HRLocker, a Clare, Ireland-based HR software company that provides people management solutions, raised €2 million in funding to fuel growth in the coming months and allow it to move into new markets.
The round was led by MACX3 Investments, Hugh O’Donnell’s investment firm, along with entrepreneurs, family offices, and private investors.
The funds will be used to expand into new international markets and grow its product portfolio while continuing to develop its Irish and UK customer base.
“We’re a well-managed Irish business that’s doing well.” Getting the right investor was key with the company already passing on one offer before Mr. O’Donnell came on board. “He’s a really good fit for us,” said, Adam Coleman, founder, and CEO of HRLocker
The company, which started as an HR consultancy, now offers a digital HR information system that manages the employee lifecycle, including GDPR-compliant employee databases, time management, performance management, and HR and payroll reporting.
Company: HR Interventions Ltd.
Raised: €2.0M
Round: Unknown
Funding Month: January 2023
Lead Investors: MACX3 Investments
Additional Investors:
Company Website: https://www.hrlocker.com/
Software Category: HR Software
About the Company: Founded in 2013 by Adam Coleman, HRLocker is an HR software company that digitally transforms people management and recruitment efforts. It allows companies to unlock their employees' potential and enable them to work from anywhere. HRLockers’ HR software can help a business maintain all personnel data and documents centrally and manage onboarding processes, absences, time registration, and attendance. HRLocker currently employs about 50 people, and its system has 45,000 daily users and more than 700 customers.
Source: https://www.irishtimes.com/business/2023/01/12/hrlocker-raises-2m-in-funding-as-it-targets-international-growth/