The acquisition of Javelo further strengthens PSG’s HR tech platform already constituted of Sympa and Recruitee. The platform offers leading products in the three key HR software pillars: Recruitment, Core HR and Performance Management
Javelo, a leader in the performance management and employee engagement space based in Paris, announces that it has received growth investment from PSG Equity (“PSG”). PSG is a growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth and build scale across Europe and the U.S. Javelo will join forces with PSG-backed Sympa and Recruitee to deliver tools for HR leaders at the forefront of digitizing their teams.
Headquartered in Paris, Javelo, which was founded by Anne-Sophie Vasseur, David Guillermain, Guillaume Berthault and Gautier Machelon, has developed a robust performance management platform to help businesses develop a strong feedback culture. Javelo has since become an innovator in the European performance management space, offering a wide spectrum of tools from evaluation and appraisal to employee engagement, 360-degree feedback, objective tracking, and employee surveys. Today, Javelo has three offices and counts companies such as Transavia, Protectas, Domino’s Pizza, and Manpower among its customers.
Together, Javelo, Sympa, and Recruitee will aim to provide a portfolio of leading software tools for HR teams in small, medium-sized and larger businesses across strategic HR, people management, employee engagement, recruitment, and performance management. With over 6,000 customers collectively across Europe, the UK, and the U.S., and with over 400 employees, each business aspires to develop solutions for innovative HR leaders. Notable brands such as Red Bull Media House, Breitling, BMW, and TNT have engaged Javelo, Sympa, and Recruitee to help them to acquire high quality talent, safeguard employee data, and empower teams to make better strategic decisions.
Anne-Sophie Vasseur, CEO and co-founder of Javelo, commented: “Javelo joining forces with Sympa and Recruitee marks the beginning of an exciting chapter. We believe that PSG’s investment validates the potential of our platform and our team in the market. Additionally, it is our view that the collaboration with Sympa and Recruitee augments our existing geographic reach and product focus, and will allow us to continue delivering top results for our customers through cutting-edge HR tools.”
Edward Hughes, Managing Director of PSG, stated: “Congratulations to the team at Javelo for the product and team they have built. There continues to be tremendous opportunity in the HR software vertical, and we are excited to support Javelo, Sympa, and Recruitee on their journey.”
Financial terms were not disclosed.
For more such Updates Log on to www.hrtechcube.com