Hogan Lovells advises Personio on Series-C financing round

Led by Munich partner Volker Geyrhalter, Hogan Lovells advised Personio GmbH on a USD 75 million Series-C financing round. 

The financing round is led by international venture capital investor Accel. In addition to the previous investors Index Ventures, Northzone, Global Founders Capital and Picus Capital, international venture capital firm Lightspeed Venture Partners and Lars Dalgaard are also investing in the Munich start-up, which has been offering integrated HR software for small and medium-sized companies since 2015.

With the additional capital, Personio intends to further develop its cloud-based software and further advance its rise to Europe's leading HR operating system for recruiting, personnel management and payroll accounting for small and medium-sized companies.

Hogan Lovells has already accompanied Personio in all previous financing rounds. 

"I am pleased that we were able to support Personio with our legal expertise and experience through another important round of financing," said Volker Geyrhalter, head of the European Corporate practice in Munich.

Hogan Lovells team for Personio

Dr. Volker Geyrhalter (Partner), Cornelius Naumann (Senior Associate), Thiemo Woertge (Senior Associate), Dr. Julian Fridrich (Associate) (all Corporate, Munich).

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