Eloomi announced an additional €6M investment round from Kennet and Vaekstfonden.

Denmark United Kingdom 23 October 2020
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Eloomi, a Copenhagen, Denmark-based employee experience platform developer, announced that it raised an additional capital round of €6M ($7M).

The money was raised from existing investors Kennet Partners from the UK and Vækstfonden from Denmark. The deal values the company at €67M ($78M). The new investment will be used for further expansion in the fast-growing British market and enable the establishment of teams in the U.S.

Eloomi, founded in 2015 by CEO Claus Johansen, is developing and providing a digital platform for businesses to manage feedback, learning, and people development. The company has customers in 26 countries with 90% of the revenue coming from outside of Denmark.

Eloomi previously raised almost $15 million, last round in 2019.

Total investments received (USD): 76.48M

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