Andjaro raises €13.4 million from IDinvest Partners, Sofiouest, Arkéna, Alliance Entreprendre and SWEN Capital Partners

Andjaro, a Paris, France-based SAAS developer for HR, announced securing a €13.4 million ($14.6M) capital investment round.

The money was provided by a range of investors from France, including IDinvest Partners, Sofiouest, Arkéa (via We Positive Invest), Alliance Entreprendre and SWEN Capital Partners.

FUnding will be used to hire more people and expand the company's services across Western Europe.

Andjaro, founded in 2015 as OuiTeam by Quentin Guilluy and Ivan de Pontevès, developed a software platform for managing temporary personnel transfers between sites within the same group. The SAAS allows mapping, re-allocation and load balancing of the internal workforce, especially when workforce is spread across multiple sites. Instead of using agencies to find temporary staff, the platform enables the reallocation of voluntary internal staff from other locations, which not only cuts costs, but also gives staff the chance to experience other parts of the organization.