Headquarters
Munich, GermanyFounded
2015CEO / Founder
Hanno RennerEmployees
1001-5000Funding
Series D+ — $722MProducts
1 product listedAvg. AI Score
7.6/10Website
www.personio.com/Profile updated
Personio was founded in 2015 in Munich, Germany, and operates as Personio SE & Co. KG. The company provides a cloud-based HR software platform designed for small and medium-sized enterprises with 10 to 5,000 employees, covering the full employee lifecycle from hiring through offboarding.
The Personio platform integrates core HR data management, recruiting and applicant tracking, onboarding, time and absence tracking, payroll processing, and performance management in a single system. The company targets European SMEs seeking to consolidate fragmented HR tools and spreadsheets into a unified workflow.
Personio has raised approximately $722M in total funding, including a $270M round at a $6.3 billion valuation in October 2021 and a $200M Series E at an $8.5 billion valuation in June 2022, backed by Greenoaks Capital. The company employs between 1,001 and 5,000 people and maintains offices across Europe.
Dated, source-cited figures. Estimates are marked.
All products by Personio reviewed by our AI panel of experts.
Six independent reviewer personalities assessed Personio's product on their own terms. They disagreed by 1.6 points — The Finance Lead was the hardest to convince, The Domain Strategist the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who Personio competes with, and how they differ.
Tel Aviv-headquartered and leans into employee engagement and culture (surveys, recognition, a consumer-grade UI) rather than Personio's DACH payroll-compliance depth; per-seat pricing runs higher at scale.
1 product reviewed on TopReviewedUS-built self-serve HRIS strongest in onboarding and time-off tracking for small teams, but lacks Personio's native German/EU payroll compliance and has a thinner performance-management module.
1 product reviewed on TopReviewedBundles HR with IT device management and finance/payroll into one unified platform for tech-forward companies, versus Personio's HR-first, EU-compliance-first approach.
Barcelona-based and the closest European-born peer, undercutting Personio on price with a broader pan-EU (rather than DACH-specific) payroll and compliance footprint aimed at smaller SMBs.
Key milestones in Personio's history, with sources.
Personio acquires recruiting-AI startup aurio, reports first profitable quarter
Personio acquired Munich-based recruiting-automation startup aurio to add AI sourcing and screening features to its ATS, announcing the deal alongside the company's first profitable quarter. Deal terms were not disclosed; Personio reported 16,000 customers covering 1.5 million employees.
munich-startup.dePersonio cuts 165 jobs and exits the US market
Personio laid off 165 employees, about 10% of staff, and closed its New York office, completely discontinuing its US business two years after opening it, to refocus resources on European customers en route to a stated 2026 profitability target.
personalwirtschaft.dePersonio lays off about 100 staff in a Product and Technology reshuffle
Personio dismissed approximately 100 employees, about 5% of headcount, from its Product and Technology department; the company said this was a skills reshuffle rather than a cost-cutting measure, citing 150+ open PTech roles at the time.
tech.euSeries E second close - $200M led by Greenoaks, $8.5B valuation
Personio raised an additional $200 million in a second Series E close, again led by Greenoaks Capital Partners, bringing total Series E proceeds to $470 million and valuing the company at $8.5 billion.
techcrunch.comSeries E first tranche - $270M led by Greenoaks, $6.3B valuation
Personio raised $270 million in a first Series E tranche led by Greenoaks Capital Partners, with new investors Altimeter Capital and Alkeon joining returning backers, at a $6.3 billion valuation - a 3.7x jump in nine months.
techcrunch.comSeries D - $125M co-led by Index Ventures and Meritech, $1.7B valuation
Personio raised $125 million in Series D funding co-led by Index Ventures and Meritech Capital at a $1.7 billion valuation, becoming one of Germany's newest HR-tech unicorns.
techcrunch.comSeries C - $75M led by Accel, $500M valuation
Personio raised a $75 million Series C led by Accel, with Lightspeed Venture Partners participating, valuing the company at $500 million and bringing total funding to $130 million since founding.
techcrunch.comSeries B - $40M led by Index Ventures
Personio raised $40 million in Series B funding led by Index Ventures, with Northzone and Global Founders Capital participating; the company reported more than 1,000 clients in 35 countries at the time.
techcrunch.comSeries A - $12M led by Northzone
Personio raised a $12 million Series A led by Northzone, with Global Founders Capital and Picus Capital participating, after bootstrapping to roughly 400 customers.
techcrunch.comPersonio founded in Munich
Hanno Renner and co-founders launched Personio in Munich to build HR software for European small and medium-sized businesses, bootstrapping to roughly 100 customers before raising outside capital.
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