$28M in Series C funding, solid partnerships and customer wins
by Jonathan Benhamou September 30 2015
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I am thrilled to announce our Series C funding of $28 million led by Eurazeo, along with our historical investors Accel Partners, Alven Capital, and Kernel Investments.
Eurazeo is one of the leading listed investment firms in Europe. This new funding will help accelerate our growth in the U.S. (American Express, Fast Retailing, Georgetown University and Paychex are a few of our new clients) and our revenue performance globally (we have quadruped our global revenue and have now over 400 customers).
This infusion of capital will continue to fuel our rapid expansion of sales, marketing, customer support, and R&D efforts, delivering on our vision of HR Service Delivery solutions in the cloud.
Over the last 4 weeks, we have partnered with ADP, SAP Success Factors, and Workday. These partnerships enable our customers to derive more value from their core HR platforms by easily connecting PeopleDoc’s powerful HR workflow and document management tools.
Our primary goal at PeopleDoc is to enable HR to reduce costs, focus on strategic business initiatives and delight employees by empowering them to quickly and easily access relevant HR information.
We are constantly innovating to offer our customers an exceptional experience. We could not have done it without your support and we are fully committed to your continuous success. We thank you for your confidence in PeopleDoc.
Jonathan Benhamou CEO and Co-founder
Jonathan Benhamou is a French entrepreneur, investor and CEO of the international start-up PeopleDoc. Jonathan co-founded PeopleDoc in Paris in 2007, which is now the leading provider of cloud-based HR service delivery solutions that has revolutionized the HR profession around the world.
In 2014, Jonathan moved to New York to oversee the global expansion of PeopleDoc. The same year, Gartner recognized PeopleDoc as a “Cool Vendor” in the human capital management space. Not only has Jonathan negotiated, raised and secured more than $55 million in funding led by Accel and Eurazeo, he also established offices in France, UK, USA, Canada and Germany, with more than 150 employees, to support PeopleDoc’s incredible customer base. PeopleDoc currently counts more than 500 clients worldwide, including Starbucks, Coach, American Express, Georgetown University, HSBC and Nestlé.
Jonathan is committed to using his personal success to invest in other young innovative companies and start-ups as well. Jonathan has been honored by many media, businesses and cultural organizations. He is a member of the delegation of Young Entrepreneurs of the G20. Jonathan also serves as Board Member and Business Angels of several start-ups (Clustree, BookandGolf, ISAI, Social Bar). He has been recognized as a Technology Young Leader- an honor awarded by 20 of Europe’s top technology leaders, including Apple, Google, Intel, Oracle, and Cisco.