50skills, a leading Icelandic HR SaaS and new-hire onboarding solution announced that it secured €2.5 million in funding.

The round was led by Frumtak Ventures, a leading early-stage Icelandic VC firm.

50skills will leverage the fresh capital to scale its solution for global markets, beginning with high-turnover industries in the Nordics and UK.

Company: 50skills

Raised: €2.5M

Round: Unknown

Funding Month: May 2022

Lead Investors: Frumtak Ventures

Additional Investors:

Company Website: https://www.50skills.com/

Software Category: HR software

About the Company: 50skills is a HR software company focused on providing efficient technology solutions for enterprise employers in high-turnover industries. 50skills streamlines onboarding processes, creating tools and services, leveraging the 50skills team’s depth of experience in the recruiting, HR, and innovation sectors. The company already has employees at customer organizations using the platform across over 20 countries and works with brand name employers in Iceland such as Icelandair, PLAY Airlines, Securitas, IKEA, Vodafone, Enterprise Rent-A-Car, and Domino’s.   

Source: https://www.50skills.com/blog/50skills-raises-eu2-5-million-from-frumtak-ventures-to-transform-employee-onboarding