HR Nordic aims to become a leading European talent platform, and the investment in Talmundo follows HR Nordic’s recent investment in ReachMee, a leading provider of cloud-based recruitment solutions headquartered in Stockholm, Sweden.
Talmundo will expand through strategic investments in the DACH region and accelerated product development, including enterprise features, analytics and the company’s AI-powered onboarding “Chatbot.” The firm will continue to operate under its own brand.
“With the backing of Verdane, we’re building an HR tech powerhouse. We were very impressed with the quality of Talmundo’s client portfolio and their onboarding offerings, which match our European ambition,” explains Lars Ringdal, CEO of the HR Nordic. “We have a great cultural fit with the team at Talmundo.”
Since its launch in 2014, Talmundo has quickly become a key player in the European employee onboarding space. Over 150 employers currently use Talmundo’s onboarding solution, including multinationals such as Engie, Lufthansa, TUI and BNP Paribas. More than 35 000 new hires across Europe have been onboarded using the company’s experience-driven platform.
“We’re pleased to welcome Talmundo into Verdane’s family of software portfolio companies and look forward to supporting the group in accelerating growth”, says Johnny Rindahl, Partner at Verdane.
Founder and CEO of Talmundo Stijn de Groef, who himself has reinvested a significant amount into the HR Nordic group as part of the acquisition agreement, will continue in his day-to-day role as CEO and will also join the group’s management team.
“We are laser focused on helping our clients to update outdated onboarding processes with the latest technology, allowing them to engage new employees like never before,” says de Groef. “We have been searching for a new partner as we seek to grow even faster and we’re excited to partner with HR Nordic.”
About HR Nordic
Backed by Verdane, HR Nordic is the region’s leading provider of HR and recruiting systems with an ambition to become a leading talent platform. The group was built on acquisitions of renowned companies in every part of the talent journey: HR Manager, Webcruiter, ReachMee and Talmundo. HR Nordic today employs 200 professionals and serves more than 2 000 customers in both the large and medium sized market. HR Manager’s former CEO Lars Ringdal leads the group’s growth journey throughout the Nordics and Europe.
About Talmundo
Talmundo is a European HR Tech company founded in 2012. Its onboarding platform, launched in 2014, is a mobile-friendly cloud software which creates an engaging pre-boarding and onboarding experience for employees. Talmundo’s software blends HR best practices together with companies’ culture to deliver a seamless onboarding experience, which helps companies bring people onboard faster, integrate them better, and make everyone’s job easier. By keeping key HR metrics like retention, productivity and employee engagement in mind, Talmundo’s solution helps companies go beyond the paperwork and create a meaningful onboarding journey for new hires, revolutionizing the way we interact with HR technology systems. Today, Talmundo is proud to work with leading multinationals like Deloitte, ABN Amro, Bacardi, ArcelorMittal, KPMG, BNP Paribas Fortis, Sodexo, Engie, SAS, and Swisscom. www.talmundo.com
About Verdane
Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.
Verdane funds hold over €6 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo, and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com
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