CatalystOne closes a SEK 40M investment round to support global expansion in the Nordic HCM software market.

Norway Sweden Investments 13 September 2017
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CatalystOne, an Oslo, Norway-based company providing cloud applications for human capital management (HCM), closed an investment round of at least SEK 40M ($5M).

The money comes from Swedish venture capital firm Neqst and will be used to strengthen CatalystOne’s position as a leading player in the Nordic HCM software market and support global expansion.

CatalystOne, founded in 1998 and led by Avtar Jasser, provides cloud applications for Human Capital Management including Core HR, Competence, Performance Management, Compensation and Talent Management. The company has a large number of installations and customers from private and public sectors – Nordic and global enterprises with users on all continents. CatalystOne Solutions operate in Sweden, Norway, Denmark and India.