIIN Capital, a couple of angel investors also contributed to this latest investment.
During the previous round of funding, Talmundo secured €500K growth financing for its online employee onboarding platform. The funds were used to launch the employee onboarding app in other countries like Germany, the UK, Switzerland, and the Scandinavian.