Berlin-based Kenjo Receives €8.8 Million Investment

Kenjo, one of Europe's leading HR tech startups, has closed an €8.8 million Series A investment round led by Hi Inov. In addition to Lightbird and Innovation Nest, previous investors such as Redalpine and The Delta also participated in the round. Wolfgang Krause, Managing Partner of Hi inov, joined Kenjo's board of directors. It strengthens Kenjo's position as the market leader in HR software for frontline workers in small and medium-sized companies in industries such as manufacturing, retail, transport, logistics and healthcare. Kenjo will also focus on increasing its suite of digital solutions to streamline the management of HR departments.

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Berlin-based Kenjo

Note that this Series A is for investment. It will also strengthen Kenjo's position in Europe, where it has been active since the start of operations in 2017. Kenjo will continue to consolidate its position in the DACH region (Germany, Austria and Switzerland) and in the south of Europe. The next step will also focus on expansion into the LATAM region starting in 2022. Kenjo offers an all-in-one software designed to reduce administrative tasks in the HR department and make it easier for companies to comply with labour legislation in various countries. To this end, it offers solutions focused on optimising the most important HR processes, including time and attendance tracking, holiday and absence management, shift planning, payroll, data analysis and performance evaluations, among others.

Kenjo has offices in Madrid, Berlin, Zurich and Mexico City and a client base of more than 1,000 companies with 20 to 500 employees. Kenjo's board of directors also includes Wefox CEO Julian Teicke and Invested co-founder and HR expert Noor van Boven.