Sesame Secures €23 Million in Funding

by Kay Aloha Villamor in May 10th, 2024

Sesame, a Valencia, Spain-based human resources management startup, has secured €23 million in funding. 

Investors

The round was led by GP Bullhound funds, with participation from PSG. 

GP Bullhound is a technology advisory and investment firm that provides transaction advice and capital to entrepreneurs and founders. 

Sesame Use of Funds

The company will utilize the funding to expand its software capabilities, introduce new verticals, and accelerate its global reach. Additionally, Sesame plans to launch new financial features like expense tracking, payroll advances, and flexible compensation, positioning itself as a comprehensive HR management solution in the market. 

About Sesame

Sesame is an HR software provider offering a complete platform that digitizes HR tasks while also supporting professional growth, employee wellness, and corporate culture development. Founded in 2015, the company has served over 8,000 clients globally with more than 300,000 users. Sesame helps companies understand their employees and create tailored work environments. 

Funding Details 

Company: SESAME LABS, SL 

Raised: €23.0M 

Round: Unknown 

Funding Month: May 2024 

Lead Investors: GP Bullhound funds 

Additional Investors: PSG 

Company Website: https://www.sesamehr.es/  

Software Category: Human Resources Management 

Source: https://siliconcanals.com/crowdfunding/sesame-raises-23m/

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