About past, present and future of Ukraine

Main Business — The Ukrainian HR startup PeopleForce has raised $2 million in investments from the Pracuj Ventures fund

Business

The Ukrainian HR startup PeopleForce has raised $2 million in investments from the Pracuj Ventures fund

19 Feb, 2024
234
The Ukrainian HR startup PeopleForce has raised $2 million in investments from the Pracuj Ventures fund

Share this article

The Ukrainian startup and international developer of the all-in-one HR platform, PeopleForce, has secured an additional $2 million investment from the venture fund Pracuj Ventures.

"This round not only strengthens our longstanding partnership but also underscores the fund's confidence in our mission to automate HR processes for technology-oriented companies," the press release states.

The company notes that this round "plays an important role in supporting PeopleForce in product development and company scaling," particularly focusing on the markets in Poland and LATAM.

 

 

"Pracuj Ventures once again reaffirmed their commitment to trends in HR automation. At PeopleForce, we take pride in being part of their investment portfolio and are diligently working on developing the platform, providing the best opportunities and services to our users," said Andrew Setynik, founder and CEO of PeopleForce.

PeopleForce previously closed a funding round with Pracuj Ventures, becoming the ninth business in their investment portfolio alongside Gamfi, Gymsteer, Inhire.io, Kadromierz, SeniorApp, Sherlock Waste, Wandlee, Worksmile, and others.

"As investors, we are excited about the opportunity to support PeopleForce on their journey. We believe in the vision and mission of PeopleForce, and we look forward to being part of their further growth," said Pavel Lex, managing partner at Pracuj Ventures.

PeopleForce is an all-in-one HRM software that helps businesses of all sizes integrate and optimize their workforce. It is one centralized solution to streamline HR processes at every stage of the employee life cycle.

The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...