Become.1, a Heidelberg, Germany-based HR tech startup, raised €3.3M in Seed funding.
The round was led by D11Z.Ventures, Haufe Group Ventures, MBG Baden-Württemberg, the High-Tech Gründerfonds (HTGF), as well as business angels, including Matthias Allmendinger (Taxdoo), Sebastian Koch (formerly KPMG), and Maru Winnacker (Urania Ventures). HTGF and other business angels were already involved in the pre-seed round in 2022, which included investors such as Thomas Otter (Acadian Ventures) and Michal Jarocki (formerly Commerzbank).
The company intends to use the funds to further expand its all-in-one platform for employee benefits.
Led by co-founders and CEOs Friedrich Villhauer and David Wambsganss, Become.1 is a HR tech startup that aims to reduce the administrative effort for employers and provide maximum flexibility for employees with its software to make employee benefits more accessible and usable. The benefits can be securely managed and integrated into existing HRM (Human Resource Management) and payroll systems. The platform is aimed at German companies but also offers solutions for their employees in other European countries, including Austria, Switzerland, the Netherlands, Spain, the UK, and Luxembourg.
The company, which currently has nearly 30 employees, has already won hundred SMEs and startups as customers, including Hypoport, Stadler Rail, Knuspr, Diconium, and Eurofins Genomics.
FinSMEs
18/09/2024