PeopleForce Secures $5.4M to Fuel Expansion
Deal News | Apr 17, 2025 | Aim Group
PeopleForce, an HR management software company based in Ukraine, has raised $5.4 million in a Pre-Series A funding round. This investment will aid the company's growth intentions in both Poland and the Latin American markets. Pracuj Ventures, known for its investments in HR technology, co-led the round, signaling strong backing from sector-focused investors. The funds are anticipated to facilitate PeopleForce's expansion efforts, tapping into new geographical areas to meet the growing demand for HR solutions.
Sectors
- HR Technology
- Venture Capital
Geography
- Ukraine – PeopleForce is based in Ukraine, rooting the geographic context of the company.
- Poland – The expansion of PeopleForce is targeted at the Polish market, indicating significant geographic relevance.
- Latin America – The expansion strategy of PeopleForce includes markets within Latin America, underscoring the geographic focus.
Industry
- HR Technology – The article focuses on PeopleForce, a company that provides HR management software, highlighting the industry's relevance as it plans expansion in international markets.
- Venture Capital – Pracuj Ventures' involvement in the funding round links the article part of the venture capital industry, which provides financial resources for growth-oriented companies.
Financials
- $5.4 million – The total funds raised by PeopleForce in the Pre-Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PeopleForce | Target Company | Company | A Ukraine-based HR management software provider raising funds for expansion. |
| Pracuj Ventures | Investor | Company | A venture capital firm focusing on HR technology investments and co-leading the funding round. |