Eloomi in a $55 million investment round backed by the Boston-based private equity firm Great Hill Partners

Denmark United States 07 June 2021

Eloomi, a Copenhagen, Denmark-based employee experience platform developer, completed a $55 million capital funding round.

The money was raised in a transaction backed by the American private equity company Great Hill Partners.

Great Hill Partners joins the group of existing investors in eloomi, including Claus Johansen, Kennet Partners, and VF Ventures.

The investment is expected to accelerate eloomi’s growth in the United States and support further expansion of the Company’s go-to-market and product development efforts. 

Eloomi, founded in 2015 by CEO Claus Johansen, offers a leading SaaS corporate learning and performance management platform that enables HR Directors to easily distribute training content to internal and external users, while monitoring their progress and streamlining coaching, reviews, and 360 feedback.

The solution helps businesses develop their employees and leaders with ease and simplicity throughout the entire employee journey. The software is easy to deploy, and ensures that organizations can efficiently onboard new employees, strengthen productivity and performance, and continuously deliver relevant content that accelerates employee development and growth. The company has more than 500 customers in over 25 countries.

Eloomi previously raised €6M in investment from Kennet and Vaekstfonden in 2020 as a followup to a $11.3M growth capital round closed in 2019. In total the company raised around $21.5M.

Total investments received (USD): 76.48M