nCore HR, a Milan, Italy-based cloud-based automation software platform focusing on HR operations, has secured €2 million in funding.  

SaaS Investors 

The investment was from Vertis.  

Established in 2007, Vertis SGR is a private equity investment firm based in Naples, Italy. The firm seeks to invest in the software, commercial products, retail, consumer durables, utilities, cleantech, wellness, e-commerce, and robotics sectors.  

nCore HR Use of Funds 

The company will use the funds to expand operations and business reach, both within Italy and internationally.  

About nCore HR 

Founded in 2017 by Enrico Ariotti and Aldo Toja, nCore HR is a cloud-based recruiting automation software that reduces the workload of professionals involved in recruitment functions by optimizing all repetitive tasks.nCore's platform allows users to automate non-core HR operations, enabling more efficient and streamlined recruitment processes. nCore's cloud-based HR software is currently available in 13 languages and has gained traction in various countries, managing millions of resumes, conducting video interviews, and serving clients such as Adecco, Saipem, Aruba, BMW, and Lamborghini.  

Funding Details

Company: nCore Srl  

Raised: €2.0M  

Round: Unknown  

Funding Month: December 2023      

Lead Investors: Vertis  

Additional Investors:   

Company Website: https://www.ncorehr.com/   

Software Category: HR Recruiting Software  

Source: https://www.finsmes.com/2023/12/ncore-raises-eur2m-in-funding.html