Skello, a Paris, France-based software-as-a-service platform that allows you to manage your organization's work calendar, raised $47.3 million (€40 million) in a Series B funding round.
The Series B round led by Partech, XAnge, and Aglaé Ventures, both existing investors, are also taking part.
Skello will use the fresh capital to expand into new markets, with a particular focus on Spain and Germany.
Company: Skello SAS
Round: Series B
Funding Month: September 2021
Lead Investors: Partech
Additional Investors: XAnge and Aglaé Ventures
Company Website: https://www.skello.io/
Software Category: HR Automator and time saver
About the Company: Skello makes a schedule in a few clicks, communicates with teams, and automatically processes payroll. Skello calculates in real-time the management indicators you need: Payroll, productivity, staff ratio. Skello manages legal requirements, can generate a report with everyone’s timesheet. You can integrate Skello directly with your payroll tool to make this process a bit less tedious as well. By using Skello, you get an online service that works for both managers and employees. On the manager side, you can view who is working and when. You can assign employees to fill some gaps. The firm is trusted by over 7,000 clients in the hospitality, retail, and health sectors, and is on track to see sales revenues reach €10 million in 2021.
Source: https://techcrunch.com/2021/09/15/skello-raises-47-3-million-for-its-employee-scheduling-tool/ https://tech.eu/brief/hrtech-automator-and-time-saver-skello-raises-e40-million/