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Clare-Based Hrlocker Seeks €2M In Funding Round

Clare-Based Hrlocker Seeks €2M In Funding Round

04/29/22, 3:49 PM
Money raised
€2 million
Round Type
seed
Clare-based HR software company HRLocker is seeking to raise funding, with a pre-seed round of €2 million

Company Info

Company
Hr Locker
Additional Info
The company, which is currently valued at €8 million, is offering a 20 per cent stake in the company. The company originally started as a HR consultancy. However, Ms Robbins Rynne said the company is also hoping to attract a commercial investor with experience of growing a Software as a Service company, who can bring their expertise to HRLocker. The company, which said last year it planned to create 50 jobs to deal with the surge in demand from the pandemic, had €1.1 million in recurring revenue coming into 2022.“Currently our sales are growing 56 per cent year on year for the last two years.