The human resources management platform, Peopleforcehe reported that he raised in his last pre-serie financing round some U $ S5.38 million to boost its expansion in Argentina and in the region.
With presence in more than 30 countries and more than 100,000 active users of 1,300 companies, Peopleforce registered an impressive 80% year -on -year growth in annual recurring income (RR) for 2024. That was a very attractive point for new investors.
This financing will allow Peopleforce to strengthen its presence in various Latin American countries, including Argentina. Because? “Because it has become a strategic market for us where we have grown up for three compared to the last year and where we want iprofesional.
Within that framework, the Plan that Peopleforce has on the agenda includes the following key actions:
- Strengthen local teams Marketing, Sales and Customer Success in Argentina, in addition to continuing to grow in Mexico and Colombia. The goal is to be closer to customers and respond with agility to their specific needs.
- Develop automation functions adapted to labor regulations of the region, that help companies remain in compliance effortlessly, also considering cultural and operational particularities of the country.
- Invest in RR.HH. promoted by artificial intelligence, with relevant metrics for the Argentine context and integration capabilities with local tools.
- Improve support and onboarding processes For expanding companies, offering a more personalized accompaniment and solutions that climb with business growth.
- Collaborate with the local ecosystemincluding alliances with consultants, business cameras and universities, to boost the digital transformation of talent management in Argentina.
Other markets in which Peopleforce aims to grow are Poland, a region that showed considerable growth in the last year, and Latin America, where it already has the confidence of important companies in Latin America such as Kidscorp, Tul, Hubbing Latam and Clarika, in addition to recognized global organizations such as Testdevlabs, Paysera, Fairmoney, Ajax Systems.
Seed investment
The pre-serie a was Collidated by Practu Venturesone of the most important RR.H. technology funds in Central Europe, and U.Venturesa Chicago headquarters. Also DNIPRO VC participatedan early risk capital fund based in Silicon Valley.
Practu Ventures is the first corporate innovation fund in Poland, focused on investing in HR technology and education (HR Tech and Edu Tech). Pawel Leks, director of Practu Ventures, stressed: “Peopleforce’s innovative approach for HR automation positions them as leaders in the transformation of human talent management. team has demonstrated a clear vision and effective execution capacity. His commitment to offer exceptional value to his clients is perfectly aligned with our investment philosophy. “
“We are delighted to support Peopleforce while the company redefines the future of HR technology, its team, driven by excellence, is completely focused on the product and impact For the client, exactly the Type of Founders (founders) that we love to support. This financing opens growth opportunities in Latin America, Poland and beyond, carrying its intuitive and easy -to -use platform to use even more equipment worldwide, “added Andrii Sorohan, Investment Director in U.Vers. It is a fund that supports local businesses with global ambitions. Its portfolio includes companies such as Mate Academy, Dynamiq, Altris and Esper Bionics.
Finally, Marianna Bonechi, director of DNIPRO VC -Risk Capital Fund of Silicon Valley specialized in investing in early stages -said: “We are really impressed with the Peopleforce team, their knowledge of the market and feedback of customers, especially in the time the product saves companies.”
Where to run to work in Peopleforce
“In the last year, Peopleforce achieved a growth of the Rard of 2.5 times both in Latin America and in Poland. With this new investment, we planned to climb our local GTM teams and improve the automation of HR processes specific by region, thus promoting the success of our clients,” said Mykola Mykhaylov, Peopleforce co-cement, in a statement.
The payroll of personnel of this “HREC” in Argentina went from one person to the beginning of 2024 to 14 employees today. “The idea is to continue increasing this figure and having about 25 at the end of this 2025,” race revealed to this medium.
To lead this growth in the country, the company expects to add personnel from the Sales and customer service areaabove all.
Those selected receive first level benefits, such as 20 days of personal free time (PTO) under a modality of time flexibility and remote work. “The salary will depend on the profiles, but always We are competitive with the local market“said Carrera.
To apply for future searches of Peopleforce personnel, interested parties can leave their data and know vacancies in the racing area of the company’s website, filtering them for the Argentine region.
