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PeopleForce announces $2 million in seed funding led by Pracuj Ventures

PeopleForce announces $2 million in seed funding
Inside PeopleForce timer icon2024-02-19

PeopleForce announces $2 million in seed funding led by Pracuj Ventures

PeopleForce team

PeopleForce, the global provider of an all-in-one HR platform,  is thrilled to announce a significant milestone — a $2 million follow-on investment led by Pracuj Ventures. The round not only strengthens our ongoing partnership but also underscores its confidence in our mission to streamline HR processes for tech-forward companies.

As a prominent figure in the Polish venture capital scene, Pracuj Ventures continues to champion innovation in HR. This fresh round of funds will play a crucial role in driving PeopleForce's product development efforts and extending our reach, focusing on expanding into the Polish and LATAM markets.

“Pracuj Ventures reaffirmed its commitment to HR automation and tech trends. At PeopleForce, we are proud to be part of their investment portfolio and eager to advance development, delivering the best HR platform for our customers", shared Andrew Cetinic, founder and CEO of PeopleForce.

Founded in 2019 by Andrew Cetinic, the company already boasts over 800 customers and over 80,000 users worldwide. Among them are globally recognized brands such as Rakuten, BMW, Deloitte, Ajax Systems, Reply.io, and YouScan, alongside notable successes in the Polish market, including Autenti, MerXu, Grupa eSky, Inspeerity, Addepto, Verseo, and LATAM market, including Hubbing LATAM, Infracommers, Patagonian, Clarika and others.


Investor’s perspective

"As investors, we're thrilled to support PeopleForce in its journey. Its unwavering commitment to delivering value to customers through a focused strategy is truly commendable. The founding team's bold approach to entering new global markets showcases their innovative spirit and track record of success. We believe in their vision and are excited to be part of their continued growth and impact", says Paweł Leks, Managing Partner at Pracuj Ventures.

Previously, PeopleForce closed an investment round with Pracuj Ventures, joining their portfolio alongside notable companies such as Gamfi, Gymsteer, Inhire.io, Kadromierz, SeniorApp, Sherlock Waste, Wandlee, Worksmile, and others.

Future growth plans

“Our customers are delighted about how frequently features are coming into the platform and how our award-winning customer success department is helping customers optimise their HR processes and listen to their requests and feedback. I’m excited about our next chapter and to start using these funds to deliver new innovations and features for our customers”, mentions Andrew Cetinic, CEO of PeopleForce.

About PeopleForce

PeopleForce is an all-in-one HR platform designed to provide the best employee experience and streamline HR processes at every stage of the employee life cycle. The company has over 800 clients from 25 countries worldwide, with a total of more than 80,000 active users on the HR platform. PeopleForce’s main goal is to automate tasks, freeing time for HR professionals to focus on talents and their growth.

About Pracuj Ventures

Pracuj Ventures is the first corporate innovation fund in Poland and one of the first in the CEE region, which focuses on investing in HR Tech and EDU Tech areas. The fund's mission is to support innovative and scalable projects operating in the digital HR market. 40 thousand clients from 40 countries have actively used the company’s products and services.

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