Loopline Systems secured capital funding from Fawkes Ventures, STS Ventures et al

Loopline Systems, a Berlin, Germany-based HR software developer, announced that it secured capital funding.

The money was raised from a range of investors from Germany, including Fawkes Ventures, STS Ventures and angel Andreas Burike.

Loopline Systems, founded in 2014 by Nora Heer and Christian Kaller,  provides companies with a cloud, project-based team feedback tool to introduce and optimize agile leadership, employee feedback and performance management. The solution allows users to digitize and simplify feedback processes and – through regular, automated surveys – to increase employee engagement and develop ideas that drive the entire organization forward.

The investment is raised as the company announced a few months earlier, in the summer of 2020, that it went bankrupt.