Dutch-based Talmundo has raised €1.3 million led by TIIN Capital for its employee onboarding solution.
It counts a number of large brands and multinationals among its customers, including BNP Paribas and Bacardi. Led by Belgian CEO Stijn De Groef and based in The Hague, the company has been very much focused on the Benelux market. It plans on using the new funds to enter France and the UK as well as pumping money into product development around AI and enterprise features.
Onboarding solutions in HR have moved beyond “just hype”, the company and TIIN Capital said in a statement.
“Talmundo brings conventional and outdated onboarding processes up to speed with the latest technology, making them easier, more engaging and more professional than ever,” said De Groef.
“Talmundo’s technology fits perfectly within what we’ve experienced firsthand,” added Henk De Boer, partner at TIIN Capital, which previously backed the company in its initial funding round. “It increases satisfaction and ultimately loyalty among employees with a fun and simple solution. Seeing the company’s success after our first investment, it was an easy decision to give the green light for a second funding round.”
A number of angel investors also contributed to this latest investment.