Kenjo raised one of the biggest HR tech seed rounds in Europe — check out the pitch deck that landed the startup $5.5 million
Summary
Technology in human resources has traditionally focused on making life easier for administrators rather than employees, according to Kenjo CEO David Padilla. The rise in remote working could lead to employee dissatisfaction if not dealt with, something he hopes to solve with his HR tech startup which has just raised $5.5 million in fresh funding. "In HR, Covid has meant that remote work comes in which has created new problems around issues like engagement, communication, culture, onboarding, performance, etc," Padilla told Business Insider. Covid is helping to fuel a boom in HR tech in what could be a $148 billion market, according to research from CB Insights. A recent study from PwC found that developing people to reach their full potential and improving the employee experience were among the top applications of technology in their businesses.
