Hublo announced raising €22 million in a funding round backed by Revaia and Acton Capital.

Hublo, a Paris, France-based company developing SAAS for human resources within the healthcare industry, announced completing a €22 million ($26M) capital funding round.

The money was raised from investors led by Revaia (formerly Gaia Capital Partners) and joined by the German fund Acton Capital.

The company says it will use the proceeds for hiring more people, more focus on the product development and expansion in 4 new European countries over the next 18 months.

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- recruit, in the next 18 months, the 200 talents in all departments of the company: technical and product development, sales, project management, data, finance, HR, marketing

Hublo, founded in 2020 as a merger between Whoog and medGo and led by CEO Antoine Loron, develops SAAS used for HR management in healthcare facilities, as it connects healthcare providers with employees, staffing agencies, and temporary workers, allowing for the coordination of replacement assignments. The company says it is used in 2,800 health facilities and 400,000 users from France and Germany.